Ubs Global Asset Management (New York) Inc. (New York)


Ubs Global Asset Management (New York) Inc. is a large advisory firm based in New York. It manages $12.33 billion of regulatory assets for 219 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Ubs Global Asset Management (New York) provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. 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 Global Asset Management (New York): assets under management

The assets under management (AUM) of Ubs Global Asset Management (New York) Inc. is $12.33 billion. The firm's AUM has gone down by -43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.58 billion in discretionary accounts and $753.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $57.99 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ubs Global Asset Management (New York) Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Ubs Global Asset Management (New York) Inc.

Jeffrey James Diermeier has served as the Chief Investment Officer since 1 Mar 2000. Joseph Anthony Varnas joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ubs (Usa) Inc. Holding company 1 Apr 1995 75% - 100% 13-3506524
Mark Frederick Kemper Secretary & legal adviser 1 Jun 1998 Other 4347419
Peter Mertz Vice president 1 Jun 1998 Other 2830389
Wayne Dole Thornbrough Vice president & director 1 Jun 1998 Other 1859311
Benjamin Franklin Lenhardt Chairman & chief executive officer 1 Nov 1999 Other 2285642
Jeffrey James Diermeier Chief investment officer 1 Mar 2000 Other 4347134
Larysa Maria Bemko Vice president 1 May 2001 Other 2444132
Brian Marshall Storms President & chief operating officer 1 May 2001 Other 712047
Robert Peter Wolfangel Chief financial officer 1 Jun 2001 Other 2965141
Amy Rose Doberman Secretary and chief legal officer 1 Oct 2001 Other 4286792
Brian Marshall Storms President,chief operating officer and director 1 Jul 2002 Other 712047
Joseph Anthony Varnas Chief operating officer 1 Mar 2003 Other 1828910

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Zurich Switzerlerland Ubs Ag Parent company 1 Apr 1995 75% - 100% 98-0186363

Based in New York

The principal office where Ubs Global Asset Management (New York) Inc. performs its advisory services is located at 51 West 52 Nd Street, New York, NY 10019 6114, which is also the mailing address of the firm. An additional office of the firm is in Franklin, TN. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (212)882-5000. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at www.ubs.com.