UBS Opens First U.S. Office For Uber-Wealthy Clients

Jul 21 2006 | 5:40pm ET

UBS has opened its first U.S. office catering exclusively to ultra-high net-worth clients. Frank Minerva, an 18-year UBS vet who most recently managed the firm's Midtown branch, will lead the new office, which is located in the firm's New York headquarters just north of Grand Central Terminal.

He will manage a team of 13 private wealth advisors and three private bankers.

"Successfully meeting the needs of these clients is a crucial component of our growth strategy in the U.S.," explained Marten Hoekstra, who heads UBS Wealth Management U.S. The office at 299 Park Avenue is the first of what UBS says will be a string of U.S. offices.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note