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UBS Opens Fourth Private Wealth Management Office for Ultra High Net Worth Clients
UBS announced today that it has opened its fourth Private Wealth Management office in Atlanta, Georgia dedicated to serving the specialized needs of the firm's clients with assets greater than $10 million.
The office will be staffed by Private Wealth Advisors, Private Bankers and related service personnel offering a comprehensive suite of advisory, brokerage, trust and private banking services. Each of the Private Wealth Advisors has completed the firm's in-depth internal accreditation program, a rigorous educational requirement covering a range of sophisticated wealth management strategies.
The office, located at 3280 Peachtree Road in the new Terminus building, is one of Atlanta's premier addresses. The Atlanta office is part of a series of planned offices nationwide that will cater to the specific needs of ultra high net worth clients based in the US. Clients will be able to access and draw upon the expertise of Private Wealth Management Specialists that include trust and estate planners, banking and lending professionals, and alternative investment and structured products experts.
"The Atlanta market is one of the fastest growing in the country, making this a logical location for our latest Private Wealth Management office," said John Straus, Head of Private Wealth Management and Chairman of the Private Bank. "Our ultra high net worth clients in the region will now be able to access services dedicated to their unique wealth management needs from one location."
The office will be managed by Robert L. Karem Jr., Managing Director.
UBS is one of the world's leading financial firms, serving a discerning international client base. Its business, global in scale, is focused on growth. As an integrated firm, UBS creates added value for clients by drawing on the combined resources and expertise of all its businesses.
UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.
UBS is present in all major financial centers worldwide. It has offices in 50 countries, with about 39% of its employees working in the Americas, 34% in Switzerland, 16% in the rest of Europe and 11% in Asia Pacific. UBS's financial businesses employ more than 80,000 people around the world. Its shares are listed on the SWX Swiss Stock Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).
Kris Kagel : +1-212-882-5691
New York, October 8, 2007