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UBS Group AG (symbol: UBS) is a multinational investment bank and financial services company based in Switzerland, with co-headquarters in Zürich and Basel. As the largest Swiss banking institution and the world's largest private bank, UBS maintains a robust presence in major financial centers globally.
The company excels in global wealth management, focusing on high and ultra-high-net-worth individuals. Its Swiss operations include traditional retail and commercial banking. UBS also leverages its investment bank and asset management arms to support its wealth management services, providing comprehensive solutions to third-party clients.
UBS's recent achievements include substantial investments in innovative technology ventures. Notably, UBS Next, the group's venture and innovation unit, recently invested in Synthesized Ltd, a data generation and provisioning platform. This partnership aims to enhance data management and security using advanced machine learning and automation technologies.
UBS's diversified offerings and strategic partnerships ensure cutting-edge services, catering to a broad clientele ranging from private individuals to large corporate entities. As of the fourth quarter of 2023, UBS manages an impressive USD 5.7 trillion in invested assets, further solidifying its status as a global financial powerhouse.
UBS shares are publicly traded on the SIX Swiss Exchange and the New York Stock Exchange (NYSE), reflecting the company's significant role in the international financial market.
UBS Wealth Management USA has announced that its Highbridge Wealth Management team from Plano, Texas, has been recognized in the Forbes Best-In-State Wealth Management Teams list for 2023. This accolade highlights the team's dedication to delivering a personalized wealth management experience. The list features over 2,800 teams managing approximately $4 trillion in assets, evaluated through a combination of qualitative and quantitative metrics by SHOOK Research. Team members Mark Kever and Shawn Nicholas have previous accolades on industry rankings like Forbes Best-in-State Wealth Advisors.
UBS has announced that 16 advisor teams from its Philadelphia D.C. wealth management market have been recognized on the Forbes Best-in-State Wealth Management Teams list for 2023. This prestigious acknowledgment highlights the firm’s commitment to delivering superior financial services. Among the teams, Wickham Cash Partners was notably ranked #1 in North Carolina. The ranking is derived from a rigorous assessment by SHOOK Research, encompassing over 2,800 teams managing around $4 trillion in assets. UBS continues to demonstrate its industry leadership through such accolades.
UBS Private Wealth Management has announced that The Matthews Group in Bellevue, WA, has been ranked as the top team in Washington on the Forbes Best-In-State Wealth Management Teams list for 2023. They also featured on Forbes America's Top Wealth Management Teams, Private Wealth list for 2022. The team manages $2 billion in investable assets, focusing on ultra-high net worth individuals and business owners. The 2023 list includes over 2,800 teams and cumulative assets of approximately $4 trillion. This recognition reflects their commitment to client success and leveraging UBS’s extensive resources.
UBS Private Wealth Management has announced that Sonny Gulati, a Managing Director in the Palo Alto office, has been recognized on the Forbes/SHOOK Best-In-State Wealth Advisors list for 2022, marking his fourth consecutive year on the list. With over 30 years of experience in financial services, Gulati and his team, The Gulati Group, specialize in wealth management for high-net-worth clients. The Forbes list ranks over 6,500 advisors managing approximately $10 trillion in assets, evaluated through qualitative and quantitative criteria.
UBS Wealth Management announced the addition of Financial Advisor Marcus van der Meulen to its Tampa office, focusing on ultra-high-net-worth clients. His role aims to enhance financial planning and investment services in a rapidly growing market. Reporting to Gregory Kadet, van der Meulen brings over a decade of experience from J.P. Morgan and Morgan Stanley. With Tampa's affluent growth, this strategic hire is expected to strengthen UBS's client offerings in the region.
UBS Wealth Management USA announced that its Bel-Air Wealth Management team has been ranked 55th in the High Net Worth Category on Forbes America’s Top Wealth Management Teams list for 2022. The team manages a total of $1.7 billion in client assets and specializes in wealth planning and investment management. Team members have received previous accolades such as Barron's Top 1,200 Financial Advisors. The Forbes list included 100 teams managing a cumulative $288 billion, highlighting the team's dedication to delivering personalized financial solutions.
UBS Wealth Management USA has welcomed Financial Advisor Garth Allan and Senior Registered Client Service Associate Catherine Rusk to its Newport Beach office. Garth Allan, with over 15 years in the financial industry, specializes in personalized investment planning for high net worth clients. Previously at Wells Fargo, he holds designations including AAMS and RMA. Catherine, with a decade of experience working alongside Garth, is committed to exceptional customer service. Both aim to enhance UBS's offerings, reflecting the firm's dedication to quality financial advice.
UBS Wealth Management USA's Legacy Wealth Management team, located in Melville, NY, has been recognized on Forbes' America’s Top Wealth Management Teams list for 2022. This designation highlights their capability to provide tailored financial solutions to clients, managing $1.5 billion in assets for high net worth individuals. Forbes' inaugural list features 100 teams with total assets of $288 billion, compiled by SHOOK Research through thorough quantitative and qualitative assessments.
UBS Wealth Management USA proudly announces that its FTB Financial Services team from Kenwood, Ohio, has been recognized in Forbes America's Top Wealth Management Teams for 2022, ranking #79 in the High Net Worth category. This team, led by Financial Advisor Bill McCarthy, manages $3 billion in assets for clients with a net worth between $1 million and $100 million+. Notably, it is the only team from the Greater Cincinnati area to make the list, which features teams with a cumulative $288 billion in assets.
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