Two UBS Private Wealth Advisors Named to Forbes/SHOOK Best-In-State Wealth Advisors List

February 25, 2021 10:22 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

PALM BEACH, Fla.--(BUSINESS WIRE)-- UBS Private Wealth Management announced today that John C. Castronuovo and Robert E. DeForest, Private Wealth Advisors in the firm’s West Palm Beach office, have been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021. This is the third year John and Robert have been named to the list.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210225005770/en/

UBS Private Wealth Management announced today that Robert E. DeForest, Private Wealth Advisor in the firm’s West Palm Beach office, has been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021. (Photo: Business Wire)

UBS Private Wealth Management announced today that Robert E. DeForest, Private Wealth Advisor in the firm’s West Palm Beach office, has been named to the Forbes/SHOOK Research Best-In-State Wealth Advisors list for 2021. (Photo: Business Wire)

“On behalf of the firm, we congratulate John and Rob for this incredible achievement,” said Karl Ruppert, South Florida Complex Director at UBS Private Wealth Management. “Their team continues to make a profound impact on their clients’ lives, and being named to this list for the third year in a row is reflective of their outstanding work.”

John is a Certified Financial Planner, Chartered Advisor in Philanthropy, and Certified Exit Planning Advisor. He began his career in finance in 1987 after graduating with a B.B.A. from the University of Miami. John has an in-depth knowledge of comprehensive wealth management strategies for select entrepreneurs, business owners, executives, as well as charitable organizations. He is a member of the Financial Planning Association, East Coast Estate Planning Council, and Advisors for Philanthropic Impact. John ensures that a client’s plan and financial needs are met by addressing areas that include asset allocation, estate planning, stock option strategies, wealth transfer issues and pre-business sales planning. He currently serves as a board member of Adopt-A-Family of the Palm Beaches, Inc., and currently co-chairs their capital campaign.

Robert began his career in finance in 1997, with previous tenures in the Private Wealth Management Group at Wachovia Securities, before moving to Merrill Lynch where he held multiple roles including Private Wealth Advisor. Robert earned the Certified Investment Management Analyst (CIMA) designation from the Wharton School of Business in 2006. He is the lead portfolio manager within his team, and focuses on portfolio construction for individuals and institutions, investment manager selection and analysis, as well as discretionary portfolio management and custom investment vehicles. Robert is a member of the Investment Management Consultants Association, which enables him to regularly interact with some of the brightest minds in the industry. In addition, he is active in UBS’s Veterans Mentoring Program.

Both John and Robert are members of UBS’s elite President’s Council, a group which consists of the firm’s top advisors.

This year’s Forbes/SHOOK Research Best-in-State Wealth Advisors list is comprised of over 5,000 Advisors across the country, managing more than $6 trillion in client assets. Each advisor is chosen based on an algorithm of qualitative and quantitative measures including phone and in-person interviews, compliance records, and revenue generated for their firms.

For the full list and further information visit: https://www.forbes.com/best-in-state-wealth-advisors.

Notes to Editors

About UBS Global Wealth Management

As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world. Clients who work with UBS benefit from a fully integrated set of wealth management capabilities and expertise, including wealth planning, investment management, capital markets, banking, lending and institutional and corporate financial advice.

About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS's strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 31% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 20% in Asia Pacific. UBS Group AG employs over 68,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

© UBS 2021. All rights reserved. The key symbol and UBS are among the registered and unregistered trademarks of UBS.

Melisa Chantres
EvClay Public Relations
305-261-6222

www.ubs.com

Source: UBS Private Wealth Management



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Business Wire, Press Releases

Related Entities

UBS, Wachovia, BofA/Merrill Lynch