Global insight for generations

Private Wealth Management

At New Columbia Advisors we understand highly successful families. Growing and preserving your complex wealth requires innovative approaches and global solutions. Working within the exclusive Private Wealth Management division of UBS, our team offers you expansive access to the full scope of the firm’s institutional, asset management and wealth management resources. Our trading and investment platforms, along with equity and debt research in every market, product class and currency, can provide you with opportunities that are truly “without borders.“

Whatever your goals—from retirement and next generation planning to pre- sale business strategies to development for your nonprofit—our experience and elite professional network can inform your decisions and provide an ongoing source of confidence today and for generations to come.

Make decisions with confidence

James Michael New

Managing Director–Wealth Management

Financial Advisor
View bio Industry recognition
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IL
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Portfolio implementation, analysis and risk management
Within New Columbia Advisors practice, James focuses primarily on investment strategy. He understands that his clients have spent considerable time and effort building their wealth. He and his team take their responsibility to help grow, preserve and pass on that wealth very seriously. They have built meaningful relationships with clients and their family members through many years of consistent communication.

“You can’t go back and change the beginning, but you can start where you are and change the ending.”

— C.S. Lewis

Previous Experience
- Director, Credit Suisse Private Bank
- Principal, Sanford C. Bernstein & Company
- The Staubach Company
- Trammell Crow Company
Life
- Jim is a Member of the Advancement Committee, Investment Committee and Annual Fund Committee for St. Albans School.
- He is a Buildings and Grounds Committee Member and Neighborhood Liaison for the National Cathedral School.
- Jim is a former Board of Trustees Member, Executive Committee Member, Strategic Plan Chair and Investment Committee Chair for Beauvoir, the National Cathedral Elementary School.
- He is a former Investment Committee Chair and Finance Committee Member for the Protestant Episcopal Cathedral Foundation.
- Jim and his wife, Melanie, enjoy spending time with their four children, Henry, Charlie, Miles and Amelia.
- Barron’s Top 250 Private Wealth Management Teams, 2025, 2026The Barron's rating is awarded annually in May based on information from the prior year Q4.
- Barron's Top 1,200 Financial Advisors, 2020, 2021, 2022, 2023, 2024, 2025
  The Barron's rating is awarded annually in March and is based on information from the prior year Q3.
- Barron's Top 1,500 Financial Advisors, 2026The Barron's rating is awarded annually in March based on information from the prior year Q3.
- Forbes Best-in-State Wealth Advisors, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026The Forbes rating is compiled by Shook Research and awarded annually in April based on information from a 12 month period ending June of the prior year.
- Forbes Best-in-State Wealth Management Teams, 2026The Forbes rating is compiled by Shook Research and awarded annually in January, based on information from a 12 month period ending March of the prior year.
- Forbes Top Wealth Management Teams & Forbes Top Private Wealth Management Teams, 2025The Forbes rating is compiled by Shook Research and awarded annually in November based on information from a 12 month period ending in March of the award year.
- Washington & Lee University, B.A., history
- Series 7, 31 and 66 securities licenses
Family Offices

Multi-generational families

Exit planning

Business succession

Hedge Fund managers

Business owners

1700 M Street NW
5th Floor
Washington, D.C., DC 20036

james.new@ubs.com

James Michael New

1700 M Street NW,Washington, D.C.,DC,20036
Justin Mendelson

Registered Client Associate
View bio
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Justin is committed to forming genuine, personal connections with our clients. He builds long term relationships with our clients and their families. He is passionate about helping our clients reach their personal and financial goals and building their own legacy.

He became a member of New Columbia Advisors in 2024 and now supports individuals and families with portfolio management, investment solutions, and wealth planning needs. Justin is very detail oriented and proactive, helping ensure clients receive responsive and thoughtful service. He holds a B.S. in Communications from Syracuse University and his Series 7 and 66 securities licenses.

Justin is originally from Montville, NJ. He now lives with his wife in New York City. He is an avid sports fan, and his hobbies include playing and watching sports, trying new food, and traveling.
1285 Avenue Of The Americas
New York, NY 10019

justin.mendelson@ubs.com

Justin Mendelson

1285 Avenue Of The Americas,New York,NY,10019
Elizabeth Marshall

Registered Client Associate
View bio
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IL
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Elizabeth joined UBS in 2025 following her graduation from Washington and Lee University, where she studied Mathematics and Data Science. During her time at W&L, she competed on the University’s Varsity Equestrian team and Club Squash team. Elizabeth takes an attentive approach and invests time upfront to truly understand each client’s unique needs. She works diligently to deliver an excellent client experience and assists with investment strategies, portfolio management, and financial reporting. She holds the Series 7 and 66 licenses.

Outside of work, Elizabeth enjoys participating on her alma mater's Alumni Admissions Committee, tutoring students in mathematics, and trying new restaurants in New York.
1285 Avenue Of The Americas
New York, NY 10019

elizabeth.marshall@ubs.com

Elizabeth Marshall

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

Judy Spalthoff Montero

Managing Director

Head of Family Office & UHNW Client Services

View bio
Ann Bjerke

Managing Director

Head of Advanced Planning

View bio
Brian Hans

Executive Director

Head, Tax Efficiency Planning Strategist

View bio
Brian Formento

Managing Director

Family Office Specialist

View bio

Introduction

Brian is a Family Office Specialist within UBS Global Wealth Management, dedicated to delivering solutions for Ultra High Net Worth (UHNW) and Family Office clients. In this capacity, he partners closely with Financial Advisors to address client’s most sophisticated needs, leveraging the full breadth of the firm’s global wealth management capabilities. Brian is dually registered with UBS Financial Services Inc. and UBS Securities LLC, ensuring close collaboration across Global Wealth Management, including the UHNW Plus and Global Family & Institutional Wealth (GFIW) Americas teams.

Professional History

Prior to joining 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.

Education, Licenses, and Certifications

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 holds the following registrations: 7,24,3,63,66,55, and Life and Health Insurance.

James Michael New

Managing Director–Wealth Management

Financial Advisor
View bio Industry recognition
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IL
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Portfolio implementation, analysis and risk management
Within New Columbia Advisors practice, James focuses primarily on investment strategy. He understands that his clients have spent considerable time and effort building their wealth. He and his team take their responsibility to help grow, preserve and pass on that wealth very seriously. They have built meaningful relationships with clients and their family members through many years of consistent communication.

“You can’t go back and change the beginning, but you can start where you are and change the ending.”

— C.S. Lewis

Previous Experience
- Director, Credit Suisse Private Bank
- Principal, Sanford C. Bernstein & Company
- The Staubach Company
- Trammell Crow Company
Life
- Jim is a Member of the Advancement Committee, Investment Committee and Annual Fund Committee for St. Albans School.
- He is a Buildings and Grounds Committee Member and Neighborhood Liaison for the National Cathedral School.
- Jim is a former Board of Trustees Member, Executive Committee Member, Strategic Plan Chair and Investment Committee Chair for Beauvoir, the National Cathedral Elementary School.
- He is a former Investment Committee Chair and Finance Committee Member for the Protestant Episcopal Cathedral Foundation.
- Jim and his wife, Melanie, enjoy spending time with their four children, Henry, Charlie, Miles and Amelia.
- Barron’s Top 250 Private Wealth Management Teams, 2025, 2026The Barron's rating is awarded annually in May based on information from the prior year Q4.
- Barron's Top 1,200 Financial Advisors, 2020, 2021, 2022, 2023, 2024, 2025
  The Barron's rating is awarded annually in March and is based on information from the prior year Q3.
- Barron's Top 1,500 Financial Advisors, 2026The Barron's rating is awarded annually in March based on information from the prior year Q3.
- Forbes Best-in-State Wealth Advisors, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026The Forbes rating is compiled by Shook Research and awarded annually in April based on information from a 12 month period ending June of the prior year.
- Forbes Best-in-State Wealth Management Teams, 2026The Forbes rating is compiled by Shook Research and awarded annually in January, based on information from a 12 month period ending March of the prior year.
- Forbes Top Wealth Management Teams & Forbes Top Private Wealth Management Teams, 2025The Forbes rating is compiled by Shook Research and awarded annually in November based on information from a 12 month period ending in March of the award year.
- Washington & Lee University, B.A., history
- Series 7, 31 and 66 securities licenses
Family Offices

Multi-generational families

Exit planning

Business succession

Hedge Fund managers

Business owners

1700 M Street NW
5th Floor
Washington, D.C., DC 20036

james.new@ubs.com

James Michael New

1700 M Street NW,Washington, D.C.,DC,20036
Justin Mendelson

Registered Client Associate
View bio
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Justin is committed to forming genuine, personal connections with our clients. He builds long term relationships with our clients and their families. He is passionate about helping our clients reach their personal and financial goals and building their own legacy.

He became a member of New Columbia Advisors in 2024 and now supports individuals and families with portfolio management, investment solutions, and wealth planning needs. Justin is very detail oriented and proactive, helping ensure clients receive responsive and thoughtful service. He holds a B.S. in Communications from Syracuse University and his Series 7 and 66 securities licenses.

Justin is originally from Montville, NJ. He now lives with his wife in New York City. He is an avid sports fan, and his hobbies include playing and watching sports, trying new food, and traveling.
1285 Avenue Of The Americas
New York, NY 10019

justin.mendelson@ubs.com

Justin Mendelson

1285 Avenue Of The Americas,New York,NY,10019
Elizabeth Marshall

Registered Client Associate
View bio
- AR
- CA
- CO
- CT
- DC
- DE
- FL
- GA
- IL
- IN
- LA
- MA
- MD
- ME
- MN
- NC
- NJ
- NM
- NY
- OH
- PA
- SC
- TN
- TX
- VA
Elizabeth joined UBS in 2025 following her graduation from Washington and Lee University, where she studied Mathematics and Data Science. During her time at W&L, she competed on the University’s Varsity Equestrian team and Club Squash team. Elizabeth takes an attentive approach and invests time upfront to truly understand each client’s unique needs. She works diligently to deliver an excellent client experience and assists with investment strategies, portfolio management, and financial reporting. She holds the Series 7 and 66 licenses.

Outside of work, Elizabeth enjoys participating on her alma mater's Alumni Admissions Committee, tutoring students in mathematics, and trying new restaurants in New York.
1285 Avenue Of The Americas
New York, NY 10019

elizabeth.marshall@ubs.com

Elizabeth Marshall

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

Judy Spalthoff Montero

Managing Director

Head of Family Office & UHNW Client Services

View bio
Ann Bjerke

Managing Director

Head of Advanced Planning

View bio
Brian Hans

Executive Director

Head, Tax Efficiency Planning Strategist

View bio
Brian Formento

Managing Director

Family Office Specialist

View bio

Introduction

Brian is a Family Office Specialist within UBS Global Wealth Management, dedicated to delivering solutions for Ultra High Net Worth (UHNW) and Family Office clients. In this capacity, he partners closely with Financial Advisors to address client’s most sophisticated needs, leveraging the full breadth of the firm’s global wealth management capabilities. Brian is dually registered with UBS Financial Services Inc. and UBS Securities LLC, ensuring close collaboration across Global Wealth Management, including the UHNW Plus and Global Family & Institutional Wealth (GFIW) Americas teams.

Professional History

Prior to joining 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.

Education, Licenses, and Certifications

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 holds the following registrations: 7,24,3,63,66,55, and Life and Health Insurance.

The proof is in our numbers

100+

Collective years of experience

$4.3 billion

Assets under management

Portfolio structuring and risk control

Research and rigor drive our manager selection process. We have deep expertise in evaluating a range of investment portfolios and allocations—our recommendations are based solely on your needs, objectives and comfort level. With access to some of the finest asset managers in the industry, as well as the money management platforms within UBS, we bring clarity, direction and risk-managed performance to your personal portfolio strategy or business.

Each member of our team contributes unique expertise that enables us to thoroughly and critically evaluate a changing marketplace. What’s more, our decisions are based on our own rigorous due diligence of investments and managers. We help you focus on the long-term “big picture” of your strategy, so you can make informed decisions without the day-to-day distractions of market volatility.

Investor-centric global research guides us. Our primary focus is to identify and communicate investment opportunities as well as market risks to support you in preserving and growing your wealth. Everything we do is geared toward ensuring a solid foundation for your investment decisions.

Accessing both UBS global research insights and industry perspectives, we examine geographic growth trends, interest rates and currencies that could impact your portfolio. As we tailor the right solution for you, our extensive network of UBS and industry-leading experts helps to complement and deepen the financial advice we provide.

Pre- and post-sale liquidity planning

Navigate business transition with confidence. Your business is likely one of the greatest investments of your life. The decision to step away isn’t easy. In fact, we’ve found that most business owners simply do not plan their exit, and the result is often costly—both financially and emotionally. Our experienced team has guided many company founders and their families through transition events, particularly exit strategies, via sale or IPO, but we encourage engaging with us sooner rather than later in the process.

Our process begins with critical pre-liquidity planning all the way through execution and closing. Prior to the transaction, we help you develop a personalized strategy to maximize the value of this event so you can confidently pursue your life goals post-sale. To help inform our recommendations about deal structure, valuation opportunities and tax considerations, we’ll coordinate with your attorney and tax advisor as well as our network of both third-party and UBS experts in:

M&A advisory services
Private equity and debt financing
Risk management
Estate planning strategies
Tax management

Investment plans for private endowments

A fiduciary approach to pursuing your funding goals. Fiduciary liability is a top concern for our endowment clients. That’s why we take the time to fully understand your organization’s unique financial situation and deliver an investment plan that fits with your needs and long-term goals.

Similar to managing wealth for successful families, earning your trust and that of your investment committee will help us build consensus that ultimately can help us help you pursue your goals. Accountability and transparency guide our decision- making process as we work to:

Formalize and implement an investment policy statement
Review the investment process and maintain appropriate documentation
Provide ongoing monitoring and reporting
Facilitate communication and provide education

Helping women take charge

Navigating opportunities across your enterprise

Sustainability matters

Two brothers. One inheritance.

How will their story unfold?

Inheritance is about more than money. It’s about navigating family, history and your future. See how two brothers decide what to hold onto, what to let go and how to move forward.

If you’re going through a wealth transfer event like an inheritance, death or divorce, our experienced guidance can help give you more confidence.

A leader in wealth management

Backed by the strength of our parent company, UBS AG

^$7 trn

UBS Group invested assets
As of 12/31/2025

51 countries

Our global footprint

Global leader

UBS is a leading and truly global wealth manager

Global insight for generations

Private Wealth Management

James Michael New

Justin Mendelson

Elizabeth Marshall

Judy Spalthoff Montero

Ann Bjerke

Brian Hans

Brian Formento