Australian wealth manager JBWere has entered into a strategic alliance with UBS to boost its wealth management capabilities and offer wider range of products to its private wealth clients.
Through this non-exclusive arrangement, JBWere’s Australian clients can access UBS’s pipeline of equity deals and IPOs as well as domestic and international investment research, covering over 3,000 stocks in Australia, New Zealand and globally.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
JBWere CEO Justin Greiner said: "The alliance with UBS is fantastic for our private wealth clients and will allow them to access a large and diverse range of world-class research and products. The alliance with UBS will allow us to further fulfil this responsibility".
UBS Australasia head of corporate client solutions Anthony Sweetman said: "The strategic partnership both strengthens our distribution network for equity capital market transactions and offers JBWere access to our leading global investment research."
Additionally, NAB has decided to acquire its remaining 19.9% share in JBWere from Goldman Sachs.
NAB Wealth group executive Andrew Hagger said: "We are pleased today to also announce that NAB has purchased the remaining share of JBWere from Goldman Sachs."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataNAB said that JBWere New Zealand will not be affected by this change and will continue to work on its own arrangement with Goldman Sachs.
