Abbot Downing, the ultra-high-net-worth wealth management business of Wells Fargo, is ramping up its resources in Chicago. The firm has hired a former partner of William Blair & Co, a global investment banking and asset management firm, as a relationship manager and wealth planning strategist in its Chicago office, Abbot Downing announced Monday.

Michael Lee will join a team of more than a dozen professionals providing planning and family dynamic services, asset management, private banking, trust, fiduciary and administrative services, the firm said in a statement. He will provide content expertise in the areas of tax and estate planning directly to clients and work with Abbot Downing’s Planning and Dynamics team.

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