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Claim this company →UBS Global Wealth Management is a division of UBS AG, headquartered in Zurich and Basel, Switzerland. UBS AG was founded on 29 June 1998 following the merger of Union Bank of Switzerland and Swiss Bank Corporation, though its predecessor institutions date back to the 1860s. UBS Wealth Management operates in the Financial Services industry with 9,803 employees and 2024 revenue of $24.5 billion.
GWM is positioned as the world's only truly global wealth manager, with group invested assets surpassing USD 7 trillion for the first time in 2025. The division targets more than USD 5.5 trillion of invested assets by the end of 2028, with more than USD 200 billion of net new assets per annum from 2028. In Asia Pacific, invested assets across asset gathering businesses now exceed one trillion, positioning UBS as the region's largest global wealth manager.
Recent Leadership News
GWM co-heads Iqbal Khan and Rob Karofsky oversaw organizational changes in 2025, with Benjamin Cavalli assuming leadership of the newly formed "Strategic Clients and Global Connectivity" unit as of 1 July 2025. Recent leadership changes in Asia Pacific included Edith Chan and Vishal Rathee stepping in as joint heads of the direct investment group for the region.
Sources
- UBS Group AG Annual Report 2025
- UBS Wealth Management Company Profile - GlobalData
- UBS Group AG Form 6-K - Investor Presentation 2025
- UBS Reshuffles Global Wealth Management Division
- UBS GWM Asia Pacific Undergoes Leadership Changes
Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.




