UBS Results Presentation Deck
Wealthfront - Transaction overview
Overview
Valuation and financial
impact
Governance, leadership
and branding
Timing
UBS Wealthfront
• UBS has agreed to acquire Wealthfront, an industry-leading, digital wealth management provider
serving the next generation of investors
• Based in Palo Alto, California with 238 employees
Wealthfront has > 470k clients with >27bn AuM as of 28.1.22
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• All-cash transaction of USD 1.4 billion, financed by existing capital resources
Expected CET1 capital ratio reduction of ~40bps upon closing
Marginally EPS accretive
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Wealthfront will become a wholly-owned subsidiary of UBS
Seamless client transition with no change to the client experience
Wealthfront leadership to remain in place, led by current CEO
• The transaction is expected to close in the second half of 2022
Subject to closing conditions, including regulatory approvals
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