Displaying 181 results
Ethic raises $50 million in Series C round
UBS participated in the funding round for the provider of direct indexing, which oversees more than $2 billion in assets.
End of Wealthfront deal dents UBS growth plans in US
The acquisition of the robo-adviser was the centerpiece of UBS CEO Ralph Hamers' focus on broadening the wirehouse's wealth management offering.
UBS and Wealthfront terminate acquisition plans
Instead, UBS is purchasing a $69.7 million note that is convertible into Wealthfront shares, an investment that values the robo-adviser at $1.4 billion.
UBS duo managing $600 million bolts for Cadaret Grant
Anthony Mona and Joseph Mansoor make the switch in Birmingham, Michigan, through OSJ Spartan Wealth Management.
iCapital acquires UBS legacy alternative investment feeder fund platform
The fintech has purchased UBS Fund Advisor, the wirehouse’s legacy proprietary U.S. alternative investment manager and feeder fund platform that represents $7 billion in client assets.
Fintech Bytes: Dynasty partners with Pontera, Orion joins up with Apex
A roundup of the week's fintech news for financial advisers.
UBS duo managing $770 million goes indie with Sanctuary
The pair have opened Marble Wealth in Montgomery, Alabama, and have been joined by Adam Rogers, previously a portfolio manager at Retirement Systems of Alabama.
SEC fines J.P. Morgan, UBS, TradeStation total of $2.5 million for lax ID theft prevention
Each of the firms failed to comply with the agency's rule on identify theft red flags.
Naureen Hassan brings deep tech expertise to guide UBS digital shift
Hassan, who will succeed Tom Naratil as president of UBS Americas, has served as Morgan Stanley’s chief digital officer and led the launch of Schwab’s robo-adviser.
Tom Naratil to leave UBS
Iqbal Khan, who had served as co-president of Global Wealth Management with Naratil, was promoted to president. Naureen Hassan will succeed Naratil as president of UBS Americas.
Wirehouses ready for their ‘Empire Strikes Back’ moment on adviser fintech
Morgan Stanley revealed its fully armed and operational adviser fintech ecosystem at a recent media event in New York City.
UBS considers promoting Khan to sole wealth management head
The move would potentially position Iqbal Khan as the eventual successor to CEO Ralph Hamers.
Reslicing the profit pie at Wells Fargo
If the pie keeps growing, wirehouse brokers probably won’t mind getting a relatively smaller slice.
UBS to pay punitive damages in $1.3 million arbitration loss over options strategy
The award contains two unusual features: $500,000 in punitive damages to the clients and a two-to-one split decision among the three-person panel.
SEC orders UBS to pay $25 million over fraud involving YES options strategy
The agency said UBS reps didn't understand the complex product or whether buying it was in a client's best interests.
UBS nabs $500 million Merrill team
Mikail Qazi and Timothy Martin are joining UBS Private Wealth Management in Washington, D.C.
Investors win $975,000 in Finra arbitration involving UBS YES product
Their attorney, Jeffrey Erez, said they were misled by UBS brokers who didn't understand the risky product.
UBS duo managing $148 million go indie with Raymond James
“Skip” Parker and Harriet Parker, who operate as Four Corners Private Wealth, will open an office in Greenwich, Connecticut.
Women give more, differently, sparked by recent upheaval
New research reveals sharp generational differences as women double down on their philanthropic priorities.
UBS duo managing $220 million moves to Raymond James
Mother-and-son team in Jacksonville, Florida, will operate as Taras Wealth Management of Raymond James.
