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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...