UBS to Expand FA Network

UBS Wealth Management Americas has announced plans to develop and grow its Corporate Employee Financial Services (CEFS) business.

The CEFS group delivers equity compensation plan services and support for stock options, restricted grant awards, performance grant awards, stock appreciation rights, and employee stock purchase plans. The group also offers financial education programs and various wealth management and executive services for plan participants, UBS said.

Some of the future enhancements planned include an expansion of the company’s financial adviser network, platform service upgrades, enhanced self-service features to provide corporate clients more choice and flexibility, and increased financial education and executive services programs for participants, according to a company announcement.

Currently service features of UBS’ CEFS business include:

  • A choice of full and partial plan administration service models;
  • A national network of specially certified financial advisers to make advice and guidance available to participants through financial education and executive services;
  • Financial adviser outreach programs to notify participants of plan related events such as expiring options and new grants;
  • Customized plan reporting and tracking – including an FAS 123 reporting tool through online Web administration;
  • A participant Web site in seven languages with simplified PIN and single sign-on access from company intranet portals;
  • Complete transaction reporting with electronic notifications and alerts; and
  • Foreign exchange rates.

“Continuing to enhance and expand this business allows us to help clients pursue their equity compensation goals and help participants consider their equity awards as a component of their entire wealth management,” said James D. Price, Co-Head, Wealth Management Advisor Group US, in the announcement.

More information can be found at