UBS Group Stock Price, News & Analysis

UBS Private Wealth Management has welcomed Lauren Kinch and Andrew Baumgartner to its team in San Francisco, enhancing the capabilities of Labyrinth Wealth Advisors. This 12-member group will focus on serving ultra-high net worth clients in Silicon Valley and the Bay Area, leveraging their expertise in investment management, tax optimization, and estate planning. Both Kinch and Baumgartner bring over 25 years of experience from BNY Mellon Wealth Management. UBS aims to deliver exceptional personalized service to meet the unique financial needs of its affluent clients.

UBS Private Wealth Management has announced that David Ellis III, a Managing Director in Cincinnati, has been recognized in the Forbes/SHOOK Best-In-State Wealth Advisors list and Barron’s Top 1,200 Financial Advisors list for 2022. This marks his fifth consecutive year on the Forbes list and ninth on Barron’s. With over 30 years of experience, David oversees more than $2.3 billion in client assets, offering tailored wealth management services. His dedication to client service has earned him these prestigious accolades.

UBS has launched the US version of the UBS Climate Aware Equity Index, aimed at providing investment exposure to a low carbon economy. This rules-based strategy caters to the growing demand for eco-conscious investment products, aligning with retirement goals and mitigating climate risks. Featured in a registered index-linked annuity by Global Atlantic, the Index includes large and medium-sized US companies with a focus on climate performance. It employs a systematic approach to evaluate companies’ carbon footprints and emissions profiles, utilizing ESG scoring from a recognized market provider.

UBS Private Wealth Management has announced that Thomas Mahoney, a Private Wealth Advisor in their Los Angeles office, has been named to the Forbes Best-In-State Wealth Advisor list for 2022. With over 34 years of experience, Mahoney is recognized for his exceptional client service and expertise, particularly in managing the wealth of ultra-high-net-worth families. The Forbes list includes over 6,500 advisors managing more than $10 trillion in client assets, selected through rigorous qualitative and quantitative assessments.

Naureen Hassan will succeed Tom Naratil as President of UBS Americas effective 3 October 2022. Naratil, after a successful 39-year career, will transition his responsibilities ensuring continuity in leadership. Iqbal Khan will become the sole President of Global Wealth Management on the same date. Hassan, formerly with the Federal Reserve Bank of New York, will focus on client relationships and strategic growth, while Khan is expected to maintain global growth initiatives. CEO Ralph Hamers expressed confidence in both leaders to drive success.

UBS Private Wealth Management has announced the addition of Private Wealth Advisors Mikail Qazi and Timothy Martin in Washington, D.C.. They will manage approximately $500 million in client assets, targeting high net worth and ultra-high net worth clients. Both advisors bring extensive experience from Merrill Lynch Wealth Management, enhancing UBS's local presence and service quality. Mikail has been recognized on the Forbes Best-in-State Wealth Advisors list, while Timothy holds dual certifications as a CFP and CIMA.

UBS Wealth Management USA has announced that Gino R. Stumpo, a Financial Advisor and Managing Director in Orange County, has been ranked #9 in the High Net Worth category on the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2022. This marks his fourth consecutive year on the list, which recognizes advisors managing over $10 trillion in client assets. Stumpo is celebrated for his personalized wealth management services, helping clients with retirement planning and complex financial needs.

UBS Private Wealth Management's advisors from Montage Financial Group have been recognized in the Forbes/SHOOK Best-in-State Wealth Advisors list for 2022. Advisors Jonathan Beukelman, Michael Chudd, Mark Geist, and Jeremy Keller were acknowledged for their dedication to ultra-high net worth clients. With a focus on personalized wealth management, the firm manages assets totaling $10 trillion. This recognition highlights their commitment to comprehensive financial solutions, including estate planning and philanthropic strategies.