<html xmlns="http://www.w3.org/1999/xhtml" xmlns="http://www.w3.org/1999/xhtml">
 <head xmlns="http://www.w3.org/1999/xhtml">
 <title xmlns="http://www.w3.org/1999/xhtml"></title>
 </head>
 <body xmlns="http://www.w3.org/1999/xhtml">
 
 UBS, the world&#39;s largest wealth manager, today announces the launch of 
 the Family Office Compass, a strategic toolkit to help ultra high net 
 worth families flourish across generations.
 
 
 The Family Office Compass addresses one of the key findings of the 
 Global Family Office Report 2016: Nearly 70 percent of family offices 
 expect a generational transition within the next 15 years, yet just 37 
 percent of them believe that the next generation want to play a more 
 prominent role in managing their family&#39;s affairs. This reluctance is 
 often not due to a lack of interest or aptitude, but rather an inability 
 to identify ways to participate that suit their personal interests and 
 life trajectories. For many families, placing trust in potential 
 successors can be a challenge. Family offices can find it equally 
 demanding to maintain relevance with the younger generation. The Family 
 Office Compass is designed to help overcome these potential obstacles, 
 so that generational transition is a success and family wealth continues 
 to grow multi-generationally.
 
 
 The Family Office Compass, developed in conjunction with the Cambridge 
 Institute for Family Enterprise, not only guides families in how to set 
 up a state-of-the-art family office, but also offers them a perspective 
 on the strategic role of a family office beyond traditional and 
 short-term wealth management. It demonstrates how a family office can 
 guide the family from generation to generation, ensuring that members 
 stay unified and preserve and grow its wealth.
 
 
 Meanwhile, new research by Campden Wealth shows that the global 
 population of single family offices (SFOs) today is 5,300. Over 75 
 percent of these are located in either Europe or North America, while 
 another 17 percent are in Asia Pacific and over 8 percent in emerging 
 markets. These single family offices cater to individuals with USD100 
 million or more in investable assets.
 
 
 According to Campden's estimates, 740 family offices globally are owned 
 by ultra high net worth individuals with assets under management of USD1 
 billion or more in investable wealth. Of these, 30 percent are based in 
 Europe, 36 percent in North America, 24 percent in Asia Pacific and 10 
 percent in emerging markets. The UBS/PwC Billionaires Report (2016) 
 found that there are 1,397 billionaires across North America, Europe and 
 Asia Pacific. Based on this number and our estimate of billionaire 
 family offices per region, we can calculate that 65 percent of European 
 billionaires have a family office, compared with 50 percent of those 
 based in North America and 34 percent in Asia Pacific.
 
 
 John Mathews, Head of Private Wealth Management and Ultra High Net 
 Worth, UBS, Wealth Management Americas said: "It is crucial for families 
 wanting to create lasting financial success to identify their driving 
 purpose and to formulate an overall family strategy. Clarity of purpose 
 for the family, and in turn, the family office leads to improved 
 performance of the family office over time and increased usefulness to 
 the family. This compass offers us a detailed road map for a family 
 office to succeed and survive over generations."
 
 
 Notes to Editors
 
 
 About UBS
 
 
 UBS is committed to providing private, institutional and corporate 
 clients worldwide, as well as retail clients in Switzerland, with 
 superior financial advice and solutions, while generating attractive and 
 sustainable returns for shareholders. Its strategy centers on its Wealth 
 Management and Wealth Management Americas businesses and its leading 
 universal bank in Switzerland, complemented by its Asset Management 
 business and its Investment Bank. These businesses share three key 
 characteristics: they benefit from a strong competitive position in 
 their targeted markets, are capital-efficient, and offer a superior 
 structural growth and profitability outlook. UBS&#39;s strategy builds on 
 the strengths of all of its businesses and focuses its efforts on areas 
 in which it excels, while seeking to capitalize on the compelling growth 
 prospects in the businesses and regions in which it operates. Capital 
 strength is the foundation of its success.
 
 
 Wealthy clients seek professionals who understand their unique 
 challenges, passions and ambitions. Due to UBS&#39;s long experience of 
 working with the most sophisticated ultra high net worth clients 
 globally, we have developed a unique understanding of their mindset, 
 motivations and core values. We join forces with them to create bespoke 
 solutions which are bold, innovative and tailored precisely to their 
 individual needs. The four dimensions of Great Wealth – business, 
 investments, passion, and legacy – form the basis on which we open a 
 dialogue and begin a partnership with our clients across generations for 
 generations, so that Great Wealth endures.
 
 
 About UBS Wealth Management Americas
 
 
 Wealth Management Americas is one of the leading wealth managers in the 
 Americas in terms of financial advisor productivity and invested assets. 
 Its business includes UBS's domestic US and Canadian wealth management 
 businesses, as well as international business booked in the US. It 
 provides a fully integrated set of wealth management solutions designed 
 to address the needs of ultra high net worth and high net worth clients.
 
 
 
 
 
 <img xmlns="http://www.w3.org/1999/xhtml" alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20170425006430r1&amp;sid=benz2&amp;distro=nx&amp;lang=en"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170425006430/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170425006430/en/</a></body></html>

Press Releases

UBS Urges Ultra High Net Worth Families to Develop Strategic Plan for Transfer of Wealth - UBS Gr (NYSE:UBS)

UBS Gr

UBS Urges Ultra High Net Worth Families to Develop Strategic Plan for Transfer of Wealth


OnTap Sports to Help Establishments Increase Foot Traffic and Boost Revenue while Providing Fans a Place to Search Where to Watch Their Favorite Sports Out Of Home


Joe Hand Promotions, the global leader in live sports

Joe Hand Promotions Launches New Business: OnTap Sports


DirectDefense, Inc., an information security services company, today released its &#34;2023 Security Operations Threat Report&#34; which identifies the top threats from 2023 and what&#39;s already trending for 2024. Using its

New Security Operations Threat Report from DirectDefense Highlights Top Threats from 2023 and Emerging Trends for 2024


Stanton to Lead Innovation and Operational Excellence in Company&#39;s Next Growth Phase


COMPLY, a category leader of compliance software, consulting, and education resources for the financial services sector, today

COMPLY Names Michael J. Stanton as New CEO


Concurrent Investment Advisors, LLC (&#34;Concurrent&#34;), a leading multi-custodial, hybrid registered investment adviser (&#34;RIA&#34;), invested heavily in its long-term sustainability with the appointment of four key hires to

Concurrent Taps Seasoned Financial Services Leaders to Helm Recruitment and Next-Gen Talent Growth

TSX:SFTC


Softchoice, a leading software-focused IT solutions provider, was recognized today as number 9 on this year&#39;s Best Workplaces™ in Canada list. Softchoice is one of only two organizations to be included in this

Softchoice named Best Workplace™ in Canada for the 19th consecutive year

ETWO


Support of the new automotive standard for multi-tier supply chain manufacturing processes provides future-proof benefits for e2open clients


E2open Parent Holdings, Inc. (NYSE:ETWO), the connected supply chain SaaS