Awards for Excellence 2016
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Also shortlisted: |
JPMorgan Private Bank |
Julius Baer |
UBS Wealth Management and UBS Wealth Management Americas together manage some $2 trillion in assets. Combined, the businesses contribute 70% to the group’s total revenues and more than that in profits.
With the business of advising the world’s wealthy firmly front and centre, it is no wonder UBS leads the industry in its provision of investment advice and client experience. The net inflows of new clients and the increasing share of current clients’ wallet is testament to that. In the first quarter of this year, the two businesses had their highest growth in net new money since 2008, taking in a combined $29 billion.
In wealth management, net new money talks.
Under the leadership of Jürg Zeltner, president of UBS Wealth Management, and Tom Naratil, president of Wealth Management Americas, the firm has changed the wealth management industry by putting advice at the forefront of its model. It is the only wealth manager to have a global chief investment office, which provides clients in every country with a house view daily, weekly, monthly and annually.