Leading Wealth Management Firm in Canada Establishes KeyClient Group

Wealth management firm, UBS, establishes a KeyClient Group in Canada for ultra high net worth clients.

Toronto, Ontario (PRWEB) November 7, 2006 – UBS is proud to announce the establishment of a KeyClient Group in Canada.

Launched in January 2003, the KeyClient initiative provides a comprehensive and pro-active suite of wealth management and investment banking services to individuals and families of the highest financial status around the world.

The founder of the KeyClient Group in Canada, Sam Sivarajan, will be joined by Vancouver-based Wolfgang Harder, as well as Erika Hofer and O.J. Tuters in Toronto. Canada was chosen because of its well-established private banking model that has been operating for over 50 years.

"With today's global financial markets, ultra high net worth clients do indeed have more complex and integrated wealth management needs than other wealthy people," states Sam Sivarajan. "As there are different needs for people with $100,000 to invest versus those with $1 million so are there different needs for someone with $10 million versus $100 million. As you can imagine, the sophistication of the solutions differs in the same manner."

The introduction of a KeyClient Group in Canada will cater to the over 3,000 ultra high net worth client families located across the country, providing a diverse array of high profile investment banking services. Four wealth management professionals and related service personnel based in Montreal, Vancouver, Toronto and Calgary form the initial group.

Services offered by UBS Canada's group include more sophisticated investment banking (http://www.torontowebservices.com/financial_planning_canada/investment_banking.php) strategies, such as stock lending, currency solutions, and active capital preservation. Wealth management professionals will also be able to assist in aircraft financing, wine banking and art banking.

"We've been serving people around the world with $50 million or more in financial assets for many years," says Grant Rasmussen, Head of Wealth Management in Canada (http://www.torontowebservices.com/financial_planning_canada/wealth_management.php). "You really do need a focused strategy for this market."

Those clients seeking investment banking assistance in merger & acquisition services, prime brokerage, and the development of structured products can also take advantage of the expertise of the KeyClient Group and the UBS Investment Bank.

About UBS:

UBS is the world's largest wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. Serving a discerning global client base, UBS combines financial strength with an international culture that embraces change.

With offices in Montreal, Toronto, Calgary, and Vancouver, UBS Canada creates added value for clients by drawing on the combined resources and expertise of all its businesses, including investment banking and wealth management.

Press Contact:

Graeme Harris

Corporate Communications

Tel: (416) 345-7050

http://www.torontowebservices.com/financial_planning_canada/index.php

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