The UBS Global Financial Intermediaries team in Jersey (FIM Jersey) has been providing a dedicated offering to discretionary fund managers/external asset managers, family offices and funds for more than 15 years
the FIM jersey model creates a triangular arrangement between the end-client, the discretionary fund managers (DFMs) or external asset managers (EAMs) and UBS Jersey.
The result is a bespoke client experience where the DFMs/EAMs’ investment strategy and client relationship are supported by a stable and diversified Tier 1 bank.
Our independent team is designed to support DFMs/EAMs with the running of their book and our strategy is focused on helping them grow. We also provide professional trade and custodial facilities to ensure the client experience is at the forefront of every action.
As part of UBS Wealth Management, our group-wide data is also made available, namely our renowned UBS Chief Investment Office (CIO) research, analysts, funds and alternative investments.
Whether the DFM/EAM is an established asset manager looking to diversify their custodial options, or a newly launched enterprise in need of a platform to launch their business, FIM Jersey is happy to discuss a solution.
Jersey Private Funds
FIM Jersey has provided banking services to UBS Private Market Funds for more than a decade.
With their continuing popularity, FIM Jersey is now targeting Jersey Private Funds (JPFs) that require custody of traditional bankable assets such as equities, fixed income and funds.
A dedicated offering, including the ability to provide Lombard lending directly to JPFs, is in the pipeline and is due to be rolled out later this year.
The FIM Jersey team
Our team is professionally qualified and experienced in managing professional and private clients directly, so we understand the needs of both you and your clients.
We undertake the role of your middle and back office, reducing your administrative burden.
UBS Jersey has the ultimate combination of an award-winning brand, service offering and dedicated people, to help grow your business. With our platform and team based in Jersey, the FIM Jersey offering is truly offshore.
• Helen Ollivro, Executive Director, is Head of FIM UK and Jersey.
Helen has more than 25 years of experience in the financial services industry in a client-facing role, including 15 years within FIM Jersey.
In addition to running the FIM UK and Jersey, Helen is a member of the UBS Jersey Location Board. Helen is a Chartered Wealth Manager and has completed the CISI PCIAM qualification.
“We are a solution-orientated team, passionate about people and financial services. We believe in putting you and your clients at the heart of everything we do. By partnering with our highly effective team and allowing us to become your middle and back office, you can focus on what is important to you – your clients.”
Helen Ollivro, Head of FIM UK and Jersey
Contact
Tel: +44 (0)1534 701031
Email: helen.ollivro@ubs.com
• William Grant, Associate Director, has amassed over 18 years’ experience in financial services. Some 14 of these have been at UBS Jersey, heading a trade and execution desk for our UK-resident/non-domiciled clients (RnD) client base before joining FIM Jersey in 2020.
Will has experience in wealth management and a proven track record in managing relationships with private clients and intermediaries. He is a Client Advisor with FIM Jersey, developing and servicing relationships with DFMs/EAMs. Will is CISI Level 4 qualified and an Associate of the CISI.
“Our asset-backed lending offering has generated considerable interest from our DFMs/EAMs. We do not charge an arrangement fee; the margins are competitive, and the drawdown is available in all major currencies on a fixed or floating basis.”
William Grant, Client Advisor
Contact
Tel: + 44 (0)1534 701035
Email: will.grant@ubs.com
• Brendan Monks, Director, has spent 15 years within the banking industry in several management and client-facing roles.
Brendan started in retail banking, progressing rapidly, managing several teams and gaining valuable experience in delivering good customer service. In 2012, he moved into wealth management, working with RnD clients.
Brendan joined UBS and FIM Jersey in 2015 and acts as a Senior Client Advisor. He is a Chartered Fellow of the CISI and has completed the CISI PCIAM qualification.
“In FIM Jersey we adapt and overcome issues pragmatically – we don’t just say ‘no’ when confronted with something out of the norm. This is second nature to us and is often required to find creative solutions. We have a talented team of individuals and each has key strengths and a deep knowledge base to draw upon.”
Brendan Monks, Senior Client Advisor
Contact
Tel: + 44 (0)1534 701126
Email: Brendan.monks@ubs.com
UBS AG, Jersey Branch is authorised and regulated by the Jersey Financial Services Commission for the conduct of banking, funds and investment business. © UBS 2022. All rights reserved.
• This advertising feature was first published in the City Edition of Businesslife magazine in August 2022
WHY FIM JERSEY?
Our core services
• Global custody
• Stock execution and settlement – across the world’s leading exchanges
• Delivery/receipt vs payment stock settlement with your preferred broker
• Lombard lending via secured overdraft, fixed-term advances and bank guarantees
• UK mortgages
• Foreign exchange/hedging
• Research and UBS Chief Investment Office events
• Regular service review meetings
• Daily MIFID II compliant reporting
• SWIFT messaging capabilities
Our additional services
• Aviation finance
• Commercial real-estate lending
• Philanthropic advisory services
Location Jersey is a leading international finance centre. The island maintains one of the strongest regulatory frameworks, as acknowledged by independent assessments conducted by the Organisation for Economic Co-operation and Development (OECD), World Bank and International Monetary Fund (IMF).
Strength UBS is one of the world’s largest and strongest banks, and unlike other global banks, the only one whose dominant business is wealth management.
Global platform We provide access to the breadth of the global FIM offering to facilitate booking clients in multiple jurisdictions.
Relationships We do more than just banking; we create and maintain long-term relationships.
Dedicated onboarding team We have knowledgeable, client-facing specialists that will guide you through the onboarding process, striving to achieve a ‘right first time’ result. We understand that first impressions count.