UBS Launches Global Family Office in the Americas, Completes Strategic Global Expansion Initiative

  UBS Launches Global Family Office in the Americas, Completes Strategic
  Global Expansion Initiative

Business Wire

NEW YORK -- January 22, 2013

UBS today announced the expansion of its Global Family Office (GFO) to the
Americas region, completing the firm’s implementation of a strategy to extend
its GFO business to serve clientele across Europe, Asia and the Americas. The
GFO is a joint venture between UBS Investment Bank and UBS Wealth Management,
focusing entirely on family offices with institutional-like profiles and
requirements. With this expansion complete, UBS now offers GFO expertise in
seven primary hubs: Zurich, Geneva, London, Hong Kong, Singapore, Sydney and
New York.

“The expansion of the UBS GFO into the Americas marks a significant capstone
to our strategy to bring our full firm to bear, globally, in support of large
institutional and professional family offices around the world,” said Robert
McCann, CEO of UBS Americas and CEO of UBS Wealth Management Americas.“ The
result is a platform that responds to the highly tailored, complex needs of
our global family office clients, in all markets where we do business.”

The UBS GFO places at its core a select group of financial advisers who have
experience and training in working directly with GFO clients. In addition to
providing access to UBS’s experts in its Wealth Management, Investment Bank
and Prime Services divisions, the GFO features the following services
globally:

  *Comprehensive global services with complete transparency to the GFO’s
    service team, including direct contact with UBS bankers, traders,
    specialists and sales teams*
  *Fully customizable and consolidated real-time reporting of holdings,
    balances, margin and risk profiles for assets held with UBS and elsewhere
  *Access to UBS research to provide intelligence on current investment
    trends
  *Family advisory services, including governance frameworks, governing
    bodies, corporate advisory, management platforms, asset holding
    structures, business succession plans, a young successors program and
    philanthropy strategies
  *Exclusive peer network of other UBS Global Family Office clients to share
    knowledge and identify potential new business opportunities

“The launch of GFO in the Americas allows us to be the only family office
provider to combine institutional-level service and access with the holistic
wealth management advisory services we supply across the firm,” said Juerg
Zeltner, CEO of UBS Wealth Management. ”It is a powerful testament to the
business strategy we have set out globally, and an important step in
delivering the full breadth of our intellectual capital and resources to our
clients worldwide.”

The UBS Global Family Office was launched in Europe and the Asia-Pacific
region in January 2011 and currently manages more than USD 50 billion in
assets. To learn more about the UBS Global Family Office in the Americas and
view a video about the program, please visit:
www.ubs.com/us/en/wealth/misc/globalfamilyoffice.html.

*Services offered to a GFO client are subject to applicable regulatory
framework, based on the location where the client is domiciled and/or on
boarded. Certain services and products are subject to restrictions and cannot
be offered in all jurisdictions.

Notes to Editors

About UBS

UBS draws on its 150-year heritage to serve private, institutional and
corporate clients worldwide, as well as retail clients in Switzerland. Its
business strategy is centered on its pre-eminent global wealth management
businesses and its universal bank in Switzerland. Together with a
client-focused Investment Bank and a strong, well-diversified Global Asset
Management business, UBS will expand its premier wealth management franchise
and drive further growth across the Group.

UBS is present in all major financial centers worldwide. It has offices in
more than 50 countries, with about 35% of its employees working in the
Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and
Africa and 12% in Asia Pacific. UBS employs about 64,000 people around the
world. Its shares are listed on the SIX Swiss Exchange and the New York Stock
Exchange (NYSE).

www.ubs.com/media

Contact:

UBS
New York:
Karina Byrne, 212-882-5692, karina.byrne@ubs.com
Megan Stinson, 212-713-1302, megan.stinson@ubs.com
Follow us on Twitter: @UBSAmericas
 
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