Ubs Financial Services Inc. (Weehawken)

Name: Ubs Financial Services Inc.
Address: 1200 Harbor Boulevard, Weehawken, NJ, 07086
Telephone: 201-352-3000

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.

Ubs Financial Services: assets under management

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 firm manages $225.78 billion in discretionary accounts and $270.25 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $451.49 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $590.51 thousand.

Ubs Financial Services has custody of $422.08 billion in cash and securities for 975,083 clients in total and acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 42% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jason Richard Chandler serves?

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.

Careers at Ubs Financial Services Inc.

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Hillel Silver	Director, executive vice president	1 Feb 1990	Other	2053021
Herbert F Iii Janick	General counsel, executive vice president	1 Jun 1995	Other	2657544
Diane Frimmel	Coo, executive vice president	1 May 1997	Other	2053020
Arthur James Huff	Crop	1 Oct 1997	Other	868641
Geraldine L Banyai	Corporate secretary	1 Mar 1999	Other	2369769
Geraldine Grace Banyai	Corporate secretary	1 Mar 1999	Other	2369769
Ubs Americas Inc.	Owner	1 Nov 2000	75% - 100%	06-1595848
Edward Charles Lynn	Srop	1 Apr 2001	Other	1215582
Robert Joseph Chersi	Cfo, executive vice president	1 Jul 2001	Other	2463840
Larry Dexter Radford	Southwestern regional director	1 Jan 2002	Other	1305448
Joseph John Jr Grano	Director, chairman, and ceo	1 Apr 2002	Other	227433
Mark Bryan Sutton	Director, president	1 Apr 2002	Other	857441
Tracy Ellen Calder	Director of compliance	1 Jul 2002	Other	2611255
Luzius Martin Cameron	Director, executive vice president	1 Dec 2002	Other	4556076
James Dale Price	Director	1 Jul 2003	Other	1243224
Joseph John Jr Grano	Director, chairman	1 Jan 2004	Other	227433
Robert Hillel Silver	Director, president and coo	1 Jan 2004	Other	2053021
Mark Bryan Sutton	Director, ceo	1 Jan 2004	Other	857441
Thomas Christopher Naratil	Director, executive vice president	1 Jan 2004	Other	1192911
Mark Steven Shelton	General counsel, executive vice president	1 Mar 2004	Other	4784512
Mark Bryan Sutton	Ceo & chairman	1 Jun 2004	Other	857441
Frank Sal Pluchino	Chief compliance officer for advisory business	1 Sep 2004	Other	1499081
Marten Sybren Hoekstra	Ceo	1 Jul 2005	Other	1125224
Diane Frimmel	Director, director of operations	1 Sep 2005	Other	2053020
Marten Sybren Hoekstra	Ceo, director	1 Sep 2005	Other	1125224
Michael Andrew Weisberg	Director	1 Oct 2005	Other	1781396
David Lawrence Zoll	Director	1 Oct 2005	Other	1107443
John Jr Polanin	Director of compliance	1 Jan 2006	Other	2196145
James Madigan Pierce	Executive committee members	1 Feb 2006	Other	832735
James Dale Price	Executive committee member	1 Feb 2006	Other	1243224
Tambra Suzanne King	Corporate secretary	1 Jul 2006	Other	2212318
Lisa M. Francomano	Chief compliance officer for the advisory business	1 Oct 2006	Other	2263875
John Bernard Hannasch	Director, member of the wealth management americas executive committee	1 Feb 2007	Other	2632279
Michael James Davis	Crop	1 Mar 2007	Other	1633445
Peter Stipp	Head of operations	1 Jun 2007	Other	5290752
George Edmond Yazbeck	Crop	1 Jan 2008	Other	3101380
Anton K. F. Stadelmann	Member of the wealth management executive committee	1 Feb 2008	Other	5510935
William Patrick Frey	Chief financial officer	1 Apr 2008	Other	2369814
Marten Sybren Hoekstra	Interim chairman & ceo-ubs global wm&bb, member of the geb	1 Nov 2008	Other	1125224
Thomas Naratil	Director, member of the wealth management americas executive committee	1 Apr 2009	Other	1192911
James L Hausmann	Ad interim member of the wm americas executive committee	1 Aug 2009	Other	2155259
Douglas Thornley Siegel	Chief compliance officer	1 Oct 2009	Other	1143272
Robert J Mccann	Ceo ubsfs, head of wm americas business division, member of ubs ag group executive board	1 Oct 2009	Other	1064183
Robert Mulholland	Director, member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	874089
Brian Patrick Hull	Director, member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	1304241
John Brown	Director, member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	1045997
Paula Delia Polito	Director, member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	4884393
David J Satler	Director, member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	1848887
John J. Brown	Member of the ubs ag wealth management americas executive committee	1 Jan 2010	Other	1045997
Rosemary Theresa Berkery	Director, member of the ubs ag wealth management americas executive committee	1 Mar 2010	Other	2891006
Anita Mary Sands	Director, member of the ubs ag wealth management americas executive committee	1 Jul 2010	Other	5737376
Jonathan Eisenberg	General counsel, managing director	1 Jul 2010	Other	2802888
William Patrick Frey	Chief financial officer	1 Mar 2011	Other	2369814
T.John Dalby	Director, member of the ubs ag wealth management americas executive committee	1 Oct 2011	Other	5888758
Robert J Mccann	Chairman ubs financial services inc;ceo ubs group americas	1 Mar 2012	Other	1064183
Robert Mulholland	President & ceo ubs financial services inc, member of the ubs ag wealth management americas executive committee	1 Mar 2012	Other	874089
Daniel C Cochran	Director, coo and executive committee wealth management americas	1 Aug 2012	Other	xxx-xx-xxxx
Kathleen B Lynch	Director, member of the ubs ag wealth management executive committee, coo	1 May 2013	Other	5653703
Lance Walter Deal	Chief financial officer	1 Jun 2013	Other	2478522
Brent Henricksen Taylor	General counsel, managing director	1 Jan 2014	Other	3042416
Jason Richard Chandler	Director	1 Mar 2014	Other	2382465
John Jerome Iii Mcdermott	Director	1 Mar 2014	Other	4025460
Michael Lee Crowl	General counsel wealth management americas, group managing director	1 Jul 2014	Other	5464806
Amy E Fainsbert	Chief financial officer	1 Sep 2014	Other	2060038
Brian Patrick Hull	President	1 Jun 2015	Other	1304241
Sharyn J Handelsman	Chief compliance officer	1 Aug 2015	Other	4272996
Thomas Naratil	Chairman ubs financial services inc	1 Jan 2016	Other	1192911
Samuel Leonard Molinaro	Director	1 Apr 2016	Other	2414084
Paul Martin Hatch	Director	1 Apr 2016	Other	1350155
Brent Henricksen Taylor	General counsel, managing director	1 Mar 2017	Other	3042416
Mark Wilson Sanborn	Managing director	1 Nov 2017	Other	1805781
Helene Narcy	Chief financial officer	1 Mar 2018	Other	6854116
Catherine Ann Newcomb	Managing director	1 May 2018	Other	4517197
Thomas A. Giacalone	Principal operations officer	1 Oct 2018	Other	2873774
Jason Richard Chandler	President	1 Jan 2019	Other	2382465

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ubs Ag	Indirect owner	1 Nov 2001	75% - 100%	98-0186363
Ubs Group Ag	Shareholder	1 Nov 2014	75% - 100%	foreign
Ubs Americas Holding Llc	Shareholder	1 Aug 2015	75% - 100%	47-4954572

Based in Weehawken

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.