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UBS Opens UHNW Office in Los Angeles

Paul A Adams Geneva 1 November 2007

UBS Opens UHNW Office in Los Angeles

UBS opened its latest Private Wealth Management office in Los Angeles, dedicated to serving the firm’s clients with assets over $10 million. The office, located on Avenue of the Stars, is part of a series of planned offices nationwide offering a comprehensive range of brokerage, trust and private banking services. The office will be managed by Wesley Jennison, a managing director. “We are very pleased to open our latest Private Wealth Management office in LA, our first on the West Coast. With this new office, we will be able to expand our ability to offer our ultra high net worth clients located in LA a holistic approach to meet their unique financial planning needs,” said John Straus, head of Private Wealth Management and chairman of the Private Bank. The firm’s first Private Wealth Management office, located on Park Avenue in New York, was opened in July 2006. With this latest opening, UBS has five dedicated Private Wealth Management offices across the US.

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