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UBS appoints Michael Mimick to lead Midwest Wealth Management Market
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
UBS Wealth Management USA has appointed Mike Mimick as the new Market Executive for its Midwest Market, overseeing operations across several states, including Minnesota and Nebraska. With 18 years at UBS and extensive leadership experience, Mike has proven himself as a key player in the firm’s growth in the region. His track record includes leading advisors in multiple states and receiving the Leadership Council award five times. Jennifer Povlitz, UBS Division Director, expressed confidence in Mike’s leadership, emphasizing commitment to clients and advisors in delivering comprehensive services.
Positive
Mike Mimick brings 18 years of experience with UBS, providing continuity in leadership.
Mike's track record includes multiple awards for leadership, indicating strong performance.
His appointment may strengthen UBS's presence in the Midwest Market, which is crucial for growth.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Today, UBS Wealth Management USA announced Mike Mimick has been appointed Market Executive for the firm’s Midwest Market. Mike will be responsible for leading UBS’s wealth management business and Financial Advisors based in Minnesota, Nebraska, Missouri, Oklahoma, Kansas, Wisconsin, Iowa, South Dakota and North Dakota.
Mike has been with UBS for 18 years and has been a Field Leader since 2007. Prior to his current role, he was responsible for leading the firm’s advisors in Nebraska, Kansas, Missouri and Oklahoma. Mike has also been a five-time Leadership Council award winner, an honor given annually to UBS’s top talent in its Wealth Management division.
“Mike is dedicated to the Midwest Market and has been a driving force in growing our presence in this important region,” said Jennifer Povlitz, UBS Division Director. “We are committed to being the firm of choice for our clients and our advisors, and I’m confident that under Mike’s leadership, our advisors will effectively deliver the full breadth of UBS’s capabilities for our clients in the market.”
Mike has more than 32 years of industry experience. Prior to joining UBS, he held various leadership positions within the financial services industry. Mike graduated from the University of Nebraska at Omaha with a Bachelor of Science in Finance and Banking. He also holds the Certified Investment Management Analyst® (CIMA®) designation through the Investment & Wealth Institute and The Wharton School of the University of Pennsylvania.
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, 29% in Switzerland, 20% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
