UBS has hired Anibal Drelichman as a Financial Advisor in Washington, D.C., enhancing its wealth management team. With nearly 30 years of experience, including roles at RBC Wealth Management and a background in law, he will provide comprehensive wealth planning and investment management services. Drelichman will work alongside Client Service Associate Fatema Sarker, reporting to Market Director Brendan Graham and Market Executive Julie Fox.
Britain's wealthy are facing significant tax hikes following the Labour government's budget, which abolishes the non-dom regime and imposes new levies on private equity, second homes, and private jets. Finance Minister Rachel Reeves argues these measures are necessary for financial stability, but many affluent individuals are planning to leave the U.K., fearing a wealth exodus. Lobby groups warn that jurisdictions like Italy and Dubai are poised to attract the departing super-rich.
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