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UBS is restructuring its US wealth management business, effective January 1, 2025, by dividing it into four regions alongside UBS International and the Wealth Advice Center. Key appointments include regional directors and a new advisory segment for ultra-high-net-worth clients, now including those with over $50 million in net worth. The organization aims to enhance decision-making and customer responsiveness while streamlining sales and support teams.
UBS is restructuring its US wealth management business, effective January 1, 2025, creating four regional divisions to enhance decision-making and client responsiveness. Key appointments include Chris DiMuria as Northeast Regional Director and John Mathews leading a new Private Wealth Management segment. The organization will also introduce a "UHNW Plus" client segment for those with over $50 million in assets, managed by Charles Otton.
UBS is restructuring its US wealth management business effective January 1, 2025, creating four regional divisions to enhance decision-making and client responsiveness. Key appointments include Chris DiMuria as Northeast Regional Director and John Mathews leading a new Private Wealth Management segment. The firm will also expand its Global Family & Institutional Wealth framework and streamline sales and support teams for improved efficiency.
Art Cashin, a prominent Wall Street figure and UBS director of floor operations at the New York Stock Exchange, has passed away at 83. Known for his insightful market commentary on CNBC for over 25 years and his widely read newsletter, Cashin was a beloved personality in the financial community. His career spanned more than six decades, leaving a lasting impact on investors and traders alike.
Art Cashin, a Wall Street veteran and UBS’ director of floor operations at the New York Stock Exchange, has passed away at 83. Known for his insightful market commentary on CNBC for over 25 years, Cashin was a respected figure in finance, having begun his career in 1959 and becoming a member of the NYSE in 1964. His daily newsletter, Cashin’s Comments, reached over 100,000 readers, solidifying his status as a household name among investors.
Art Cashin, a prominent Wall Street figure and UBS director of floor operations at the NYSE, has passed away at 83. Known for his insightful market commentary on CNBC for over 25 years and his popular newsletter, Cashin was a beloved personality in the financial community, remembered for his humor and expertise. His career spanned more than six decades, beginning in 1959, and he was a fixture at Bobby Van's Steakhouse, where he shared stories and market insights with friends.
UBS Arena recently hosted the third annual 3 Keys Cup charity hockey tournament, raising over $180,000 for the 43 Oak Foundation, which supports underprivileged youth in hockey. The event featured teams from nine financial institutions and highlighted the foundation's mission to promote hockey in diverse communities while providing essential resources for young athletes. Sean Grevy, the foundation's founder, expressed pride in its growth, now assisting 170 families nationwide.
Bill Carroll
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