Doug was the Managing Director and Head of Investment Management, a business he created, within UBS Wealth Management Solutions. Doug’s investment management organization was responsible for managing over $9 billion in assets under management and over $8 billion in assets under advisement. With over 25 years of industry experience, he served as a voting member and the Chairman of the Portfolio Strategy Group Investment Committee. He joined UBS in 2004 as Chief Portfolio Strategist in the research department. Doug transitioned from the research department to an asset management role within Wealth Management Solutions in 2005.
As the Head of Investment Management, Doug oversaw the team responsible for developing asset allocation and portfolio management strategies designed to meet the needs of high net worth private clients, including creating and managing equity, mutual fund, and exchange traded fund strategies for UBS discretionary advisory programs. Doug and his team also created portfolio models available for implementation on a discretionary or non-discretionary basis, at the option of the client. In addition to his asset management responsibilities, Doug oversaw the Investment Management Research department which conducted due diligence on external asset managers.
Prior to joining UBS, Doug was associated with Merrill Lynch for 11 years. During his tenure at Merrill Lynch, he held various senior research positions associated with investment policy, strategy and asset allocation. Doug created the first Global emerging markets strategy service, as well as the first Global sector investment advisory services product. He also was responsible for creating a triple-patented web-based asset allocation portfolio management application for global institutions.
Doug holds his Master’s in applied economics from American University in Washington, D.C. He received his B.A. from Colby College in Waterville, Maine, and holds the following securities licenses: Series 7, 24, 63, 66, 86 and 87.