Donald Atherton holds the position of First Vice President of Wealth Management at MainStreet Wealth Management Group of UBS Financial Inc. As a Certified Investment Management Analyst® and Certified Exit Planning Advisor, he brings a wealth of expertise to his role.
In this article, we’ll delve into Don Atherton’s professional background while offering a detailed overview of UBS Private Wealth Management. Additionally, we will examine the Investment Adviser Public Disclosure (IAPD) report and incorporate other important information to provide investors with a comprehensive understanding of these subjects.
Who is Don Atherton?
Don Atherton holds the position of First Vice President–Wealth Management and serves as a Financial Advisor. In this role, he is deeply passionate about positively impacting the financial well-being of American workers.
Don emphasizes the significance of effective employer-sponsored plans in facilitating the hiring and retirement of critical employees.
With a commitment to helping both employers and individuals achieve their goals, he carefully listens to clients, leveraging his extensive experience and global resources from UBS, along with his MainStreet Wealth Management Group partners, to deliver client-focused solutions.
Don holds a BBA in Finance from The University of Houston and an MBA from the University of St. Thomas. He has earned several industry designations, including Certified Employee Benefit Specialist (CEBS), Certified Financial Planner™ (CFP®), Chartered Life Underwriter® (CLU®), and Certified Investment Management Analyst® (CIMA®).
As an engaging speaker, Don has presented at conferences organized by the International Society of Certified Employee Benefit Specialists (ISCEBS) and The Society for Human Resource Management (SHRM).
Major banks including Signature Bank and Silicon Valley Bank collapsed this year. Retirees like you and me lost millions of dollars while the whitehouse got a bailout. I have personally invested in precious metals and made serious returns. You can request a free guide on gold investingusing the button below:
Investors are strongly encouraged to use IAPD to research representatives before engaging in business with them.
It’s important to note that there is no disclosure reported against Don Atherton. This clean record enhances confidence in his professional standing, indicating an absence of any reported disciplinary actions or issues.
Overview of UBS Private Wealth Management
UBS, formerly known as the Union Bank of Switzerland, is a global financial services company based in Zurich and Basel. It engages in various financial activities, including retail and commercial banking, investment banking, investment management, and wealth management.
UBS operates worldwide, with its American headquarters located in New York City. The company has a significant presence in over 50 countries and employs nearly 60,000 people.
UBS Wealth Management caters to both high-net-worth and ultra-high-net-worth individuals. The financial advisors in this division collaborate with clients to understand their financial assets and needs, offering tailored solutions.
These advisors may specialize in services like investment management, income tax preparation, or estate planning.
They provide a range of financial planning services for individuals and businesses, including portfolio management, market research, retirement planning, and educational planning.
UBS Private Wealth Management Services
UBS offers a comprehensive range of brokerage and advisory solutions through an open architecture platform.
Their advisory programs provide professional investment management, allowing clients to receive ongoing advice and delegate discretion to a Financial Advisor, UBS, or a third-party manager.
The services include a digital portfolio program that combines Advisor insights with professionally managed portfolios, utilizing modern technology.
UBS has taken a leading role in providing clients access to select Separately Managed Accounts (SMAs) with no additional investment manager fee (Zero Fee), enabling Advisors to offer cost-effective solutions.
Here are some of the core services provided by UBS Private Wealth Management:
UBS excels in crafting personalized investment portfolios tailored to individual goals, risk tolerance, and values. Clients benefit from a diverse range of investment options, including stocks, bonds, alternative investments, and private equity.
The application of global market expertise ensures informed investment strategies, aligning portfolios with the dynamic financial landscape.
When it comes to wealth planning, UBS stands out by developing sophisticated estate planning strategies. These strategies address wealth transfer, tax reduction, and asset protection. Additionally, UBS provides valuable guidance on charitable giving and effective foundation management.
The firm’s expertise extends to intergenerational wealth management, ensuring a seamless transition and preservation of family legacy through comprehensive succession planning.
UBS Private Wealth Management places a strong emphasis on creating personalized financial plans. These plans encompass various aspects, including budgeting, cash flow management, retirement planning, and debt management.
By taking a holistic approach, UBS helps clients navigate their financial journey, offering tailored strategies to meet short-term and long-term financial goals.
Unfortunately, they do not offer IRA services in which investors can hold physical precious metals such as gold, silver, and platinum in their retirement investment portfolio.
Why Are Investors Diversifying Their Portfolio?
Experts agree that the financial market is now even more fragile than pre-2008. Will your retirement portfolio weather the imminent financial crisis? Threats are many. Pick your poison..
The financial system would be in great peril if one or more big banks fail.
“When we get to a downturn, banks won’t have the cushion to absorb the losses. Without a cushion, we will have 2008 and 2009 again.”
Student debt, which has been on a steep rise for years, could figure greatly in the next credit downturn.
“There are parallels to 2008: There are massive amounts of unaffordable loans being made to people who can’t pay them”
The US national debt has spiked $1 trillion in less than 6 months!
“If we keep throwing gas on flames with deficit spending, I worry about how severe the next [economic] downturn is going to be–and whether we have enough bullets left [to fight it],”
Total household debt rose to an all-time high of $13.67 trillion at year-end 2019.
“Any type of secured lending backed by an asset that is overvalued should be a concern… that is what happened with housing.”
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Investing in gold can offer several advantages in 2024, particularly when it comes to retirement planning. One key benefit is that gold is often seen as a hedge against inflation.
Over time, gold has demonstrated the ability to retain its value and preserve spending power despite currency fluctuations. Given the current high inflation rates, experts suggest that increasing allocations to gold could be a wise move.
The Personal Consumer Expenditures (PCE) index, which measures Americans’ spending on goods and services, has been notably high, ranging from 6% to 7% in 2022—significantly above historical standards and the Federal Reserve’s target rate of 2%.
With expectations that the economy may not fully recover until 2025 or later, gold becomes an appealing investment option.
Diversification is another advantage of investing in gold. During economic downturns or recessions, the stock market and real estate assets may face challenges.
Gold, however, tends to be a reliable strategy for maintaining a diversified portfolio. This diversification helps reduce exposure to risky investments and minimizes the impact of potential losses.
Additionally, gold provides liquidity, a crucial factor during a recession. Liquidity refers to the ability to quickly sell assets for cash, which becomes essential in times of financial difficulty.
Gold stands out in this aspect, offering high liquidity compared to other assets like stocks, bonds, or real estate. Its ability to be easily converted into cash makes it a valuable investment during economic downturns.
The stability and value of gold, along with its liquidity, make it a compelling option for investors looking to navigate potential economic challenges in 2024 and beyond, especially in the context of retirement planning.
In short Don Atherton, the Vice President of Wealth Management at MainStreet Wealth Management Group of UBS Financial Inc., brings a wealth of expertise to his role.
His clean IAPD report reflects a reliable professional standing, and his commitment to positively impacting the financial well-being of clients is evident.
UBS Private Wealth Management, a global financial services powerhouse, offers a comprehensive suite of services tailored to high-net-worth individuals.
From personalized investment management to sophisticated wealth and financial planning, UBS stands out as a leader in the field.
As for the investment landscape in 2024, recognizing the importance of diversified portfolios, including potential investments like gold, adds a strategic layer for investors looking to navigate the complexities of the financial landscape.