UBS Financial Services employees moved into their new offices on the second floor of the BWB Building along Third Street in Jamestown on April 9, but they waited to celebrate the new location with a grand opening ribbon cutting ceremony Wednesday.
Headquartered in Zurich and Basel, Switzerland, UBS is a client-focused financial services firm that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. By delivering a full range of advice, products and services to its private, corporate and institutional clients, UBS aims to generate sustainable earnings, create value for its shareholders and become the choice of clients worldwide.
Prior to the move to its new location, UBS had two locations in Jamestown. Todd Hnatyszyn, UBS financial adviser, said the company has been in the Jamestown area for about 35 years, spending the last 15 years at its Foote Avenue location. Plus, the company had an office in the old BWB building along Fifth Street. The new location is due in part to the business' achievements.
Jamestown Mayor Sam Teresi celebrates the grand opening of the new UBS Financial Services location on the second floor of the BWB Building with employees Wednesday.
P-J photo by Dennis Phillips
''It's really a success story. The office grew, so we needed more room," Hnatyszyn said.
With the combining of both offices into one location, Hnatyszyn said business has become more efficient and has added a new intangible element that is helping company productivity.
''There is just a new added energy now in the office,'' he said. ''There is just something new to enjoy, like more room. The office doubled in size.''
The 15 employees moving into the BWB Building is all part of UBS Financial Services investing in downtown Jamestown, said Rich Wight, financial adviser.
''I love the office complex. It is just beautiful. Just terrific,'' he said. ''We had a perfect, seamless move. We have more space, an upgrade in technology and it is all state-of-the-art.''
Wight said there were no losses in employees in the move and even though there have been no new additions either, he said hopefully in the future there will be positions added.
''We want the community to know we are a presence in the market place,'' he said.
UBS Financial Services is open from 8 a.m. to 5 p.m. Monday through Friday. For more information, call 338-1810.