UBS Opens Windy City Office Targeting ‘Ultra’ High-Net-Worths

Sep 25 2007 | 10:11am ET

UBS has opened a private wealth management office in Chicago dedicated to serving the needs of its clients with assets greater than $10 million.

The Chicago office is comprised of a staff of private wealth advisors, private bankers and specialists to focus on trust and estate planning, lending services, charitable giving, investment management, alternative investments and structured products.

The new office, which will be managed by Dennis Drescher, managing director, is the latest in a series of planned offices nationwide that will offer a suite of brokerage, trust and private banking services. UBS has two other private wealth management offices, one in New York and one in Stamford.

 “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 in the Chicago region a holistic approach designed to help meet their unique financial planning needs,” said John Straus, head of private wealth management.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of