UBS Bolsters South Florida Presence with Hire of Zachary Sobel

UBS Private Wealth Management has strengthened its presence in the South Florida market with the hiring of Financial Advisor Zachary Sobel and his team in Palm Beach Gardens. Sobel, who brings over two decades of experience in financial services, joins UBS from Morgan Stanley, where he managed over $400 million in client assets. His addition to the UBS Florida Market, led by Market Executive Lane Strumlauf and Regional Director Julie Fox, aligns with the firm's global wealth management strategy and regional growth plans.



Sobel's extensive experience in advising individuals, business owners, and families on financial planning and investment matters makes him an invaluable addition to UBS's South Florida team. His track record of managing high net worth client portfolios and attracting significant assets under management contributes to UBS's goal of enhancing profitability within its U.S. wealth management business.

UBS's investment in talent, such as hiring Sobel, is part of a broader strategic initiative to improve profitability and drive sustainable growth. The firm is also focusing on expanding its client reach across wealth segments, investing in advisor services and technology, and pursuing a U.S. national bank charter to enhance lending and banking capabilities.

In the context of UBS's global wealth management ambitions, Sobel's addition to the Florida Market supports the firm's goal of achieving $5 trillion in invested assets by 2028. By attracting experienced advisors like Sobel and expanding its talent base in key South Florida areas, UBS is well-positioned to tap into the growing market and contribute to its overall expansion strategy.

UBS's investment in talent, strategic initiatives, and regional growth plans demonstrate the firm's commitment to enhancing profitability within its U.S. wealth management business and achieving its long-term objectives. With the hiring of Zachary Sobel and his team in Palm Beach Gardens, UBS continues to strengthen its presence in the South Florida market and reinforce its position as a leading global wealth manager.