UBS Wealth Management has continued its UK expansion by establishing a high net worth (HNW) team in London and bolstering its regional office teams with a series of appointments.
Karan Sejpal, former head of North West and Yorkshire at UBS Wealth Management, has been appointed to head up the new London HNW team.
Seipal has spent the past four years building UBS Wealth Management’s presence in the North West and Yorkshire. Under his leadership, the Manchester office became UBS Wealth Management’s fastest growing office in 2017.
Simon Pearson, who has been working with UBS Wealth Management’s clients in the North West for the past five years, has been promoted to head of North West.
Aidan Dunstan, who is currently head of North East, and has spent the past 13 years with UBS Wealth Management, will take on a newly formed role as head of North East and Yorkshire.
Nick Tucker, head of UK Domestic at UBS Wealth Management, said: “Over the past few years, we have steadily refined our offering for High-Net-Worth individuals and families to better enable them to fulfil their wealth ambitions. This resource commitment is bearing fruit and we take tremendous pride in achieving growth milestones like we have today.”
In a separate development, this month UBS Wealth Management’s Scotland team moves into its new Edinburgh office, at 1 St Andrew Square, as it aims to double its presence in the region.
This will become the flagship office for UBS Wealth Management’s regional business outside of London.