We are so excited to have the best of both worlds - the flexibility and autonomy of an independent practice with no conflicts of interest, and the tools and resources of one of the largest investment firms in the world
Reston, VA (PRWEB) March 26, 2010
Two financial advisors, John Choudhary and Anne-Day McCabe, left UBS Financial Services on March 19 to form their own firm, CAM Private Wealth Services. They have opened offices in Reston and Tysons Corner, Virginia.
Choudhary will be managing director and PIM portfolio manager for the new firm and McCabe will be Vice President and Financial Advisor. They will be associated with Wells Fargo Advisors Financial Network, which will act as custodian and clearinghouse for their clients' assets.
"We are so excited to have the best of both worlds - the flexibility and autonomy of an independent practice with no conflicts of interest, and the tools and resources of one of the largest investment firms in the world," said Choudhary and McCabe. "This move will enable us to greatly expand our offerings to clients."
About the CAM Team
Choudhary, a Chartered Retirement Planning SpecialistSM, was First Vice President-Investments at the USB office in Tysons Corner, Virginia. He started his career in 1997 with a boutique firm on Wall Street. Joining UBS in 2000, he was among a select group of advisors who qualify for the "Portfolio Manager Program" (PMP), which enables him to manage a discretionary portfolio. He has consistently been recognized as a top advisor by qualifying as a "Pace Setter" in multiple years and was a member of the President's Council, which includes the top 700 advisors out of over 7000 at UBS in the United States. He holds a bachelor's degree in finance from Rutgers University. Coudhary lives in Chantilly, Virginia, with his wife Gohar and son Aydan.
McCabe, a Chartered Retirement Planning CounselorSM, started her career in the financial services industry on the banking side in 2001. She joined UBS in the summer of 2009, after spending three years as a financial advisor with Ameriprise Financial. She is a candidate for the CERTIFIED FINANCIAL PLANNERTM designation from the College of Financial Planning and will sit for the comprehensive exam in the fall of 2011. She holds a bachelor's degree in economics and Latin American studies from George Mason University. McCabe lives in Ashburn, Virginia, with her husband Harold.
Choudhary and McCabe formed a team when McCabe joined UBS last year. They manage assets for clients across the United States, South America and Europe.
About CAM Private Wealth Services
CAM Private Wealth Services has opened for business as an independent financial planning and wealth management firm with offices at Reston Executive Center II, 12110 Sunset Hills Rd, Suite 120, Reston, VA 20190. The principals are John Choudhary, a Chartered Retirement Planning Specialist®, who is managing partner and PIM portfolio manager, and Anne-Day McCabe, vice president and financial advisor. The CAM team provides independent financial advice, custom strategies for income planning and wealth accumulation and portfolio management services. They can be reached at 703-956-2200. For more information, visit their website.
About Wells Fargo Advisors
With over $1 trillion in client assets as of December 31, 2009, Wells Fargo's brokerage businesses comprise 15,000 full-service financial advisors and 6,300 licensed financial specialists. This vast network of advisors, one of the nation's largest, serves clients through offices in all 50 states, the District of Columbia and Latin America. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affilitates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company.
Investments products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN). CAM Private Wealth Services is a separate entity from WFAFN.
Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores, over 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.
Securities and Insurance Products: Not Insured by FDIC or Any Federal Government Agency
May Lose Value. Not a Deposit of or Guaranteed by a Bank or Any Bank Affiliate.