UBS Private Wealth Management Adds Experienced Advisors to Kenwood, Ohio Office

Rhea-AI Summary

UBS Private Wealth Management has expanded its Kenwood, Ohio office by welcoming Allen Zaring and Tim Bayer from J.P. Morgan Private Bank to the Families & Foundations Investment Group. This new team aims to provide comprehensive wealth management solutions to multigenerational families and institutions. Their services include family office formation, liquidity planning, investment management, and philanthropic financing.

Jon Ramey and Michael Gatewood emphasized the significance of this addition for enhancing client service through specialized investment management approaches.

Positive

• Introduction of a new team enhances UBS's service offerings in Ohio.
• The team brings extensive experience in wealth management for multigenerational families.
• Specific focus on family office formation and philanthropic initiatives caters to high-net-worth individuals and organizations.

Negative

• None.

UBS Private Wealth Management announced the addition of a new team in the Kenwood, Ohio office. Allen Zaring and Tim Bayer of the Families & Foundations Investment Group join UBS Private Wealth Management from J.P. Morgan Private Bank, bringing to the firm their deep experience serving sophisticated, multigenerational families and institutions.

Allen Zaring, Families & Foundations Investment Group, UBS Financial Services (Photo: Business Wire)

The Families & Foundations Investment Group will advise successful private business owners and founders on family office formation through pre- and post-transaction liquidity planning, asset management, next generation investment education and the financing of philanthropic initiatives. The team will also perform investment management services for private and family foundations and nonprofit organizations.

“Allen and Tim bring their specialized talents and a wealth of knowledge and experience to a growing area of importance in the region,” said Jon Ramey, Ohio Indy Market Head, UBS Wealth Management USA. “They will provide our clients and prospective clients with bespoke solutions and thoughtful advice that addresses their often complex wealth management needs.”

“On behalf of UBS, we are excited to welcome the Families & Foundations Investment Group to the firm,” said Michael Gatewood, Chicago Market Head, UBS Private Wealth Management. “Together, they represent a high-quality team that can advise clients on the full spectrum of investment management solutions while drawing from the global resources of UBS.”

Allen Zaring joins as Managing Director and has more than 20 years of experience working with a diverse group of successful families worldwide. Most recently, at J.P. Morgan Private Bank, he focused on transactional liquidity events, family office formations, philanthropic initiatives and investment management for regional nonprofit organizations. Prior to that, he served as Chief Operating Officer, Head of Risk Analytics at a London-based hedge fund. Zaring will be responsible for managing relationships with ultra-high net worth clients, family offices and regional endowments and foundations. He holds a bachelor’s of science degree from Babson College and is a graduate of the Owner/President Management program at Harvard Business School. Zaring currently serves on the board of directors for the Cincinnati Public Library and the Harvard Business School Club of Cincinnati.

Tim Bayer joins as Vice President after spending the last decade as a global investment strategist for J.P. Morgan Private Bank. He has advised some of the country’s most prominent families, generational family offices, private business owners, entrepreneurs, financial professionals and professional athletes. In working with this distinct level of global wealth, Tim strategically managed personal balance sheets and complex investment portfolios. He also worked closely with endowments and foundations in a variety of ways to help them fulfill their missions. Bayer’s goal is to implemen

FAQ

What recent changes occurred at UBS in Kenwood, Ohio?

UBS Private Wealth Management added a new team, the Families & Foundations Investment Group, including Allen Zaring and Tim Bayer from J.P. Morgan Private Bank.

Who are Allen Zaring and Tim Bayer in relation to UBS?

Allen Zaring is the Managing Director with over 20 years of experience, and Tim Bayer is the Vice President, both focusing on wealth management for affluent families.

What services will the Families & Foundations Investment Group provide?

The group will offer family office formation, liquidity planning, investment management, and philanthropic financing.

How does the new team impact UBS's wealth management capabilities?

The new team enhances UBS's ability to serve sophisticated clientele with tailored wealth management solutions.