The right moves for your financial future

Cappelen Wealth Management Group

As UBS Wealth Advisors, we understand that wealth management is more than just access to the wide range of financial services and solutions. You need those services and solutions tailored to your unique situation to help pursue your personal financial goals and dreams. We're here to help you embrace your financial future.

Family photos

Pursuing your goals together

Our mission is to provide quality strategies customized to your needs. Our goal is to be your primary source of financial advice. To this end, we concentrate our efforts on developing long-term relationships through a commitment to quality client service.

  • 289 x 273

    Russell "Rusty" Cappelen Jr.

    Senior Vice President–Wealth Management

    Wealth Advisor

    • image
    • image
    • AL
    • AZ
    • CA
    • CO
    • CT
    • DC
    • DE
    • FL
    • GA
    • HI
    • IL
    • IN
    • KY
    • MA
    • MD
    • MI
    • MT
    • NC
    • NJ
    • NV
    • NY
    • OH
    • OK
    • PA
    • RI
    • SC
    • TN
    • TX
    • UT
    • VA
    • VT
    • WA
    • WI
    • WV

    Russell (Rusty) G. Cappelen, Jr. started his career in 1984 as a Financial Advisor with Merrill Lynch. He served as the Assistant Branch Manager of the Prudential Securities Vero Beach office until he transferred to UBS in 1999, where he again served as the Assistant Branch Manager until 2010. He was named Branch Manager for the Vero Beach office and served until 2015 when he decided to devote his time entirely to his individual clients.

    Over the past 38 years he has helped clients manage their wealth and establish their legacies. He emphasizes total portfolio management and asset allocation to manage risk and maximize risk based returns. He focuses on a holistic view of the client’s life to help them make the most of their retirement years. He also helps clients with education funding, structures for charitable giving and estate planning, as well as long-term care planning.

    He is FINRA registered and holds the Series 3, 7, 8, 63 and 65 securities licenses, as well as the Florida Life, Health and Variable Annuity insurance license.

    He is a graduate of the University of Florida and a lifelong resident of Vero Beach. He and his wife Franny have three sons, one of whom now works with him as a partner, along with two granddaughters and two grandsons. In his free time he enjoys playing golf and spending time with his grandchildren.

    California Insurance License: 0C50193

      • University of Florida
      • Wealth Advisor
      Securities-backed lending
      Financial planning
      Education planning
      Legacy planning
      Long-term care planning
      Retirement planning
      Estate planning strategies
      Asset allocation
      1701 Highway A1A
      Suite 101
      Vero Beach, FL 32963
      russell.cappelen@ubs.com
      Russell "Rusty" Cappelen Jr.
      1701 Highway A1A,Vero Beach,FL,32963
    • 2022

      Diane Nelson

      Wealth Management Associate

      • image
      • image
      • FL
      • NY

      Diane P. Nelson started her career in 1995 at Prudential Securities in Vero Beach, Florida after moving from New Jersey a few years earlier. She left Prudential in 1999 as part of the team move to UBS and in 2022 she will celebrate her 27th anniversary with the team and 23rd anniversary at UBS. Diane is an integral part of the Cappelen Wealth Management Group, responsible for managing all team operations, client requests and account administration. She is committed to building lasting relationships with each client and takes pride in responding to client requests and working with the team to address their needs, no matter how small or complex. Diane also assists in delivering customized service and solutions, always striving to exceed clients’ expectations.

      Diane is FINRA registered and holds the Series 7 and Series 66 Securities licenses as well as the Florida Life, Health and Variable Annuity insurance license.

      Diane is a graduate of Bloomsburg University of Pennsylvania and in her free time enjoys reading, hiking, going to the movies and photography. She is a member of the United States Parachute Association and can often be found taking pictures of skydivers at various events on the east coast of Florida as well as events in other parts of the country.

        • Bloomsburg University of Pennsylvania, Bachelor of Arts : 1982 - 1986
          1701 Highway A1A
          Suite 101
          Vero Beach, FL 32963
          diane.p.nelson@ubs.com
          Diane Nelson
          1701 Highway A1A,Vero Beach,FL,32963
        Three generations in apple orchard

        Turn possibilities into a plan

        House View Monthly

        Mountain climbers on peak at sunrise

        A leading global wealth manager

        White House

        ElectionWatch 2024

        24 questions for the '24 US election

        Election day is fast approaching and the outcome could impact your portfolio. Connect with us for election insights and investment strategies that may be right for you.

        The latest ElectionWatch report from our Chief Investment Office answers 24 of investors' frequently asked questions. Covering a range of concerns from taxes and inflation to investment considerations and monetary policy, this report can help inform your decisions regardless of the election's outcome.

        Download the report

        A leader in wealth management

        Backed by the strength of our parent company, UBS AG

        $5.9+ trn

        UBS Group invested assets
        As of 06/30/2024

        51 countries

        Our global footprint

        Global leader

        UBS is a leading and truly global wealth manager

        Insights