NextShares’ exchange-traded managed funds (NextShares) are now available through the UBS Financial Services brokerage platforms and UBS Strategic Advisor, a non-discretionary advisory program.
UBS is the first full-service wealth manager to offer NextShares through its financial advisor network.
“UBS is committed to finding innovative ways to provide our clients with the advice and solutions they need to meet their investment objectives,” says Sam Descovich, Head of Capital Markets Solutions, UBS Wealth Management Americas. “Leading the introduction of NextShares, will enable UBS’s financial advisors to take advantage of the benefits of active management and the latest advances in fund design, with the potential for lower expenses and the tax efficiencies of exchange-trading.”
Stephen W Clarke, President of NextShares Solutions, says: “We are pleased to support UBS in its plans to launch NextShares. UBS’s commitment to doing what’s best for clients makes them an ideal partner for NextShares Solutions and Eaton Vance.”