Street Calls of the Week
ANN ARBOR, Mich. - UBS Global Wealth Management US, a prominent player in the Capital Markets industry with a market capitalization of $120.7 billion, announced Friday that a five-person advisory team, the Mueting Lyczak Group, has joined the firm’s Great Lakes Wealth Management Market.
The team, which includes Financial Advisors Mark Mueting, Dan Lyczak and Dan Fisher, along with team associates Jennifer Kempf and Grant Hulett, previously worked at Merrill Lynch. They will operate from UBS’s newly established Ann Arbor, Michigan office, expanding the firm’s regional presence.
The Mueting Lyczak Group specializes in serving high-net-worth families, business owners and corporate executives.
"With our industry-leading platform and global reach, this talented team of professionals will have the resources to deliver truly differentiated advice and solutions for their clients," said Geoffrey Centner, UBS Great Lakes Market Executive, in a press release statement.
The new Ann Arbor office, located at 315 E. Eisenhower Parkway, will be overseen by Market Director Joe Molloy, who will also lead the firm’s efforts in Plymouth, Michigan.
Jon Ramey, UBS Regional Director for the Central Region, stated the expansion "underscores our continued investment in talented advisors and high-growth markets."
UBS reports it manages $6.1 trillion of invested assets as of the fourth quarter of 2024 and operates in more than 50 markets globally. The company’s stock has shown remarkable strength with a 39% gain over the past six months, while maintaining dividend payments for 14 consecutive years. According to InvestingPro analysis, which offers comprehensive insights on 1,400+ US stocks, UBS maintains a FAIR financial health score, with analysts recently revising earnings expectations upward for the upcoming period. Discover more detailed metrics and 8 additional exclusive ProTips about UBS’s performance and outlook through InvestingPro’s in-depth research reports.
In other recent news, UBS has been the focus of several analyst updates and strategic investments. Deutsche Bank has raised its price target for UBS to CHF36.00, maintaining a Buy rating, citing strong momentum and capital markets tailwinds. Similarly, Goldman Sachs has reiterated its Buy rating with a CHF39.50 price target, following UBS’s response to proposed Swiss regulatory capital measures. These measures could create significant capital challenges for the bank, potentially affecting its international competitiveness.
In another development, UBS has made an equity investment in Domino Data Lab to enhance their partnership in enterprise artificial intelligence development. This investment marks a continuation of their five-year collaboration, although the financial details were not disclosed. Additionally, BofA Securities upgraded UBS from Underperform to Neutral, raising the price target to CHF31.00, based on an improved outlook and expected growth in earnings per share until 2028. These recent developments highlight UBS’s strategic moves and the analysts’ positive outlook on the company’s future prospects.
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