Ubs Financial Services Inc. is a large advisory firm based in Weehawken. It manages $496.03 billion of regulatory assets for 957,738 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 46 other states.
Ubs Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, security ratings or pricing services, and educational seminars and workshops. It prepares financial plans for approximately 1,990 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ubs Financial Services Inc. is $496.03 billion. The firm's AUM has grown by 574% since the beginning of its operation, and $7.63 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ubs Financial Services Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Jason Richard Chandler is high net worth individuals with 545,177 clients and $286.52 billion of assets under management. Among the 11 most similar advisory firms, Ubs Financial Services has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $495.75 billion for 978,604 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Ubs Financial Services doesn't advise any private funds.
The company employs 13,335 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 10,409 employees are registered as investment adviser representatives with the state securities authorities.
There are 374 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Jason Richard Chandler has been acting as President since 1 Mar 2014. Thomas A. Giacalone joined the executive team most recently as the Principal Operations Officer.
The principal office where Ubs Financial Services Inc. performs its advisory services is located at 1200 Harbor Boulevard, Weehawken, NJ 07086 The mailing address of the firm is 1000 Harbor Blvd., 8 Th Floor, Weehawken, NJ 07086. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-352-3000. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at financialservicesinc.ubs.com and its LinkedIn profile.