Union Bancaire Privée
(UBP)

An independent review by our team of experts

Union Bancaire Privée (UBP) was founded in 1969. It is a private bank and wealth management firm that has it's headquarters in Geneva.

UBP specialises in serving institutional and private clients and is known as one of the largest banks in Switzerland. With around 20 locations across the globe and 1,812 people working for them, UBP is said to have CHF 147.4 billion of assets under management.

Union Bancaire Privée has over 300 private wealth managers in different countries and offers various management mandates and types of advice. Learn more about their private banking services and what our experts have to say in this review.

UBP offers a number of services to their private clients. These can be summarised below:

Pure-play private banking
Advisory services
DFM services
Wealth planning solutions
Private markets group
Family office advisory
e-Banking
Regulatory services

Since UBP is located in some major financial hubs, their private banking clients are allowed to choose from their 11 booking centres, including Hong Kong, Monaco, Singapore, Geneva and London.

UBP says that their approach to asset managing has always been an active one (we would recommend reading the expert verdict section of this review).

Different investment solutions are offered to UBP's private banking clients such as: Swiss and global equities, alternative investments, global and absolute return fixed income, responsible investing, direct investments and Japanese equities.

The managed services provided by UBP for its private banking clients can be broadly classified into two categories:

Discretionary services
Advisory services

Each of these are said to be designed to suit different risk profiles and needs. Some of UBP's private clients have direct access to their Trading Room and can create their own investment strategies.

UBP says that their private banking services encompasses much more and can help you sustain and increase your wealth. These services include future tax-planning, wealth planning and distribution.

UBP also offers high-net-worth individuals and families help choosing the multi-family office that would suit their individual needs. You can learn more about this on their website.

NOTE:

We would recommend reading 'our verdict' to help you make an informed financial decision.

Additionally, here's a free guide that can help you achieve better results. In this guide, you'll learn:

Academic evidence only shared with a select few firms across the world
A real-life example of why you should never try to outguess the market
Why a fund's past performance is not enough to predict future returns
Why you need to focus on what you can control and why this leads to a better investment experience
Why you should accept the markets for what they are
What can impact behaviour and make people seek instant gratification

The Pros

> e-Banking

> Global access

The Cons

> Expensive

> Not the best way to invest

> Better options exist

> Lesser staff

Does UBP offer e-Banking?

Yes, UBP offers e-Banking solutions to it's private clients.

This gives you access to your portfolio at any time, allows you make payments and get the latest UBP news easily.

What is the full form of UBP?

UBP stands for Union Bancaire Privée.

Does UBP have a branch in the Middle East?

Yes, UBP has an office in the Middle East - which is regulated by the Dubai Financial Services Authority.

What does UBP offer as part of their wealth planning services?

UBP calls this the 'global approach to wealth management'. It entails the following:

Wealth structuring
Tax planning
Estate planning
Consolidating assets
Protection of assets
Relocation help
Private insurance
Family offices
Philanthropy

Expert assessment of Union Bancaire Privée (UBP)

UBP is a small, boutique private bank.

Because of this, you are less likely to receive the best of breed in banking, investment and financial planning and fewer staff may also mean a lack of qualifications and skill.

If you are already a private banking client of UBP, we would recommend a no-obligation Second Opinion to ensure you are on track to reach your ideal future.

Additionally, we are happy to review the financial plan that has led to the investment portfolio you currently have.

The information in this material is intended for the recipient’s background information and use only. It is provided in good faith and without any warranty or, representation as to accuracy or completeness. Information and opinions presented in this material have been obtained or derived from sources believed by AES to be reliable and AES has reasonable grounds to believe that all factual information herein is true as at the date of issue. It does not constitute investment advice, recommendation, or an offer of any services or products for sale and is not intended to provide a sufficient basis on which to make an investment decision. It is the responsibility of any persons wishing to make a purchase to inform themselves of and observe all applicable laws and regulations. Unauthorised reproduction or transmitting of this material is strictly prohibited. AES accepts no responsibility for loss arising from the use of the information contained herein.

‘AES’ refers to the AES Group’s separate but affiliated entities generally, rather than to one particular entity. These entities are AES Middle East Insurance Broker LLC registered with the UAE Ministry of Economy, United Arab Emirates, Licence no. 571368, and Commercial Registration no. 75162 and regulated by the UAE Central Bank license no. 189; AES Financial Services Limited, incorporated and registered in England and Wales with company number 06063185, authorised and regulated by the UK Financial Conduct Authority FRN: 464494; AES Financial Services (DIFC) Ltd, registered in the Dubai Financial Centre (DIFC) as a foreign company, license no.2128, and regulated by the Dubai Financial Services Authority (DFSA) Reference No F003476; AES International Limited, a private company incorporated and registered in the British Virgin Islands with company number 1839872; AES International Global Limited, a private company incorporated and registered in the British Virgin Islands with company number 1887885. Please visit our authorisations page for further information on regulation, redress and accessibility.

If you are outside the UK and we advise you or carry out other business, nearly all the rules, regulations and arrangements made under the UK regulatory regime (including the rules made by the FCA and the dispute resolution process provided by the UK Financial Ombudsman Service) will not apply to most aspects of the service you receive, such advice or business being provided from outside the UK. You should therefore clearly understand such rights and protection as are afforded in the jurisdiction where you receive advice. Local law, regulation and redress processes will apply in almost all cases, and will be different from that of the UK.

RISKS

Investments involve risks. The investment return and principal value of an investment may fluctuate so that an investment, when redeemed, may be worth more or less than the capital invested. Past performance is not a guarantee of future results. There is no guarantee strategies will be successful. For further information, please click here.

Union Bancaire Privée
(UBP)

An independent review by our team of experts

REVIEW SUMMARY