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

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR