The firm has been expanding its UK regional teams, with appointments including those in Scotland.

UBS Wealth Management has appointed Karan Sejpal as head of its new London high net worth team. The firm has also appointed Simon Pearson as head of North West, and Aidan Dunstan as head of North East and Yorkshire, a newly-created role.

Sejpal was formerly head of North West and Yorkshire at UBS Wealth Management.

Pearson has been working with UBS Wealth Management’s clients in the North West for the past five years. Dunstan has spent the past 13 years with UBS Wealth Management and is currently head of North East.

The firm has expanded its UK operations over the last six months, with the hires of Simeon Livesey from Coutts, Richard Wood from Barclays and Oli York from Brewin Dolphin.

“Over the past few years, we have steadily refined our offering for high net worth individuals and families to better enable them to fulfil their wealth ambitions,” said Nick Tucker, head of UK domestic. This resource commitment is bearing fruit and we take tremendous pride in achieving growth milestones like we have today. 

In February, this publication reported that UBS Wealth Management is looking to hire younger relationship managers to bolster its operations in Scotland and other regions across the UK.