The Legacy Multi-Family Group, a seven-member practice managing $6.5 billion in client assets at J.P. Morgan Private Bank, has joined UBS Private Wealth Management in Century City, Calif., the company recently announced in a news release.

Led by Patrick Schaffer and Ryan Bristol, industry veterans with four decades of combined experience, the Legacy wealth management team built a practice for nine years at J.P. Morgan by focusing on high-net-worth families, individuals, foundations and privately-held businesses before deciding to switch affiliations to UBS.

Prior to his career in wealth management, Schaffer worked for J.P. Morgan’s investment bank and two hedge funds. He is also an adjunct faculty member at Villanova University, where he teaches finance and accounting. Schaffer holds a B.A. from Johns Hopkins University, an M.S. from Villanova University, and is a chartered financial analyst.

Bristol worked at Goldman Sachs, Morgan Stanley and Bernstein Global Wealth Management’s private client practice before joining J.P. Morgan Private Bank in 2011. He received his B.S. degree from Cal Poly, San Luis Obispo and a M.B.A. degree from UCLA's Anderson School of Management.

In addition to Schaffer and Bristol, the Legacy team also includes financial advisors Barry Peterson, Corey Mazza and Dhanesh Bharvani, relationship manager Basel Sbeini, and senior wealth strategy associate Shauna Kohanchi.

Peterson joined J.P. Morgan Private Bank in 2011. Prior to that, he worked in the philanthropic sector as a charitable business development officer at the California Community Foundation. Peterson remains active in philanthropy and currently serves on the Charitable Board of QueensCare. He holds a B.A. degree from Whittier College and a M.B.A. degree from UCLA's  Anderson School of Management.

Mazza has held private wealth management roles at both J.P. Morgan and Goldman Sachs. He earned a B.A. from Harvard University, an M.B.A. degree from the University of Texas at Austin McCombs School of Management, and a M.S. degree in financial planning from California Lutheran University.

Originally from Hong Kong, Bharvani started his career with J.P. Morgan in Singapore, where he worked on the Non-Resident India team. He moved to Los Angeles in 2016 to join J.P Morgan Private Bank, and has worked with clients across the globe. Bharvani graduated with honors from Emory University's Goizueta Business School, where he received a B.B.A. degree in finance.

UBS Group AG is a multinational investment bank and financial services company co-headquartered in the cities of Zürich and Basel, Switzerland.