Guiding generational wealth

Private Wealth Management

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A legacy isn’t built overnight. It demands years of trusted collaboration focused on shared vision and purpose. We believe lasting legacies are often the result of well-informed choices and thoughtful decision-making. But given today’s many uncertainties and challenges, can you preserve all you’ve achieved and ensure that it endures for your family and their future?


For more than 20 years, exceptional families across the globe have chosen our team to help them manage their wealth for continuity. With decades of diverse experience combined with our forward thinking, we provide critical investment insight—especially in an industry that is constantly evolving. Accessing our broad network of large family offices and aligning the institutional expertise and solutions of the UBS Private Wealth Management, UBS Investment Bank, Family Office Services Group and the Family Advisory and Philanthropy Services team, we strive to deliver bespoke opportunities that embrace your family’s financial and human capital.


With our diverse credentials and collective perspectives and the full scope of resources from a global leader in Private Wealth Management, we are solely focused on helping you preserve your legacy and enhance its value for generations to come.

  • Ajay Desai

    Ajay Desai

    Managing Director–Wealth Management

    Private Wealth Advisor

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    • AL
    • AZ
    • CA
    • CO
    • DE
    • FL
    • GA
    • IA
    • ID
    • IL
    • IN
    • KS
    • LA
    • MA
    • MD
    • MI
    • MN
    • MO
    • MT
    • NC
    • NE
    • NJ
    • NM
    • NY
    • OH
    • OR
    • RI
    • TN
    • TX
    • VA
    • VI
    • WA
    • WI
    • WY

    Delivering the advice and solutions exceptional families seek
    As the senior partner on his team, Ajay is lead Advisor and relationship manager for their most sophisticated clients and prospects. He is an architect of the team’s strategic vision and also advises on asset allocation and alternative investments, given his deep capital markets expertise.

    As a Private Wealth Advisor and Family Office Consultant (FOC), Ajay has a particular focus on managing generational wealth and philanthropic planning. With access to the extensive global resources of UBS, he and the team provide solutions to challenging problems and concerns of ultra-high net worth clients, and more specifically to those facing exceptional families.

    FOC is a UBS business designation reserved for Financial Advisors with a track record of understanding the investment, business, passion and legacy needs of sophisticated clients and aligning them to the full suite of UBS capabilities. FOCs undergo rigorous training to strengthen their industry knowledge.

    Previous experience

    • Morgan Stanley Private Wealth Management
    • Merrill Lynch Private Bank
    • Founded and operated hedge fund
    • Co-founded cash management firm
    • Consultant with Accenture (formerly Anderson Consulting)

    FINRA registrations and designations

    • Series 3, 7 and 66 securities licenses

    Life

    • Ajay has three children, all active in sports that he thoroughly enjoys watching.
    • He is a fitness enthusiast who plays tennis regularly.
    • Ajay supports his personal charity for education and mentors young entrepreneurs.
    • He was elected and sits on the Board of Governors for Iowa State University, his alma mater, and is active with Pi Kappa Phi, his fraternity.
    • Barron's Top 1,200 Financial Advisors, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022
      The Barron's rating is awarded annually in March and is based on information from the prior year Q3. 
    • Forbes Best-in-State Wealth Advisors, 2020, 2021, 2022The Forbes rating is awarded annually in January or February and is based on information from June of the prior year to June of the award year. 

    • Booth School of Business, University of Chicago, M.B.A.
    • Iowa State University, B.B.A.
    • Private Wealth Advisor
    • Family Office Consultant
    • Series 3, 7 and 66 securities licenses
    Family Offices
    Philanthropy
    Alternative investments
    Lending services
    Estate planning strategies
    Asset allocation
    Sustainable investing
    Multi-generational families
    One North Wacker Drive
    Suite 3300
    Chicago, IL 60606
  • James Stirling

    James Stirling

    Financial Advisor

    Chartered Financial Analyst®

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    • AL
    • AZ
    • CA
    • CO
    • DE
    • FL
    • GA
    • IA
    • ID
    • IL
    • IN
    • KS
    • LA
    • MA
    • MD
    • MI
    • MN
    • MO
    • MT
    • NC
    • NE
    • NJ
    • NM
    • NY
    • OH
    • OR
    • RI
    • TN
    • TX
    • VA
    • VI
    • WA
    • WI
    • WY

    Managing wealth with the experience and wisdom of five decades
    Jim has been at the firm for more than 56 years, including positions at the UBS Investment Bank and Private Wealth Management, as well as serving as the chairman of the UBS Midwest Advisory Board. It’s in his Private Wealth career that Jim feels he truly delivers value to our clients. It brings him great satisfaction to work with his team of professional, caring Advisors who are completely committed to helping clients and their families achieve their goals, while delivering all aspects of the firm.

    Previous experience

    • UBS Private Wealth Management
    • UBS Investment Bank (50 of 56 years at UBS)
    • Assistant to US Secretary of Commerce, Elliot Richardson during the Ford Administration

    FINRA registrations and designations

    • Chartered Financial Analyst®
    • Series 3, 7 and 66 securities licenses

    Life

    • Jim cares deeply about his community and is passionate about participating and staying involved in the issues that affect all of us.
    • He is the founding chairman of the Northwestern Medicine Professional Council for Philanthropy and former Chairman at Northwestern Memorial Management Company.
    • Jim is Vice Chairman of the Metropolitan Planning Council, and formerly the CFA Leadership Council of Chicago.
    • He also served as Trustee of the Chicago Symphony Orchestra.

     

      • Stanford University, M.B.A.
      • Princeton University, B.A.
      • Chartered Financial Analyst®
      Cash management
      Philanthropy
      Family Offices
      One North Wacker Drive
      Chicago, IL 60606
    • Ross

      Ross Siegel

      Senior Vice President–Wealth Management

      Private Wealth Advisor

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      • AL
      • AZ
      • CA
      • CO
      • DE
      • FL
      • GA
      • IA
      • ID
      • IL
      • IN
      • KS
      • LA
      • MA
      • MD
      • MI
      • MN
      • MO
      • MT
      • NC
      • NE
      • NJ
      • NM
      • NY
      • OH
      • OR
      • RI
      • TN
      • TX
      • VA
      • VI
      • WA
      • WI
      • WY

      Ross specializes in advising wealthy clients and their families with regard to their entire financial picture. He and the team leverage the resources of UBS while developing a deep understanding of the client’s needs and objectives. Each client requires a unique solution as all have their own individual circumstances in terms of family, liquidity, cash flow, goals, and more. This approach provides every client with the access and resources of a global wealth management firm while enjoying the benefits of a boutique relationship.

      Previous experience

      • Prior to joining UBS in 2020, Ross spent 12 years in private banking with J.P. Morgan and Citigroup in Chicago.
      • That followed two years as a financial advisor with Edward Jones. 
      • Ross first entered the financial industry in 2002 when he traded futures at the Chicago Mercantile Exchange leading to the formation of a market neutral hedge fund which he managed until 2007.
      • Previously Ross worked in business development for Transora Corporation, a business to business exchange in the consumer packaged goods industry, as well as a Global Business Analyst for Baxter Healthcare, where he had the opportunity to live in Vienna, Austria.

      Education

      • Ross has a BBA in both Accounting and Management from the University of Wisconsin School of Business in Madison.

       

      Life

      • Ross and his wife Heather reside in Deerfield, IL with their three children, Hayden, Isabelle, and Brenden and their dog, Badger.
      • When not attending a hockey, dance, or volleyball activity, Ross attempts to play golf and enjoys spending time with family and friends.

        • Wisconsin School of Business- Madison, B.B.A.
        • Private Wealth Advisor
        • Series 7 and 66 securities licenses
        • Certified Exit Planning Advisor
        Business owners
        Estate planning strategies
        Alternative investments
        Family Offices
        Corporate executives
        Sustainable investing
        One North Wacker Drive
        Suite 3700
        Chicago, IL 60606
      •  Randy Bruns

        Randy Bruns

        Senior Wealth Strategy Associate

        Chartered Financial Analyst®

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        • AZ
        • CA
        • CO
        • DE
        • FL
        • GA
        • IA
        • ID
        • IL
        • IN
        • LA
        • MA
        • MD
        • MI
        • MN
        • MT
        • NC
        • NE
        • NJ
        • NY
        • OH
        • OR
        • PR
        • RI
        • TX
        • VA
        • WA
        • WI
        • WY

        Focus:  Capital Markets Solutions & Trading, Cash Management and Analysis

        Prior Roles: Registered Marketing Associate at Morgan Stanley Smith Barney; Trader on Municipal Bond Desk with Merrill Lynch

        Education: B.S. in Finance, Miami of Ohio University

          • Miami of Ohio University, B.S. in Finance
          • Chartered Financial Analyst®
          • Series 3, 7 and 66 securities licenses
          One North Wacker Drive
          Suite 3700
          Chicago, IL 60606
        • Grace

          Grace Hemmer

          Senior Wealth Strategy Associate

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          • AZ
          • CA
          • CO
          • DE
          • FL
          • GA
          • IA
          • IL
          • IN
          • KS
          • LA
          • MD
          • MI
          • MN
          • MT
          • NE
          • NJ
          • NY
          • OH
          • OR
          • RI
          • TX
          • WI
          • WY

          Focus: Portfolio & capital markets analysis, performance reporting and team administration

          Education: B.A. in Psychology from the University of Michigan

            • University of Michigan, B.A. in Psychology
            • Series 7 and 66 securities licenses
            One North Wacker Drive
            Suite 3700
            Chicago, IL 60606
          A comprehensive approach

          A comprehensive approach

          Connecting families to capabilities that matter

          Connecting families to capabilities that matter

          From meaningful lives to purposeful legacies

          From meaningful lives to purposeful legacies

          Global Philanthropy Report

          Global philanthropy

          Global philanthropy holds immense promise in the 21st century. Global giving is growing, gaining visibility and creating much-needed change around the world. With philanthropic institutions spanning the globe, comprising over 260,000 foundations,1 The opportunities to participate are vast. Read about how in the Global Philanthropy Report.

          1 Global Philanthropy Report

          Backed by the strength of UBS

          A global leader in wealth management

          $2.8 trillion

          In invested assets globally 
          As of 06/30/2022

          51 countries

          Our global footprint

          Global leader

          UBS is a world-leading wealth manager