UBS has appointed John Straus as head of private wealth management, the group within UBS Wealth Management U.S. division.
In his new role, Straus is responsible for the strategic direction and management of the group, including expanding the firm’s ultra-high net worth platform.
Straus reports to Marten Hoekstra, Head of UBS Wealth Management U.S.
Most recently, Straus served as managing director and head of U.S. private banks at J.P. Morgan Chase. Prior to his position there, he held various senior management positions at Morgan Stanley Dean Witter & Co., including head of U.S. private wealth management.