The Jersey office now has a team of 12 trained client advisers – probably the largest unit in the Channel Islands dedicated to wealthy Island residents.
David Baker, executive director of the UBS wealth management division, said: ‘The integration of the Laing and Cruickshank’s Jersey team with UBS has been an important component in the success of the last year.
At the same time we have continued a policy of recruiting specialist staff to build up the size and capabilities of our team.