UBS Financial Services Inc. has announced that Carlos Lowell, a Senior Vice President and Financial Advisor in the firm's Coral Gables Private Wealth Management office has been named to the 2020 Forbes/SHOOK Best-In-State Wealth Advisors.

The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews and quantitative data. Advisors considered for this recognition have a minimum of seven years of experience. The algorithm used weighs factors such as revenue trends, assets under management, compliance records, industry experience, and criteria that encompass best practices in their practice and approach to working with clients.

"This award is well-deserved for Carlos,” said Karl Ruppert, Florida Market Head of UBS Private Wealth Management. “His expertise and insightful understanding of the needs of clients is why he is being recognized as one of the best financial advisors in Florida."

Lowell began his career in finance in 1994 after graduating with a B.S. from the University of Miami. He worked in the insurance industry in both Europe and the U.S. before earning his MBA from the Massachusetts Institute of Technology's Sloan School of Management. After graduation, Lowell worked in the Private Wealth Management Group at Goldman Sachs before moving to Morgan Stanley, where he held multiple roles including Miami Complex Manager and Director of International Accounts at its New York headquarters. By leveraging his diverse experience and obtaining the Certified Financial Planner™ and Certified Exit Planning designation, Lowell brings an in-depth knowledge of risk management, financial planning, and international business to the clients of The Lowell Group.

In addition, Lowell is committed to the South Florida community and is involved as an alumnus of the University of Miami where he studied mechanical engineering and economics. He has served as vice president of the Alumni Association Board and currently serves on the President's Council. He is also actively involved with Baptist Health South Florida. Currently he chairs its Foundation's Miami Cancer Institute Council, serves on the Operating Board of Directors for Baptist Hospital, where he was recently named treasurer, and serves on the system-wide Risk and Finance Committee.

About UBS Global Wealth Management

As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world. Clients who work with UBS benefit from a fully integrated set of wealth management capabilities and expertise, including wealth planning, investment management, capital markets, banking, lending and institutional and corporate financial advice.

About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).