Based in New Jersey, Brooks will report to Michael Barry, head of business.

In his new role, Brooks will focus on driving corporate client sales and helping to develop the firm's presence in the equity compensation industry, UBS said in a statement.

Brooks has more than 15 years of experience in the equity compensation industry, having worked at E*TRADE and Morgan Stanley. Whilst at E*TRADE, he led the Eastern US client management organization and oversaw efforts to ensure significant increase in service quality, satisfaction and retention of corporate clients.