Bob McCann, the chief executive at UBS Wealth Management Americas, has tapped his former Merrill Lynch colleague, Bob Mulholland, as head of the UBS advisor force, according to an internal memo.

Mulholland, who spent 25 years at Merrill, will be head of the UBS Wealth Management Advisor Group. He replaces Jamie Price, who will “move into an advisory role…working with Bob Mulholland and his team, while he considers new career opportunities,” according to the memo.

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