UBS Private Wealth Management is expanding in New York City as it welcomes a new team from Goldman Sachs. On Friday, UBS announced the addition of Regina Bronson and Alex Gitomer as managing directors and private wealth advisors, highlighting the duo's vast experience and commitment to servicing ultra-high-net-worth clients.
Joining Bronson and Gitomer are senior wealth strategy associates Christina Brown and Hilary Stock, enhancing the team's comprehensive advisory capabilities with their specialized skills in investment management solutions, trust and estate planning, and comprehensive wealth management advice.
The newly appointed team will operate out of UBS's Private Wealth Management office on 1285 Avenue of the Americas. This team expansion falls under the leadership of Kellie Brady, managing director, and the team will report to Thomas Conigatti, market director for the UBS Manhattan market.
"Regina and Alex are talented advisors that have decades of combined experience advising ultra-high-net-worth clients on the complexities of maintaining and growing wealth through generations," Conigatti said.
Brady also commended the pair's client-focused approach, expressing confidence in their ability to “provide clients with customized strategies and bespoke long-term plans that reflect the goals that matter most to them."
Bronson brings a wealth of experience from her tenure at Goldman Sachs, where she specialized in advising on investment management, trust and estate structuring, philanthropy, and lending for ultra-high-net-worth individuals, families, and organizations. Her 26-year industry record also includes stints at JPMorgan and Merrill Lynch.
With roughly 20 years of experience under his belt, Gitomer's expertise lies in customized investment advice and comprehensive wealth management solutions, honed during his decade at Goldman Sachs and previous positions at JP Morgan.
Catching up with Wall Street giants is a priority for UBS, whose expansion efforts in the US private wealth space have included recruiting a $2 billion team coming from Merrill Lynch in New Jersey.
The financial giant’s CEO has acknowledged it will be a marathon, not a sprint. In March, UBS Group chief executive Sergio Ermotti noted that the firm's US presence represents “the cost base of a much larger organization,” but doesn’t yet include “the capabilities … that allow us to fully leverage our global franchise.”
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
