Strategy
UBS Opens Second Office for UHNW Clients in US

UBS has opened its second Private Wealth Management office dedicated to serving the firm’s ultra high net worth clients in the US. The new office is located in Stamford, Connecticut. The new office will be managed by Joseph Hubbell, director, reporting to Frank Minerva, managing director and head of the Private Wealth Management office at the Park Avenue office in New York that was opened in July 2006. “Through the opening of this new office, we are pleased to be able to expand our ability to offer our ultra high net worth clients a holistic approach to meet their unique financial planning needs,” said John Straus, head of Private Wealth Management and chairman of the Private Bank. UBS plans to open a series of offices nationwide that will offer a comprehensive suite of brokerage, trust and private banking services, according to a statement.