|Bid||12.6900 x 1800|
|Ask||12.7000 x 4000|
|Day's Range||12.68 - 12.79|
|52 Week Range||12.21 - 20.89|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||28.39|
|Forward Dividend & Yield||0.65 (5.16%)|
|1y Target Est||N/A|
UBS Global Wealth Management released today a new report that unveils the majority of art collectors are going online and using social platforms to stay at the forefront of the art market year round. Released during Art Basel in Miami Beach, this special Investor Watch Pulse Report, titled “Art in Motion,” studies the attitudes and behaviors of fine art collectors in the U.S. with at least $5m+ in investable assets.
UBS Financial Services Inc.'s San Diego Market recently expanded its offices in La Jolla to the first floor level of its current address at 1200 Prospect St. The open and airy office operates as the main office for all 150+ UBS financial advisors and staffers in San Diego, with several other branches still located around the county in Rancho Bernardo, Carmel Valley and downtown. All details were designed by UBS to enhance the client meeting experience and ease of community engagement. The modern architecture provides expansive views of La Jolla Cove with windows that open to capture the Pacific Ocean breeze and is designed with comfortable living room-style seating and a community table in the common areas.
UBS, Global Lead Partner of Art Basel for over 25 years, will kick off the opening of Art Basel Miami Beach (December 6-9, 2018) with the release of a new report, surveying the attitudes and behaviors of US-based wealthy fine art collectors. According to the 2018 Art Basel and UBS Global Art Market Report, the U.S. continued to hold strong as the leading market for the world’s top 200 collectors, of whom 50% are based in the U.S. Moreover, 68% of global art dealers also cited the U.S. among their top three most important buyer nationalities. "Art Basel in Miami Beach sits at the nexus of North America and Latin America and we have had incredible interest in the show from across our global collecting community this year.
UBS Investment Bank today announced coupon payments for the ETRACS Alerian MLP Index ETN (NYSE Arca: “AMU”) and ETRACS Alerian MLP Index ETN Series B (NYSE Arca: “AMUB”), both traded on the NYSE Arca.
Earlier this year, EPAS announced the launch of a reimagined and education-focused digital user experience to their 800,000+ participants. This evolution anchored on improving the overall user experience, serving up simple, relevant, engaging and interactive educational content and focused on empowering participants to use their awards to have a greater impact on their financial lives. This new enhancement further expands the resources available to participants1 while also positioning the firm to deliver on a broader workplace wellness solution to employees.
UBS Investment Bank today announced that the ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (NYSE Arca®: SMHB), will begin trading on NYSE Arca®. The Index is calculated and distributed by Solactive AG and is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of liquidity and market capitalization. For more information about the ETN, including the SMHB Prospectus Supplement, please visit www.etracs.com.
The United States Department of Justice ("DOJ") today filed a civil complaint in the U.S. District Court for the Eastern District of New York related to UBS's issuance, underwriting and sale of residential mortgage-backed securities ("RMBS") more than a decade ago. The complaint seeks unspecified monetary civil penalties under the Financial Institutions Reform, Recovery, and Enforcement Act ("FIRREA") regarding transactions that date back to 2006 and 2007. The DOJ’s claims are not supported by the facts or the law.
UBS has been advised by the United States Department of Justice ("DOJ") that the DOJ intends to file a civil complaint as early as November 8, 2018 related to UBS's issuance, underwriting and sale of residential mortgage-backed securities ("RMBS") more than a decade ago. UBS anticipates that the complaint will seek unspecified monetary civil penalties under the Financial Institutions Reform, Recovery, and Enforcement Act ("FIRREA") regarding RMBS transactions that date back to 2006 and 2007.
Jason Stephens, Managing Director of The Stephens Group, a UBS Private Wealth Management branch in Florida, has been named to Forbes list of Top Wealth Advisors for 2018. The Forbes Top Wealth Advisors ranking is comprised of the country’s top 250 star advisors who manage over $733 billion in client assets. Of the more than 25,000 nominations Forbes/SHOOK received, they proceeded with only 1,500 in-person interviews, and ultimately narrowed the list to the top 250 advisors based on industry experience, compliance records, revenue produced and assets under management.
UBS announced today that Sean Dillon, a Managing Director of Wealth Management at the Firm’s Boston Office, has been named to Forbes list of Top Wealth Advisors, listed on Forbes.com. The Forbes ranking of America’s Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, rating thousands of wealth advisors and weighing factors like revenue trends, assets under management, compliance records, industry experience and best practices learned through telephone and in-person interviews. “I am pleased that Sean Dillon has received this recognition,” commented James Ducey of UBS’s Boston office.
UBS Global Wealth Management recently launched Retirement Plan Manager, a new advisory program designed to help financial advisors effectively and efficiently serve smaller participant-directed defined contribution retirement plans with less than $5 million in assets. The program has been launched under a new offering called UBS Retirement Plan Guided Solutions, a separate and distinct offering from the firm's existing Retirement Plan Consulting Services program.
There are now 585 billionaires worth 3.1 trillion in the U.S. Globally, billionaire wealth enjoyed its greatest-ever increase in 2017, rising 19 percent to USD 8.9 trillion among 2,158 individuals.
New Broadridge Wealth Platform leverages leading technology to optimize advisor productivity, client experience and enterprise operations for the industry NEW YORK , Oct. 25, 2018 /PRNewswire/ -- Broadridge ...
Following the decision of Kathy Shih to retire after 32 years at UBS, Edmund Koh will take over as President UBS Asia Pacific and join the Group Executive Board (GEB) of UBS Group AG effective 1 January 2019. Koh is currently Head of Wealth Management Asia Pacific and Country Head Singapore. During his past three years in this role he has continued to successfully build the wealth management business of UBS in the region.
David Ellis, III, managing director of The Ellis Group, a branch of UBS Financial Services Inc., has been recognized by Forbes as one of the top wealth advisors in the United States, landing on their 2018 Top Wealth Advisors List for the third year in a row. This is Ellis’ second Forbes honor this year, as he was ranked #2 on the Forbes Best-in-State Wealth Advisor List in February.
FT. LAUDERDALE, Fla. , Oct. 24, 2018 /PRNewswire/ -- The law firms of Mark A. Tepper , P.A. and Lombana Hoelle Trial Law have filed a claim against UBS Financial Services on behalf of an Argentinian ...
The UBS Wealth Management USA Houston, TX Galleria branch office, will move its offices from 5065 Westheimer Road to Town Centre I, 750 Town and Country Boulevard on March 1, 2019. The new office will be located on the 4th floor of Town Centre I, occupying approximately 19,000 square feet.
Terry Cook named #1 in Washington on Forbes List of 2018's Best-In-State Wealth Advisors; Kyle Caouette named to Forbes List of 2018's Top Next-Generation Wealth Advisors
UBS AG today announced that it has suspended further sales from inventory of its outstanding ETRACS Monthly Pay 2xLeveraged Small Cap High Dividend ETN (NYSE Arca Ticker:SMHD). This suspension will remain in effect until further notice from UBS AG. As previously announced on October 8, 2015, UBS AG does not intend to issue any new notes of this ETN, which is part of a series of UBS AG debt securities designated as “Medium-Term Notes, Series A.” As a result, following this announcement, UBS does not intend to make further sales of previously issued but unsold notes of this ETN or notes of this ETN that UBS Securities LLC may acquire in the future. This ETN will continue to trade on the NYSE Arca, subject to further notice.
UBS announced today that Roger Vierra, a Financial Advisor in the Firm’s Boston Market has been named to the Financial Times 401 Top Retirement Advisors. This year's award marks the fourth consecutive year Vierra has been recognized as a Top Retirement Advisor. The Financial Times 401 Top Retirement Advisors is a list of elite professionals who specialize in advising on US employers’ defined contribution plans.
UBS Financial Services Inc. announced today a new team has joined its Dayton office. The Schade Team, previously at Merrill Lynch, brings with it a combined three decades of experience in financial planning and wealth management. The Schade Team currently manages approximately half a billion dollars in assets.