UBS Global Asset Management, a division of UBS AG, has hired Kevin Granelli as a Client Advisor focusing on business development efforts in its US Financial Institutions Group. Based in New York, Granelli will focus on opportunities in the sub-advisory and financial intermediary markets, and will report to Bob McGowan, head of distribution for Financial Institutions and Corporate clients for the Americas region. "Kevin brings many years of experience in the sub-advisory and financial intermediary markets and has developed many close personal and professional relationships over the years," said McGowan. "We're excited to have him join our team as we continue to expand our relationships with our current clients and engage with new ones." Prior to joining UBS, Granelli was a Managing Director at Guggenheim Investments, where he was responsible for developing and executing business strategy and planning across the sub-advisory, variable annuity and DC segments. Previously, he was a Director at DWS Investments/Deutsche Asset Management, where he was responsible for new business development and client service. He has more than 22 years of investment experience. "I am thrilled to be joining UBS, especially due to the variety of compelling investment strategies and solutions that I'll be able to offer new clients," said Granelli. "Plus, this is an exciting and dynamic time for the marketplace, so I believe there will be many opportunities in this part of the investment world." Granelli graduated magna cum laude from Saint Peter’s College in New Jersey with a BS in Marketing, and received an MBA from the Fordham University Graduate School of Business in New York. In addition to hiring Granelli, the US Financial Institutions Group has added two team members over the past year. The new team members are Shawna Macnamara, National Account Manager, and Justine Richards, Client Service Associate. Macnamara is charged with expanding the firm’s business within major wirehouses, private banks and independent broker-dealers across a product suite that includes mutual funds, managed accounts and both registered and private alternative investments. Additionally, she acts as a key advisor to the firms’ clients, managing and expanding relationships across all asset classes.