UBS Wealth Management Americas will hire more mortgage consultants for its branch offices as it expands its offerings to high net worth clients, according to Reuters, which quoted a senior executive at the Swiss bank.

The firm plans to hire 30 to 35 mortgage consultants, Rosemary Berkery, vice chairman of UBS Wealth Management Americas and chairman of UBS Bank USA, was quoted as saying. Now, the group employs six mortgage consultants. The new hires will sell mortgages to wealthy clients, the report said.

"Given our target market is high net worth clients, they often have several homes. We know that they're in the market every five to eight years for mortgage financing," she said.

UBS, when contacted by this publication, did not immediately elaborate on the details of Berkery's comments.

Since Robert McCann was hired to head the division late last year there has been a greater focus on the lending side, with McCann publicly stating that one of his main priorities is to bulk up the division's banking products.

Berkery joined UBS in February from Merrill Lynch/Bank of America. She was a former colleague of Robert McCann, who joined UBS last year.