UBS Wealth Management To Relocate Houston Operation

Robbie Lawther

19 October 2018

UBS Wealth Management USA is relocating its Houston, Texas Galleria branch office.

It will move its offices from 5065 Westheimer Road to Town Centre 1, 750 Town and Country Boulevard on March 1, 2019, it said in a statement.

The new office, which will be located on the fourth floor of Town Centre 1 and occupied by 60 UBS employees, will be responsible for just under $6 billion in client assets.

Brad Bishop, a branch manager at UBS in Houston, will run the office.

"Our goal is to bring the vast resources of the world's leading wealth manager to our local clients and residents within the Houston area", said Craig Vandegrift, market head for Houston, Texas at UBS Wealth Management USA. "We are excited to expand our footprint to the west side of Houston. It is a vibrant part of the city that is growing at a rapid pace and our new office in Town Centre 1 shows our strong, long-term commitment to the area".