UBS Private Wealth Management Brings In $2 Billion Advisor Team

By Amit Chowdhry ● Feb 10, 2024

UBS Private Wealth Management announced that Financial Advisors Matthew Foley, Lawrence DeLuise and Christopher Butler have joined the firm. And together with their team, Foley, DeLuise & Associates, they manage over $2 billion in client assets for ultra-high net worth individuals and families. Matt, Larry, and Chris are also joined by team members Jason Lipp, Deanna Wilson, Lori Macaluso, Greg Romano, Linsey Serafino, and Emily Buske.

Foley, DeLuise, & Associates join the UBS Manhattan Market – managed by Market Executive Christopher DiMuria and Market Directors Robert Sorrentino and Thomas Conigatti. This team will be based in the Paramus, New Jersey Private Wealth Management office of UBS, managed by Market Director Adam Kamm.

Foley, DeLuise & Associates provides a limited number of individuals and families with boutique-like services, broad global resources, and customized strategies to help them simplify life and spend more time pursuing what matters most to them. The team offers access to opportunities beyond day-to-day portfolio management, including next-generation education programs, innovative philanthropic and legacy planning strategies, and family office experiences incorporating lifestyle services.

Matthew L. Foley, CPWA, CIMA, CEPA, joins UBS as a Managing Director and Private Wealth Advisor. Foley has over 29 years of industry experience and began his career in financial services with Merrill Lynch in 1996. He serves a select circle of families whose significant wealth creates ongoing and often complex considerations. Foley holds the Certified Private Wealth Advisor (CPWA) and Certified Investment Management Analyst (CIMA) designation. A graduate of Villanova University, he also holds a bachelor’s degree in marketing. Foley is a board member of Eva’s Village in Paterson, New Jersey, and a former volunteer with the Jesuit Volunteer Corp in Salem, Oregon.

Lawrence M. DeLuise, CFP, CPWA, CIMA, joins UBS as a Managing Director and Private Wealth Advisor. DeLuise has more than 27 years of industry experience and began his career in financial services with Merrill Lynch in 1997. He advises a limited number of C-suite executives, entrepreneurs, professional investors, and affluent families with multigenerational wealth. After earning his bachelor’s degree in business from Ramapo College, DeLuise became a CFP certificant, and taught in conjunction with Fairleigh Dickinson University. He also holds the Certified Investment Management Analyst (CIMA) and Certified Private Wealth Advisor (CPWA) designation.

Christopher M. Butler, CEPA, joins UBS as a Financial Advisor. Butler has worked in the financial services industry since 2009 and joined UBS from Merrill Lynch Wealth Management. He is the primary advisor for the team’s wealth management and wealth planning activities, focusing most closely on next-generation and executive-track clients. Butler also manages the team’s Corporate Services platform. Butler graduated from Iona College with a master’s degree in business administration. He holds the Certified Exit Planning Advisor designation from the Exit Planning Institute.

KEY QUOTE:.

“Matt, Larry, and Chris are pillars of their community, and we are proud to welcome their team to UBS. For decades, they have served high net worth and ultra-high net worth clients with distinction, helping them navigate complex financial decisions and generational family wealth management. We look forward to supporting the team as they continue to grow and deliver the full power of UBS to their clients.”

– Christopher DiMuria, Market Executive for Manhattan at UBS Wealth Management USA