UBP anticipates a return of inflation by 2025, with global economic growth projected at 3.1%. While the US economy is expected to benefit from strong private consumption and fiscal measures, inflationary pressures may arise from wage increases and tariffs. In Europe, growth will be uneven, with southern countries leading, while Switzerland is forecasted to grow at 1.3%.
UBS Private Wealth Management has welcomed the financial advisor team AMD Wealth Partners, led by Ary Velasco, Michael von Borsig, and David Cardenas, to its Miami office. The team, with nearly 80 years of combined experience, previously managed over $1.4 billion in client assets and is committed to providing personalized financial solutions. Velasco, with nearly four decades in the industry, and von Borsig, with two decades of experience, bring extensive expertise from prestigious firms, enhancing UBS's offerings in the region.
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