Ubs Oconnor LLC (Chicago)

Name: Ubs Oconnor LLC
Address: One North Wacker Drive, 32 Nd Floor, Chicago, IL, 60606
Telephone: 312-525-6000

Ubs Oconnor LLC is a large advisory firm based in Chicago. It manages $8.34 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, New York, and Tennessee.

Ubs Oconnor provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ubs Oconnor: assets under management

The assets under management (AUM) of Ubs Oconnor LLC is $8.34 billion. The firm's AUM has grown by 77% since the beginning of its operation, and $3.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.28 billion in discretionary accounts and $66.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $331.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $66.14 million.

Ubs Oconnor has custody of $8.34 billion in cash and securities for 26 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ubs Oconnor LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

What kind of clients Ubs Oconnor serves?

The only and largest group of clients of Ubs Oconnor is pooled investment vehicles with 25 clients and $8.28 billion of assets under management. Among the 7 most similar advisory firms, Ubs Oconnor has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.28 billion for 25 clients. 42% of the firm’s clients are foreign persons or businesses.

Ubs Oconnor also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Ubs Oconnor LLC

The company employs 121 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 8 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kevin Gary Russell has served as the Chief Investment Officer since 1 Jan 2016 and Joseph Francis Scoby is the Chief Executive Officer of Ubs Oconnor LLC family office. Michael Nicholas Esposito joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dawn Nora Fitzpatrick	Director and global head of o'connor	1 Jul 1992	Other	2598921
Ubs Ag (Zurich)	Member	1 Jan 2000	75% - 100%	foreign
Joseph Francis Scoby	Chief executive officer	1 Jan 2000	Other	2000764
Michael John Thorton Dudley	Chief investment officer, global fz and rates	1 Jan 2000	Other	4369614
Michael Thomas Welch	Chief investment officer	1 Jan 2000	Other	1721357
John Cyril Moore	Chief financial officer	1 Jan 2000	Other	2126829
William Joseph Ferri	General counsel	1 Jan 2000	Other	2677147
James Wayne Vanck	Chief operating officer	1 Aug 2000	Other	4369637
James Wayne Vanek	Chief operating officer	1 Aug 2000	Other	4369637
James Michael Hnilo	Director of compliance	1 Oct 2000	Other	4377601
Nicholas James Vagra	Chief operating officer	1 Aug 2001	Other	2692458
Danny Stephan Schweizer	Deputy chief executive officer	1 Mar 2003	Other	4679355
Charles Raymond Mathys	Chief compliance officer	1 Oct 2003	Other	2972488
Nicholas James Vagra	Chief operating officer	1 Jan 2004	Other	2692458
David Kenneth Pritsker	Chief financial officer	1 Apr 2004	Other	2604180
James Anthony Hartmann	Chief compliance officer	1 Jun 2005	Other	2705002
Charles Raymond Mathys	Chief compliance officer	1 May 2007	Other	2972488
William Joseph Ferri	Chief executive officer	1 Oct 2007	Other	2677147
Joseph Francis Scoby	Global head of alternative and quantitative investments	1 Jan 2009	Other	2000764
William Joseph Ferri	Global head of alternative and quantitative investments	1 Jul 2010	Other	2677147
Frank Sal Pluchino	Chief compliance officer	1 Mar 2013	Other	1499081
Dawn Nora Fitzpatrick	Global head of o'connor	1 Aug 2013	Other	2598921
Salvatore Digangi	Chief compliance officer	1 Sep 2013	Other	2315697
Andrew D Hollenbeck	General counsel	1 Nov 2013	Other	5729483
Ubs Americas Holding Llc	Holding company	1 Aug 2015	75% - 100%	none
Kevin Gary Russell	Chief investment officer	1 Jan 2016	Other	2437065
Suni Harford	Head of investments, ubs asset management	1 Jul 2017	Other	1879134
Michael Nicholas Esposito	Chief compliance officer	1 Jun 2019	Other	4836914

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ubs Ag (Zurich)	Member	1 Apr 2004	75% - 100%	foreign
Ubs Group Ag	Parent company	1 Nov 2014	75% - 100%	foreign

Based in Chicago

The principal office where Ubs Oconnor LLC performs its advisory services is located at One North Wacker Drive, 32 Nd Floor, Chicago, IL 60606, which is also the mailing address of the firm. 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 312-525-6000 or by fax 312-525-5042. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at ubs.com/oconnor.com.