Purpose. Passion. Performance.

Private Wealth Management

Areas of expertise

Pre- and post-transaction planning for founders and business owners
Wealth transfer and education for multigenerational families
Bringing clarity and stability to complex family issues such as divorce, special needs, and intra-family disputes
Charitable planning and fulfilling philanthropic goals
Strategic asset allocation advice that leverages a best-in-class alternative investment platform
Tailored banking and lending solutions
Retirement Plan and Institutional Consulting

We're ready to listen.

Launch. Grow. Exit your business.

We understand that when it comes to the business you have personally built, you're going to be invested at every level. From launching to growing to ultimately exiting your company our team can help you make smarter decisions each step of the way.

cleaners

Business transition & succession planning

Are you considering an exit from your business? From investment banking to business transition planning to post-liquidity wealth management, we have the experience to help you with your future plans for your business. We can connect you to the resources you need to solve any challenge that may arise.

Business owners are a rare breed

Let our resources help you proceed with passion
You started your business with passion. We can help you bring that same drive to meeting challenges as you thrive and grow. Take advantage of strategic planning and tailored solutions throughout the lifecycle of your business, including life after ownership.

You’re selling within the year

You’re selling within the year

Finalize your trust and estate strategies
Work with us to interview and select the investment banker that works best for you
Finalize your exit plan and focus on getting the best deal for the sale
Coordinate with your investment banker to help create competitive tension among prospective buyers and meet potential acquirers, review offers and negotiate the sale
As needed, prepare employees and managers for the transition
Think about what’s next for you and your future, after the sale

Connect with us

You’re 3 years away from exiting

You’re 3 years away from exiting

Refine your trust and estate strategies with your tax and legal advisors to take advantage of strategies that may increase future net proceeds from a sale*
Begin conducting an analysis of likely buyer interest and sector outlook, trends and business cycles to help identify the right timing of the sale
Build the right pre-sale advisory team, including an investment banker, attorney and CPA
Explore gift and estate strategies to help maximize net proceeds from a sale

Connect with us

You’re considering an exit in 5 years

You’re considering an exit in 5 years

Discuss trust and estate strategies and tax and legal advisors to take advantage of strategies that may increase future net proceeds from a sale*
Fine-tune your business model to be most appealing to a buyer
Make sure business documentation and financial statements are in order
Put together a team to prepare the business and optimize value
Strengthen your management team

Connect with us

Finalize your trust and estate strategies
Work with us to interview and select the investment banker that works best for you
Finalize your exit plan and focus on getting the best deal for the sale
Coordinate with your investment banker to help create competitive tension among prospective buyers and meet potential acquirers, review offers and negotiate the sale
As needed, prepare employees and managers for the transition
Think about what’s next for you and your future, after the sale

Connect with us

Refine your trust and estate strategies with your tax and legal advisors to take advantage of strategies that may increase future net proceeds from a sale*
Begin conducting an analysis of likely buyer interest and sector outlook, trends and business cycles to help identify the right timing of the sale
Build the right pre-sale advisory team, including an investment banker, attorney and CPA
Explore gift and estate strategies to help maximize net proceeds from a sale

Connect with us

Discuss trust and estate strategies and tax and legal advisors to take advantage of strategies that may increase future net proceeds from a sale*
Fine-tune your business model to be most appealing to a buyer
Make sure business documentation and financial statements are in order
Put together a team to prepare the business and optimize value
Strengthen your management team

Connect with us

Business Owner in entryway

Advice for business owners & entrepreneurs

Our process takes you from the initial stages of exit or succession planning all the way through the transaction close. We develop a personalized strategy to help manage the proceeds and achieve your future financial goals—and life goals after you step away.

A focus on personalized access and service

Working with diverse clients with specific needs, our team sees it as our top responsibility to understand each aspect of your unique and often complicated financial life.

Family on back porch

Wealth transfer across generations

Three generations on beach

From success to succession

Philanthropy

What are the causes you are passionate about? Whatever your objectives, we can help you explore new and innovative ways to make a positive impact on the world. Through our network and the UBS Family Advisory and Philanthropy Services, we’ll work with you and family members to help provide education on philanthropy, practical solutions and tax-efficient investment strategies for creating a meaningful and lasting legacy.

family on beach

Creating a legacy for your family’s future

Clients sitting with advisor

Empower your investments

Retirement couple holding surfboards

Retirement planning

Resources and insights

Charitable Giving Rules of the Road

Charitable Giving Rules of the Road

An overview of philanthropic strategies and their impact to help you evaluate different options.

Charitable Giving and Legacy Planning

Charitable Giving and Legacy Planning

Erik Seeney, Wealth Planning Strategist, UBS is joined by Lisa Snyder, Wealth Planning Strategist, UBS who will share key insights that include: Warning signs for wealthy families facing the ‘third generation rule’, How families can prepare future generations for the transfer of wealth, and Creating a culture of gratitude within multi-generational wealthy families.

Planning for the sale of a closely held business

Planning for the sale of a closely held business

A road map to help facilitate the process

Often, the process of selling a business is unknown to the business owner. This may leave them vulnerable to making significant mistakes. This brochure may serve as a general road map for facilitating the sale of a closely held business.

Personal planning for start-up founders

Personal planning for start-up founders

As they say, “failing to plan is planning to fail.” Learn how planning for the personal side of a liquidity event, both before and after the transaction, you can help mitigate risks.

Your primary source for financial advice

We are here to provide quality strategies customized to your needs. We concentrate on developing long-term relationships through a commitment to quality client service. You can rely on our personalized advice, first-class solutions, and extensive wealth management experience.

Dan Chorney

Managing Director–Wealth Management

Financial Advisor
View bio
- CA
- CA
- CO
- CO
- CT
- CT
- DC
- DC
- DE
- DE
- FL
- FL
- GA
- GA
- IL
- IL
- MA
- MA
- MD
- MD
- ME
- ME
- MI
- MI
- MO
- MO
- NC
- NC
- NJ
- NJ
- NY
- NY
- OH
- OH
- OR
- OR
- PA
- PA
- RI
- RI
- SC
- SC
- TN
- TN
- TX
- TX
- VA
- VA
- WA
- WA
Dan is a Manager Director and Financial Advisor in the Private Wealth Management Group at UBS. He has been advising uniquely successful individuals and families on their wealth management needs for more than two decades. Dan’s approach to partnering with his clients is distinctive and deeply personalized, with advice that goes beyond traditional investment strategies to include areas such as tax and estate planning, philanthropy, and family engagement. Dan brings extensive experience guiding founders and executive teams through the sale of private businesses, helping them manage the shift of their net worth from private shares to liquid capital. He also advises private equity professionals, as well as defined-benefit and cash-balance plan assets for closely held businesses and non-profit organizations.

Dan joins UBS from Bernstein Private Wealth Management where he most recently served as a Private Wealth Advisor. He began his career as a Senior Stock Option Specialist at Merrill Lynch in 2002. Dan earned an MBA in Finance and Management from New York University and a bachelor’s degree in psychology from the University of Vermont.

Outside of work, Dan is deeply committed to philanthropy. His oldest son was born with Prader-Willi syndrome (PWS), a rare genetic disorder. Dan and his wife have championed the cause, advocating for children affected by PWS through their support of the Foundation for Prader-Willi Research (FPWR). He served for six years on FPWR's Board, culminating in his role as Board President. Dan resides in Montclair, NJ with his wife and their three children.

Neither UBS Financial Services Inc. nor its employees (including its Financial Advisors) provide tax or legal advice. You should consult with your legal counsel and/or your accountant or tax professional regarding the legal or tax implications of a particular suggestion, strategy or investment, including any estate planning strategies, before you invest or implement.
- New York University , MBA in Finance and Management
- University of Vermont , BA in Psychology
- Portfolio Manager
Lending services

Cash management

Exit planning

Custom portfolios

Alternative investments

Multi-generational families

Entrepreneurs

1285 Avenue Of The Americas
New York, NY 10019

daniel.chorney@ubs.com,daniel.chorney@ubs.com

Dan Chorney

1285 Avenue Of The Americas,New York,NY,10019,1285 Avenue Of The Americas,New York,NY,10019
Stefanie Schechter

Wealth Strategy Associate
View bio
Stefanie joins UBS from Neuberger Berman as a Wealth Strategy Associate. In her role, she is responsible for managing all team operations and client requests, while supporting overall business development for the team. Stefanie earned a Bachelor of Arts in Philosophy from New York University. She lives in New York City, and her interests include travel, music and sports.
1285 Avenue of the Americas
15th, 16th, 17th, & 18th Floors
New York, NY 10019

stefanie.schechter@ubs.com

Stefanie Schechter

1285 Avenue of the Americas,New York,NY,10019

Andrea Sanft

Executive Director

Senior Wealth Strategist

View bio

Andrea works with ultra-high net worth clients of UBS and their financial advisors on issues involving domestic and international estate and tax planning, business succession, wealth transfer, international cross border issues and philanthropic objectives. She focuses on developing and helping clients implement comprehensive strategies to facilitate the preservation, transfer, and management of wealth. Andrea performs thorough reviews of clients' estate planning documents to ensure that each plan accurately reflects the family's goals and objectives in a tax-efficient manner.

Prior to joining UBS in March of 2024, Andrea was a senior wealth strategist for Morgan Stanley Private Wealth Management. Prior to that, she practiced law in the Private Client department of Paul, Weiss, Rifkind, Wharton and Garrison, LLP for over 15 years.

Education
Andrea has an LL.M. in Tax from Boston University and J.D. from St. John’s University School of Law.
Brian Formento

Executive Director

Portfolio Advisory Group/Family Office Solutions Group

View bio

Brian Formento is an Executive Director and Head of Client Solutions and Investment Strategy in Family Office Solutions (FOS). Brian works with Advisors to deliver customized advice to clients of substantial financial wealth and coordinates cross-divisional coverage to ensure UHNW clients and family offices are properly covered by a team comprising relevant FOS specialists.

He also remains a member of the Portfolio Advisory Group specializing in asset allocation and portfolio construction advice for the family office segment, defining risk-based strategies and developing customized investment ideas for the largest clients at UBS. Brian previously was a key member of the Private Wealth Management Alternatives Advisory Board and Private Wealth Management Family Office Strategy Team.

Prior to UBS, Brian was a Managing Director and senior investment strategist for OTC derivatives and alternatives at Deutsche Bank. He also held senior positions at several private investment advisory firms and was head of proprietary fixed income trading North America and desk head of the primary dealer at Paribas Capital Markets, now BNP Paribas.

Brian graduated magna cum laude and with distinction, receiving a B.A. and M.A. in Economics from Boston University. He is a past chair and member of the Economic Department's Board of Advisors for the college and graduate school. Brian, a Chartered Alternative Investment Analyst (CAIA) is a member of the Structured Products Association (SPA) and the Professional Risk Managers' International Association (PRIMA). More recently, Brian has been an industry contributor to curriculum development for the CFA program and has completed Wharton's Private Wealth Executive Education Program and Columbia University’s Earth Institute Investment Academy on Sustainability. He is a trustee for Historic Morven in Princeton, New Jersey. He currently holds the following registrations: 7,24,3,63,66,55, and Life and Health Insurance.
Jack McCombe

Director

Equity, ETF & Options Specialist

View bio
Mehvish Mirza, CFA®

Portfolio Advisory Group Senior Strategist

View bio
Julie Binder

Executive Director

Senior Strategist - Family Advisory and Philanthropy Services

View bio

Professional history
As a Senior Strategist with Family Advisory and Philanthropy Services, Julie works with families on understanding money, values and philanthropic intent in the family wealth context and the dynamic overlap of five types of capital—human capital, intellectual capital, social capital, foundational capital, and financial capital. Family and Philanthropy Advisory is a thought partner to advisors and their exceptional client families on wealth transition, family governance, and philanthropy as families seek guidance on cohesive dialogue between generations to perpetuate their legacy.

Prior to joining UBS Financial Services in 2018, Julie was with Foundation Source, a provider of comprehensive support services for private foundations for nearly a decade. While there, she was responsible for understanding the needs and identifying philanthropic solutions for ultra-high net worth clients and the Private Wealth Advisors who serve them. Julie worked with hundreds of clients to think about the impact of their philanthropy on their families and communities. Before Foundation Source, Julie worked for a boutique consulting firm that specialized in corporate philanthropy, and spent several years in business development for Texas Monthly and New York Magazine.

Education
Julie graduated from the University of Connecticut with a B.S. in Marketing and holds a Fellowship in Charitable Estate Planning from the Charitable Estate Planning Institute. She is an active volunteer with many local community organizations, and lives in Stamford, CT with her husband and two sons.
Chris Kanavos

NMLS #947868

Senior Wealth Management Banker, UBS Bank USA

View bio

Current role and areas of expertise

Chris Kanavos joined UBS Bank USA in 2015 and he is currently a Senior Wealth Management Banker covering the Manhattan Market.

Chris has an extensive background in relationship banking. He is focused on providing Financial Advisors and their clients a variety of cash management resources along with banking solutions that may complement their overall wealth management objectives.

Professional history

Chris worked as a Regional Credit Director and Resident Manager at Merrill Lynch, where he partnered with Executive and Divisional Leadership to drive a credit and lending strategy for the NYC and Long Island Market. He began his Banking career in 1991, where he joined Wells Fargo during his last two years of college. Starting as a Credit Analyst, he was promoted to management shortly after graduating. As a District Manager, he was responsible for managing all aspects of the consumer finance business for initially, all of New York State and then for New York City, growing the market exponentially, from a $50MM business to an $800MM business in a 4-year period.

Education and personal information

In Chris’ role as a Senior Wealth Management Banker his NMLS # is 863109. He holds his Series 7, 24, 63 and 65 securities licenses. He also holds a Bachelor’s Degree with a Double Major in Business and Economics from Stony Brook University.

Chris grew up on the Eastern End of Long Island and has lived in Port Washington since 2002, with his wife Coleen and daughters Sarah and Gabrielle. In his free time, Chris enjoys being outdoors with his family camping, hiking, boating and skiing. He also enjoys exercising and running daily.

Senior Wealth Management Bankers are employees of UBS Bank USA. UBS Bank USA is a subsidiary of UBS Group AG. UBS Bank USA, Member FDIC, NMLS No. 947868. Equal Housing Lender.

Dan Chorney

Managing Director–Wealth Management

Financial Advisor
View bio
- CA
- CA
- CO
- CO
- CT
- CT
- DC
- DC
- DE
- DE
- FL
- FL
- GA
- GA
- IL
- IL
- MA
- MA
- MD
- MD
- ME
- ME
- MI
- MI
- MO
- MO
- NC
- NC
- NJ
- NJ
- NY
- NY
- OH
- OH
- OR
- OR
- PA
- PA
- RI
- RI
- SC
- SC
- TN
- TN
- TX
- TX
- VA
- VA
- WA
- WA
Dan is a Manager Director and Financial Advisor in the Private Wealth Management Group at UBS. He has been advising uniquely successful individuals and families on their wealth management needs for more than two decades. Dan’s approach to partnering with his clients is distinctive and deeply personalized, with advice that goes beyond traditional investment strategies to include areas such as tax and estate planning, philanthropy, and family engagement. Dan brings extensive experience guiding founders and executive teams through the sale of private businesses, helping them manage the shift of their net worth from private shares to liquid capital. He also advises private equity professionals, as well as defined-benefit and cash-balance plan assets for closely held businesses and non-profit organizations.

Dan joins UBS from Bernstein Private Wealth Management where he most recently served as a Private Wealth Advisor. He began his career as a Senior Stock Option Specialist at Merrill Lynch in 2002. Dan earned an MBA in Finance and Management from New York University and a bachelor’s degree in psychology from the University of Vermont.

Outside of work, Dan is deeply committed to philanthropy. His oldest son was born with Prader-Willi syndrome (PWS), a rare genetic disorder. Dan and his wife have championed the cause, advocating for children affected by PWS through their support of the Foundation for Prader-Willi Research (FPWR). He served for six years on FPWR's Board, culminating in his role as Board President. Dan resides in Montclair, NJ with his wife and their three children.

Neither UBS Financial Services Inc. nor its employees (including its Financial Advisors) provide tax or legal advice. You should consult with your legal counsel and/or your accountant or tax professional regarding the legal or tax implications of a particular suggestion, strategy or investment, including any estate planning strategies, before you invest or implement.
- New York University , MBA in Finance and Management
- University of Vermont , BA in Psychology
- Portfolio Manager
Lending services

Cash management

Exit planning

Custom portfolios

Alternative investments

Multi-generational families

Entrepreneurs

1285 Avenue Of The Americas
New York, NY 10019

daniel.chorney@ubs.com,daniel.chorney@ubs.com

Dan Chorney

1285 Avenue Of The Americas,New York,NY,10019,1285 Avenue Of The Americas,New York,NY,10019
Stefanie Schechter

Wealth Strategy Associate
View bio
Stefanie joins UBS from Neuberger Berman as a Wealth Strategy Associate. In her role, she is responsible for managing all team operations and client requests, while supporting overall business development for the team. Stefanie earned a Bachelor of Arts in Philosophy from New York University. She lives in New York City, and her interests include travel, music and sports.
1285 Avenue of the Americas
15th, 16th, 17th, & 18th Floors
New York, NY 10019

stefanie.schechter@ubs.com

Stefanie Schechter

1285 Avenue of the Americas,New York,NY,10019

Andrea Sanft

Executive Director

Senior Wealth Strategist

View bio

Andrea works with ultra-high net worth clients of UBS and their financial advisors on issues involving domestic and international estate and tax planning, business succession, wealth transfer, international cross border issues and philanthropic objectives. She focuses on developing and helping clients implement comprehensive strategies to facilitate the preservation, transfer, and management of wealth. Andrea performs thorough reviews of clients' estate planning documents to ensure that each plan accurately reflects the family's goals and objectives in a tax-efficient manner.

Prior to joining UBS in March of 2024, Andrea was a senior wealth strategist for Morgan Stanley Private Wealth Management. Prior to that, she practiced law in the Private Client department of Paul, Weiss, Rifkind, Wharton and Garrison, LLP for over 15 years.

Education
Andrea has an LL.M. in Tax from Boston University and J.D. from St. John’s University School of Law.
Brian Formento

Executive Director

Portfolio Advisory Group/Family Office Solutions Group

View bio

Brian Formento is an Executive Director and Head of Client Solutions and Investment Strategy in Family Office Solutions (FOS). Brian works with Advisors to deliver customized advice to clients of substantial financial wealth and coordinates cross-divisional coverage to ensure UHNW clients and family offices are properly covered by a team comprising relevant FOS specialists.

He also remains a member of the Portfolio Advisory Group specializing in asset allocation and portfolio construction advice for the family office segment, defining risk-based strategies and developing customized investment ideas for the largest clients at UBS. Brian previously was a key member of the Private Wealth Management Alternatives Advisory Board and Private Wealth Management Family Office Strategy Team.

Prior to UBS, Brian was a Managing Director and senior investment strategist for OTC derivatives and alternatives at Deutsche Bank. He also held senior positions at several private investment advisory firms and was head of proprietary fixed income trading North America and desk head of the primary dealer at Paribas Capital Markets, now BNP Paribas.

Brian graduated magna cum laude and with distinction, receiving a B.A. and M.A. in Economics from Boston University. He is a past chair and member of the Economic Department's Board of Advisors for the college and graduate school. Brian, a Chartered Alternative Investment Analyst (CAIA) is a member of the Structured Products Association (SPA) and the Professional Risk Managers' International Association (PRIMA). More recently, Brian has been an industry contributor to curriculum development for the CFA program and has completed Wharton's Private Wealth Executive Education Program and Columbia University’s Earth Institute Investment Academy on Sustainability. He is a trustee for Historic Morven in Princeton, New Jersey. He currently holds the following registrations: 7,24,3,63,66,55, and Life and Health Insurance.
Jack McCombe

Director

Equity, ETF & Options Specialist

View bio
Mehvish Mirza, CFA®

Portfolio Advisory Group Senior Strategist

View bio
Julie Binder

Executive Director

Senior Strategist - Family Advisory and Philanthropy Services

View bio

Professional history
As a Senior Strategist with Family Advisory and Philanthropy Services, Julie works with families on understanding money, values and philanthropic intent in the family wealth context and the dynamic overlap of five types of capital—human capital, intellectual capital, social capital, foundational capital, and financial capital. Family and Philanthropy Advisory is a thought partner to advisors and their exceptional client families on wealth transition, family governance, and philanthropy as families seek guidance on cohesive dialogue between generations to perpetuate their legacy.

Prior to joining UBS Financial Services in 2018, Julie was with Foundation Source, a provider of comprehensive support services for private foundations for nearly a decade. While there, she was responsible for understanding the needs and identifying philanthropic solutions for ultra-high net worth clients and the Private Wealth Advisors who serve them. Julie worked with hundreds of clients to think about the impact of their philanthropy on their families and communities. Before Foundation Source, Julie worked for a boutique consulting firm that specialized in corporate philanthropy, and spent several years in business development for Texas Monthly and New York Magazine.

Education
Julie graduated from the University of Connecticut with a B.S. in Marketing and holds a Fellowship in Charitable Estate Planning from the Charitable Estate Planning Institute. She is an active volunteer with many local community organizations, and lives in Stamford, CT with her husband and two sons.
Chris Kanavos

NMLS #947868

Senior Wealth Management Banker, UBS Bank USA

View bio

Current role and areas of expertise

Chris Kanavos joined UBS Bank USA in 2015 and he is currently a Senior Wealth Management Banker covering the Manhattan Market.

Chris has an extensive background in relationship banking. He is focused on providing Financial Advisors and their clients a variety of cash management resources along with banking solutions that may complement their overall wealth management objectives.

Professional history

Chris worked as a Regional Credit Director and Resident Manager at Merrill Lynch, where he partnered with Executive and Divisional Leadership to drive a credit and lending strategy for the NYC and Long Island Market. He began his Banking career in 1991, where he joined Wells Fargo during his last two years of college. Starting as a Credit Analyst, he was promoted to management shortly after graduating. As a District Manager, he was responsible for managing all aspects of the consumer finance business for initially, all of New York State and then for New York City, growing the market exponentially, from a $50MM business to an $800MM business in a 4-year period.

Education and personal information

In Chris’ role as a Senior Wealth Management Banker his NMLS # is 863109. He holds his Series 7, 24, 63 and 65 securities licenses. He also holds a Bachelor’s Degree with a Double Major in Business and Economics from Stony Brook University.

Chris grew up on the Eastern End of Long Island and has lived in Port Washington since 2002, with his wife Coleen and daughters Sarah and Gabrielle. In his free time, Chris enjoys being outdoors with his family camping, hiking, boating and skiing. He also enjoys exercising and running daily.

Senior Wealth Management Bankers are employees of UBS Bank USA. UBS Bank USA is a subsidiary of UBS Group AG. UBS Bank USA, Member FDIC, NMLS No. 947868. Equal Housing Lender.

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UBS Group invested assets
As of 12/31/2024

51 countries

Our global footprint

Global leader

UBS is a leading and truly global wealth manager

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UBS Wealth Way

Wealth from your point of view

An approach that works for your entire financial life
Our framework is designed to help you turn your possibilities into a plan. It starts with questions and a conversation to uncover everything that's important to you—beyond your money and wealth. Then, we organize your financial life in a way that gives you confidence you’ll have what you need—when you need it.

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