UBS Adds $6.5 Billion Southern California Team

Editorial Staff

8 February 2021

UBS Private Wealth Management in Los Angeles has recruited a seven-person team - “The Legacy Multi-Family Group” - based in Century City.

The team, led by Patrick Schaffer and Ryan Bristol, have joined UBS following nine years at JP Morgan Private Bank, where they built a $6.5 billion business focusing on high net worth families, individuals, foundations, and privately held businesses. The team includes financial advisors Barry Peterson, Corey Mazza and Dhanesh Bharvani, relationship manager Basel Sbeini, and senior wealth strategy associate Shauna Kohanchi.

Prior to his career in wealth management, Schaffer worked for JP Morgan’s investment bank and two hedge funds. He is also an adjunct faculty member at Villanova University, where he teaches finance and accounting. He holds a BA from Johns Hopkins University, an MS from Villanova University, and has earned the Chartered Financial Analyst designation from the CFA Institute.

Bristol worked at Goldman Sachs, Morgan Stanley, and Bernstein Global Wealth Management’s private client practice before joining JP Morgan Private Bank in 2011. He has served on numerous boards including the American Red Cross in Ventura County, the Dean's Advisory Council for the Orfalea College of Business at Cal Poly, ACG101 and as chair of the Investment Review Committee for the City of Thousand Oaks.

Peterson joined the JP 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.

Mazza has worked in private wealth management at both JP Morgan and Goldman Sachs. He earned a BA from Harvard University, an MBA from the University of Texas at Austin McCombs School of Management, and an MS in financial planning from California Lutheran University. He served for just under six years in the United States Marine Corps as an infantry officer prior to his career in financial services.

Dhanesh Bharvani started his career with JP Morgan in Singapore where he worked in the Non-Resident India team. He moved to Los Angeles in 2016 to join JP Morgan Private Bank. He is originally from Hong Kong and has worked with clients across multiple geographies.