UBS PaineWebber Launches Art and Numismatics Services in U.S.
JNADAD
Posts: 69
NEW YORK, Dec. 9 /PRNewswire-FirstCall/ -- UBS PaineWebber announced today
that it will offer UBS's industry-leading Art Banking and Numismatics
Services, currently available in Europe, to the firm's U.S. client base for
the first time. The U.S. offering, called Art and Numismatics Services,
enhances UBS PaineWebber's product mix for high net worth individuals and
advances UBS's position as a world-class provider of financial services and
wealth management solutions.
UBS PaineWebber's Art and Numismatics Services is a unique advisory
service for clients of the firm, which includes art research, art management,
counsel on sales and purchases, and structured solutions. In addition, the
firm's service features a full numismatics department -- the first of its kind
in the industry. Art and Numismatics Services, delivered through the firm's
nationwide network of financial advisors, connects UBS PaineWebber clients to
UBS's in-house team of art professionals and the world's leading art experts.
"Art is often a significant part of a wealthy individual's total assets,
and as such, UBS PaineWebber's Art and Numismatics Services is a
differentiating component of our full-service approach to clients," said
Kathleen O'Toole, Director, UBS PaineWebber Preferred Client Services. "In
today's largely unregulated art market, we are confident that trusted advice
and customized solutions will add tremendous value to our client
relationships."
Art and Numismatics Services provides clients independent and objective
insights on art as an investment as well as guidance on how to build and
maintain a collection. Clients also benefit from the firm's rigorous due
diligence process; introductions to the exclusive UBS global private client
base of art collectors, buyers and sellers; unique access to works of art
rarely seen on the market; and a single point of contact for all art-related
issues. A flexible fee structure allows UBS PaineWebber clients to select the
appropriate service level for their needs.
The expansion of this service into the U.S. market, the fastest growing of
all major art markets globally, builds on the firm's profile as a key
supporter of the arts worldwide. In the United States, the UBS PaineWebber
Collection, one of the finest assemblages of contemporary art owned by a
corporation, has solidified UBS's reputation as a leader in the arts
community.
UBS PaineWebber serves the wealth management needs of more than 2 million
clients with 8,500 financial advisors in 369 branch offices nationwide. UBS
PaineWebber is one of four business groups of UBS along with UBS Warburg, UBS
Global Asset Management and UBS Wealth Management and Business Banking.
that it will offer UBS's industry-leading Art Banking and Numismatics
Services, currently available in Europe, to the firm's U.S. client base for
the first time. The U.S. offering, called Art and Numismatics Services,
enhances UBS PaineWebber's product mix for high net worth individuals and
advances UBS's position as a world-class provider of financial services and
wealth management solutions.
UBS PaineWebber's Art and Numismatics Services is a unique advisory
service for clients of the firm, which includes art research, art management,
counsel on sales and purchases, and structured solutions. In addition, the
firm's service features a full numismatics department -- the first of its kind
in the industry. Art and Numismatics Services, delivered through the firm's
nationwide network of financial advisors, connects UBS PaineWebber clients to
UBS's in-house team of art professionals and the world's leading art experts.
"Art is often a significant part of a wealthy individual's total assets,
and as such, UBS PaineWebber's Art and Numismatics Services is a
differentiating component of our full-service approach to clients," said
Kathleen O'Toole, Director, UBS PaineWebber Preferred Client Services. "In
today's largely unregulated art market, we are confident that trusted advice
and customized solutions will add tremendous value to our client
relationships."
Art and Numismatics Services provides clients independent and objective
insights on art as an investment as well as guidance on how to build and
maintain a collection. Clients also benefit from the firm's rigorous due
diligence process; introductions to the exclusive UBS global private client
base of art collectors, buyers and sellers; unique access to works of art
rarely seen on the market; and a single point of contact for all art-related
issues. A flexible fee structure allows UBS PaineWebber clients to select the
appropriate service level for their needs.
The expansion of this service into the U.S. market, the fastest growing of
all major art markets globally, builds on the firm's profile as a key
supporter of the arts worldwide. In the United States, the UBS PaineWebber
Collection, one of the finest assemblages of contemporary art owned by a
corporation, has solidified UBS's reputation as a leader in the arts
community.
UBS PaineWebber serves the wealth management needs of more than 2 million
clients with 8,500 financial advisors in 369 branch offices nationwide. UBS
PaineWebber is one of four business groups of UBS along with UBS Warburg, UBS
Global Asset Management and UBS Wealth Management and Business Banking.
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Comments
Is this a sign that we are going to see a brief burst of prices and another collapse?
Obscurum per obscurius
Imagine the markup after paying the hands touching the "investments".
Boom Bust on the way.
jom