UBS advisors Steve Meyer (left) and Jeff Burton, accompanied by colleague Brenda Walters.

UBS financial analysts Jeff Burton and Steven Meyer are set to form the Burton-Meyer Group to better serve clients, planning to meld their areas of expertise, according to Steven Meyer. To date, Burton’s focus has been on the management side, while Meyer’s has been on the production side of the business. Both Burton and Meyer live on Daniel Island.

Burton, manager of UBS Charleston and Meyer, manager of UBS Daniel Island, will combine their strengths in management and financial advising to provide investment strategies for private and corporate clients.

Meyer recently took over as branch manager of the Daniel Island office, with Burton serving as manager of the downtown Charleston office. Meyer said that 10 brokers work in the DI branch, with about a dozen downtown.

Jeff’s success in the financial profession landed him his current management position in 2006.  Until then, he had served for more than 15 years as both an advisor and manager in Louisville, KY; Raleigh, NC; and at the Firm’s headquarters in Weehawken, NJ. A Louisville, KY native, Jeff graduated from Washington and Lee University. He and his wife, Karen, live on Daniel Island with their three children.

Steve Meyer, with UBS since 2008, has worked in Charleston as a successful financial advisor for the past twenty-seven years. He has been in the lowcountry since 1982 after graduating from East Tennessee State University. Steve and his wife, Laurie, also live on Daniel Island. Together they have three children.

The teaming of Burton and Meyer is a perfect match. Professionally, they will bring their unique strengths to the team to assure clients the best in comprehensive investment service.  Giving back to their community is a priority for both, and together they share a well earned level of respect in the Charleston area.

UBS stands for United Bank of Switzerland and became a major player in U.S. wealth management after it purchased the operations of PaineWebber and the former J.C. Bradford & Co. in 2000.

That golf cart you see driving down Seven Farms Drive? Look again, it might just be an LSV. What’s the difference? For starters, LSVs (which stands for low speed vehicles, and are also known as NEVs, or neighborhood electric vehicles) are the ones that are eligible for federal and state tax credits. LSVs have headlights, taillights, turn signals, seat belts and high quality windshields. Plus, LSVs, whose top speed is 25 mph, by law, must be registered with the state, and are, for all practical purposes, treated just like automobiles. They have a license plate, receive a VIN #, can only be driven by licensed drivers and the owner pays property taxes.

And about those tax credits? LSVs cost in the range of $7,500, so the federal tax credit (as high as $5,335) coupled with the South Carolina tax credit (another $1,067 max) makes the purchase rather enticing. Which is why LSV dealers in the area are sold out, and waiting for additional shipments.

But don’t get LSVs confused with golf carts/golf cars – golf carts don’t come with seat belts (though some folks add ‘em), aren’t eligible for the state or federal tax credit and are not treated as automobiles by the state of South Carolina. Authorities report that they’re considerably less safe than LSVs, which is why the government has not extended the tax credit benefits to them.