HP Wealth Management Hires 2 UBS Singapore Bankers as Fee-Based Model Lures Talent
Updated
Updated · finews.asia · Jul 1
HP Wealth Management Hires 2 UBS Singapore Bankers as Fee-Based Model Lures Talent
2 articles · Updated · finews.asia · Jul 1
Summary
Michael Sutter and Alex Grindley have joined HP Wealth Management in Singapore as Senior Relationship Managers after leaving senior wealth roles at UBS.
25 years at UBS helped drive Sutter’s move, with both hires citing HP’s independent, fee-based model and lack of product-selling pressure as better aligned with client interests.
Urs Brutsch said the hires from Asia’s largest wealth manager validate HP’s platform for entrepreneurial advisors building client businesses on trusted relationships.
Founded in 2009, HP is one of Singapore’s oldest independent wealth managers and multi-family offices, and it has recruited from UBS Singapore on earlier occasions.