Sunday, 1 February 2015
Last updated 1 day ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…