Five UBS Advisor Teams in Arizona Named to the Forbes Best-In-State Wealth Management Teams List

Rhea-AI Summary

UBS Wealth Management USA announced that five of its financial advisor teams in Arizona have been recognized in the Forbes Best-In-State Wealth Management Teams list for 2023. Among the teams, The Schultz Group is ranked #2, while The Biltmore Financial Group and The Choy Group hold positions #15 and #38, respectively, in Phoenix. In Tucson, Rottenstein Wealth Management ranks #39 and the Mitchell/Abdy Team ranks #44. This list features over 2,800 teams managing approximately $4 trillion in client assets, determined by SHOOK Research using various evaluation criteria.

Positive

• Recognition of five advisor teams in Arizona enhances brand reputation.
• Teams collectively manage significant assets under management, reflecting strong client trust.

Negative

• None.

PHOENIX--(BUSINESS WIRE)-- UBS Wealth Management USA announced today that five of the firm’s financial advisor teams in Arizona have been named to the Forbes Best-In-State Wealth Management Teams list for 2023. Three of the five teams are based in Phoenix, and two are in Tucson.

"Our advisor teams develop lasting relationships with clients by listening to and understanding their priorities and concerns, and then working to develop comprehensive financial plans that support their individual needs and goals,” said Shawn Bernhard, Arizona Market Director at UBS Wealth Management USA. “We are proud that our advisor teams here in Arizona, as well as many others across the US, have received this prestigious industry recognition."

The advisor teams in the UBS Phoenix office named to the list are:

The Schultz Group, ranked at #2 in the state, includes Steven Schultz, Stockton Schultz, Justin Low, Nathan G. Laidig, and Joseph F. Varga. A multi-generational team, The Schultz Group is committed to this generation and the next as they specialize in working with families for retirement planning, sustainable investing, and legacy planning.

The Biltmore Financial Group, listed at #15, is comprised of Michael Bell, T. Ryan Moore, and Geoff Moore. They take a team approach, focused on personalized service to provide goal-based planning and investment management for multi-generational families.

The Choy Group, #38, includes brothers Peter and Michael Choy. The Choy Group concentrates on developing long-term relationships through a commitment to quality client service to become their clients’ primary source of financial advice.

The advisor teams in the UBS Tucson office named to the list are:

Rottenstein Wealth Management and Consulting, #39 in the state, is composed of Myron Rottenstein and Aaron Rottenstein, a father-son team. Of the more than 6,000 UBS advisors in the United States, Aaron and Myron are among the select few who have been admitted into the UBS Institutional Consulting Group, empowering them both to work with some of UBS's largest and most sophisticated clients as fiduciaries.

Mitchell/Abdy Team, #44, is made up of Jonathan Mitchell and Nicolas Abdy, who partner with their clients to help them grow, preserve and pass on their wealth.

In addition, Ethos Wealth Advisors, which includes Phoenix-based advisor Jeoffrey Wasson, was ranked the top team in Nevada. West Coast Wealth Management, which includes Scottsdale-based advisor Owen Sweeney, was ranked #23 in Washington.

The 2023 Forbes Best-In-State Wealth Management Teams list is comprised of more than 2,800 teams across the country who collectively manage approximately $4 trillion in client assets. The ranking, developed by SHOOK Research, is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including assets under management and revenue generated for their firms.

For the full list and further information, visit: https://www.forbes.com/lists/wealth-management-teams-best-in-state/

Notes to Editors

About UBS
UBS convenes the global ecosystem for investing, where people and ideas are connected and opportunities brought to life, and provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as to private clients in Switzerland. UBS offers investment solutions, products and impactful thought leadership, is the leading global wealth manager, provides large-scale and diversified asset management, focused investment banking capabilities, and personal and corporate banking services in Switzerland. The firm focuses on businesses that have a strong competitive position in their target markets, are capital efficient and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people worldwide. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

https://www.ubs.com

© UBS 2023. All rights reserved. The key symbol and UBS are among the registered and unregistered trademarks of UBS. Although neither UBS Financial Services Inc. or its employees pay a fee in exchange for these ratings, UBS may hire RJ Shook to be a speaker for events. Past performance is not an indication of future results. For press use only.

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Media Contact:

Beth Walsh

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beth@clearpointagency.com

Source: UBS

FAQ

What teams from UBS were recognized in the Forbes Best-In-State list for 2023?

Five UBS financial advisor teams from Arizona were recognized, including The Schultz Group, The Biltmore Financial Group, The Choy Group, Rottenstein Wealth Management, and the Mitchell/Abdy Team.

What is the significance of UBS's financial advisor teams being on the Forbes list?

Being listed among the Forbes Best-In-State Wealth Management Teams enhances UBS's reputation and showcases the expertise and client management capabilities of its advisors.

How much client assets do the recognized UBS teams manage?

The recognized teams collectively manage approximately $4 trillion in client assets.

Who ranked the UBS advisor teams in Arizona?

The rankings were developed by SHOOK Research based on various evaluation criteria.

What is the ranking of The Schultz Group among UBS teams in Arizona?

The Schultz Group was ranked #2 in Arizona.