UBS Wealth Management USA has appointed Stewart Brenner as its chief operating officer, according to US newswire reports. The position is a ...

UBS Wealth Management USA has appointed Stewart Brenner as its chief operating officer, according to US newswire reports. The position is a new one.

Mr Brenner was most recently a founding partner and manager of the East Coast operations for a multifamily office advisory firm, S&Y Asset Management. He has also worked in senior roles at Merrill Lynch and Goldman Sachs.

An internal memo said Mr Brenner joins the bank to “help drive the overall strategic and business development planning for the division”.

He will report to Anthony DeChellis, managing director and head of private wealth management in the US.