UBS in London has lost five more senior client advisors, WealthBriefing has learnt.

Amanda Lyons and executive director Philip Stevens, who work as a team, have resigned and are moving to Rothschild.

The pair are joining as client directors later this year, Rothschild has confirmed. They will be UK based and will report to Gary Powell, chief executive.

Tiffany Troxel, a lead producer at UBS in London, has also resigned. Ms Troxel is joining Merrill Lynch in London as a senior client advisor, reporting to Nick Tucker. She is believed to be amongst the top five producers at UBS in the UK.

Senior advisor, Mark Chamberlin is moving to Credit Suisse where he will be a director. Mr Chamberlin was previously at Investec and Insingers.

Francoise Marcus has also resigned and is thought to be joining David Scott’s start-up wealth manager Vestra Wealth. Ms Marcus previously worked at JP Morgan Private Bank.

Both Mr Chamberlin and Ms Marcus reported to Jeremy Eakins in the high net worth group and joined UBS in 2004.

Speaking generally, John Pottage, head of UBS Wealth Management in the UK told WealthBriefing:

"It is entirely normal to see a peak in client advisor departures at this time of year following bonus season. While we always regret losing good people, UBS Wealth Management continues to attract and hire client advisors in all markets. With our unique focus on Wealth Management UBS is confident that it will remain an employer of choice, not least because we foster a culture that consistently rewards good performance and success.

“UBS Wealth Management’s strategy remains unchanged and we continue to progress with our strong ambitions for the UK, a key and growing market that offers massive opportunities for the firm and for our employees.  UBS Wealth Management, named the UK’s best private bank, has around £37 billion in invested assets and more than 300 client advisors. Year-on-year, UBS Wealth Management in the UK has seen strong increases in financial performance, invested assets and client advisors."

“It is important to reiterate that despite difficult markets no other bank is as committed to wealth management as UBS, as it is our core business offering."