UBS Acquires a Digital Platform to Offer Wealth Management Services for Millennial and Gen Z Affluent Investors

Valued at 1.4 billion dollars

Date:

Captura de Pantalla 2022-01-27 a la(s) 14
. Pexels

Autor: Marcelo Soba

UBS will accelerate its growth ambitions in the US, broaden its reach among affluent investors and expand its distribution and capabilities.

Wealthfront will become a wholly owned subsidiary of UBS and will operate as a business within UBS Global Wealth Management Americas

The transaction is currently expected to close in the second half of 2022