UBS Group Stock Price, News & Analysis

UBS Wealth Management USA announced that financial advisors Paul Wexler, Matthew Kroin, and Brian Lacks were named to the Forbes/SHOOK Research Best-in-State Wealth Advisors list for 2021. With over 80 years of combined experience, the trio serves high-net-worth families, helping them achieve their investment goals. This recognition highlights their commitment to client service and expert financial advice. Notably, Wexler has received this honor for the fourth consecutive year, Kroin for the third, and Lacks for the second.

UBS Investment Bank has announced coupon payments for five ETRACS Exchange Traded Notes (ETNs) traded on NYSE Arca. The announced coupons include amounts for HDLB, SMHB, PFFL, CEFD, and MVRL with various Valuation, Ex-Dates, Record Dates, and Payment Dates. The coupon amounts range from $0.1148 for HDLB to $0.2669 for CEFD, with current yields between 8.85% and 11.78%. Investors should note the inherent risks associated with these ETNs, including potential loss of principal.

UBS Private Wealth Management has welcomed a new team in San Francisco, comprising John “JT” Davenport, Angela Colombani, and Sean Livingston, who bring over 50 years of combined experience. They previously worked at J.P. Morgan Private Bank, managing $10.5 billion in client assets. The team, which also includes several associates, specializes in advising ultra-high-net-worth families, particularly in technology and healthcare sectors. UBS is optimistic about the team's integration, which aims to enhance client services and business growth in the region.

UBS Wealth Management USA announced that three financial advisors from South Florida have been recognized in Barron's Top 1,200 Financial Advisors list for 2021. Chris G. Garvin, Andrew James Plum, and J. Thomas Smith are celebrated for their expertise in wealth management. UBS emphasizes the importance of their dedication to affluent clients, with the advisors managing an average of $3 billion in client assets each. The average client holds $14 million to invest, demonstrating high retention rates and notable industry recognition.

UBS Private Wealth Management has announced that Thomas Mahoney, a Private Wealth Advisor in Los Angeles, has been recognized on the 2021 Forbes/SHOOK Research Best-in-State Wealth Advisors list. Mahoney, with over 34 years of experience, is praised for his expert financial advice and client relationships. The Forbes list comprises over 5,000 advisors managing more than $6 trillion in assets, selected based on various qualitative and quantitative metrics. UBS continues to be a leading global wealth manager, offering a wide range of financial services.

UBS Wealth Management USA has announced that two of its Financial Advisors from San Diego, Courtney Liddy and Kalyn Maher Walker, have been recognized in the Forbes/SHOOK Research Top Women Wealth Advisors list for 2021. Liddy ranked #59 out of 1,000 women advisors and has been acknowledged since 2019 for providing expert financial advice. Walker has also been listed since 2019, focusing on multigenerational wealth planning. This recognition reflects their dedication to client service and expert financial advisory.

UBS Investment Bank announced coupon payments for the ETRACS Alerian MLP Index ETN Series B (NYSE Arca: AMUB). The coupon amount is set at $0.2083, with a current yield of 6.84% annualized. Key dates include the coupon valuation date on May 17, 2021, ex-date on May 27, 2021, record date on May 28, 2021, and payment date on June 8, 2021. Investors are reminded that ETNs carry risks, including potential loss of principal and are not guaranteed any distribution amounts.

UBS Private Wealth Management has welcomed Financial Advisors John Farrell and Joel East to its Fort Worth, Texas office. Previously with J.P. Morgan’s Private Bank, they manage $1.8 billion in client assets, focusing on ultra-high net worth individuals. Paige Hicks, Fort Worth Branch Manager, expressed enthusiasm for their addition, highlighting their client-centric approach. John has 10 years of experience in various roles, while Joel brings 15 years of expertise in investments and portfolio management. This strategic move aims to enhance UBS's offerings in a key market.