Terry Vaughan has joined the Canadian wealth management division of UBS as head of investment solutions.

Vaughan was most recently a partner at Toron Capital Markets Inc., and he has 12 years experience in equity research, equity selection, portfolio management, project finance and engineering. He holds a degree in engineering from McMaster University, an MBA from the University of Toronto, a CFA charter and is a Professional Engineer (Ontario).

“Terry brings with him strong leadership skills, a client centric focus and a dynamic investment style. He will be enhancing our product shelf with innovative solutions while leveraging the global strength of UBS. Our clients will benefit from the addition of Terry to our team,” said Grant Rasmussen, president and chief executive officer, UBS Bank (Canada).

UBS’ wealth management unit offers tailor-made financial solutions (such as portfolio management services and structured products) and strives to ensure that these are tax-efficient. In Canada, wealth management and investment advisory services are provided through UBS Bank (Canada) and its subsidiary UBS Investment Management Canada Inc.