San Francisco PWM opens just weeks after the ribbon-cutting in Los Angeles. UBS has a new Private Wealth Management (PWM) office in San Francisco; its second on the West Coast and its sixth overall. The Zurich-based bank's PWM group, which has been operating since 2006, caters to clients with at least $10 million in investable assets.

Covering California

The new office is managed by Wendi Eckardt, who reports to Tony Tarrab, head of UBS' northwestern U.S. region. The office has a staff of advisors, service specialists in areas such as trust and estate planning, lending, charitable giving and traditional and alternative asset management -- and support personnel.

""We are very pleased to open our latest Private Wealth Management office in San Francisco, our second office in California," says John Straus, chairman of UBS' U.S. private bank. "This office, combined with our other location in Los Angeles, will enable us to expand our ability to offer our ultra-high-net-worth clients located on the West Coast a holistic approach to pursue their unique investment planning needs."

UBS' Los Angeles PWM office opened earlier this fall. The Swiss bank's U.S. ultra-high-net-worth business also has offices in New York, Stamford, Conn., Atlanta and Chicago. -FWR

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