Welcome to our dedicated page for UBS Group news (Ticker: UBS), a resource for investors and traders seeking the latest updates and insights on UBS Group stock.
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 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.
UBS has launched a new offering for ultra high net worth clients in the US, in collaboration with Addepar and Mirador. This solution provides a consolidated, real-time view of client portfolios, incorporating traditional and non-traditional assets. UBS advisors gain enhanced analytics to visualize investment performance and assess portfolio risks. John Mathews, Head of Private Wealth Management at UBS, emphasized the need for a comprehensive portfolio overview. The initiative aims to empower clients in making informed financial decisions.
UBS Wealth Management USA announced the addition of Sara McCue as a Financial Advisor in the Desert Mountain Market, under the management of Charles Powers, at the Summerlin office. Sara has over 20 years of experience in financial services and manages $145 million in client assets for high net worth individuals. She previously worked at Merrill and has expertise in wealth management, insurance, retirement planning, and philanthropy. Sara graduated magna cum laude from Boston University and is a Chartered Financial Analyst.
UBS Private Wealth Management's team, Hollenbaugh, Rukeyser, Safro & Williams, has been named the fourth-best in the Private Wealth category by Forbes for 2022. This 17-member team manages over $6 billion in assets for ultra-high net worth clients. They focus on delivering tailored investment solutions and preserving wealth across generations. The inaugural list includes teams with cumulative assets totaling $902 billion, assessed by quantitative and qualitative data from SHOOK Research.
UBS Private Wealth Management proudly announces that Jonathan Beukelman, a Managing Director and Private Wealth Advisor in Denver, has been included in the Forbes/SHOOK Research Top 250 Wealth Advisors list for 2022. This marks his seventh consecutive year on the list, emphasizing his extensive 24 years of experience in the financial services industry. Beukelman specializes in advising ultra-high-net-worth individuals and focuses on personalized wealth management solutions. The ranking is based on rigorous qualitative and quantitative criteria.
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