UBS Group Stock Price, News & Analysis

UBS Wealth Management USA's Legacy Wealth Management team, located in Melville, NY, has been recognized on Forbes' America’s Top Wealth Management Teams list for 2022. This designation highlights their capability to provide tailored financial solutions to clients, managing $1.5 billion in assets for high net worth individuals. Forbes' inaugural list features 100 teams with total assets of $288 billion, compiled by SHOOK Research through thorough quantitative and qualitative assessments.

UBS Wealth Management USA proudly announces that its FTB Financial Services team from Kenwood, Ohio, has been recognized in Forbes America's Top Wealth Management Teams for 2022, ranking #79 in the High Net Worth category. This team, led by Financial Advisor Bill McCarthy, manages $3 billion in assets for clients with a net worth between $1 million and $100 million+. Notably, it is the only team from the Greater Cincinnati area to make the list, which features teams with a cumulative $288 billion in assets.

UBS has launched a new offering for ultra high net worth clients in the US, in collaboration with Addepar and Mirador. This solution provides a consolidated, real-time view of client portfolios, incorporating traditional and non-traditional assets. UBS advisors gain enhanced analytics to visualize investment performance and assess portfolio risks. John Mathews, Head of Private Wealth Management at UBS, emphasized the need for a comprehensive portfolio overview. The initiative aims to empower clients in making informed financial decisions.

UBS Wealth Management USA announced the addition of Sara McCue as a Financial Advisor in the Desert Mountain Market, under the management of Charles Powers, at the Summerlin office. Sara has over 20 years of experience in financial services and manages $145 million in client assets for high net worth individuals. She previously worked at Merrill and has expertise in wealth management, insurance, retirement planning, and philanthropy. Sara graduated magna cum laude from Boston University and is a Chartered Financial Analyst.

UBS Private Wealth Management's team, Hollenbaugh, Rukeyser, Safro & Williams, has been named the fourth-best in the Private Wealth category by Forbes for 2022. This 17-member team manages over $6 billion in assets for ultra-high net worth clients. They focus on delivering tailored investment solutions and preserving wealth across generations. The inaugural list includes teams with cumulative assets totaling $902 billion, assessed by quantitative and qualitative data from SHOOK Research.

UBS Private Wealth Management proudly announces that Jonathan Beukelman, a Managing Director and Private Wealth Advisor in Denver, has been included in the Forbes/SHOOK Research Top 250 Wealth Advisors list for 2022. This marks his seventh consecutive year on the list, emphasizing his extensive 24 years of experience in the financial services industry. Beukelman specializes in advising ultra-high-net-worth individuals and focuses on personalized wealth management solutions. The ranking is based on rigorous qualitative and quantitative criteria.

UBS Private Wealth Management has welcomed a new advisor team, the McColl, Hunt & Nassar Wealth Management Group, in Chicago, Illinois. Led by Jim McColl, David Hunt, and Brad Nassar, the team brings over $1 billion in client assets, focusing on ultra-high-net-worth individuals and families. With decades of combined experience, the team aims to leverage their expertise to enhance UBS’s growth in the market. UBS continues to establish its presence globally, managing a diverse range of wealth management services.

Damian Vogel is set to become the new Group Chief Risk Officer at UBS in May 2023, succeeding Christian Bluhm, who is stepping down to focus on his photography and academic pursuits. Vogel, currently the CRO of UBS's Global Wealth Management, has extensive experience within the company since joining in 2010. Ralph Hamers, CEO of UBS, expressed confidence in Vogel’s ability to lead the risk function into the future. Bluhm has led the risk function since 2016 and has made significant contributions during his tenure.