&Partners taps two UBS leaders to run its private wealth business - InvestmentNews

&Partners Taps Two UBS Leaders to Run Its Private Wealth Business

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&Partners Announces New Leadership: Mara Glassel and Julie Fox to Co-Lead Ultra-High-Net-Worth Business

From left: Julie Fox and Mara Glassel.

Mara Glassel and Julie Fox will co-lead the fast-growing hybrid RIA’s ultra-high-net-worth and private wealth businesses.

October 13, 2026

By Leo Almazora

&Partners, the fast-growing hybrid RIA founded by ex-Wells Fargo execs in 2023, is adding two longtime UBS executives to its leadership team as it expands its ambitions further upmarket.

According to a Tuesday announcement by &Partners, Mara Glassel and Julie Fox will share responsibility for the advisor-owned firm’s ultra-high-net-worth and private wealth businesses. Glassel and Fox will join as equity partners and members of the executive team after they finish their notice periods at UBS.

Between them, they spent more than 50 years at the Swiss-based bank, with Glassel having served for 28 years and most recently running its Greater New York Market, which covers 18 offices. Before that, she was head of national sales for Wealth Management Americas, and she helped build out UBS’s banking and structured notes business.

Fox, a 24-year veteran, oversaw wealth management and private wealth management across a 15-state Southeast Region. Earlier in her career, she ran national sales and launched the UBS Global Family Office Group.

John Alexander, co-founder of &Partners, pointed to an industry dynamic wherein "advisors are demanding more – for their clients and for the businesses they’re building.

'Bigger isn’t better. Better means sophisticated capabilities, support from people who know you, and a voice in decisions that shape your future,' Alexander said. 'Advisors are choosing independence because they see the opportunity to have all three.'"

Read more:

  • Hybrid RIA &Partners caps equity at 40 million shares in bid to reach $120 billion
  • UBS departures feed the independent channel

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