Tom Naratil

Thomas C. Naratil (born 1961) is an American business executive in the financial industry. After serving as president of both UBS Wealth Management Americas and UBS Americas since early 2016,

Naratil started his career in finance in 1983 when he joined the brokerage firm Paine Webber Jackson & Curtis. The Swiss bank UBS acquired PaineWebber in 2000 Naratil succeeded Robert McCann as president of both UBS Wealth Management Americas and UBS Americas. In 2016, Naratil led a reorganization that involved cutting recruitment of US advisors and thinning management ranks, while also increasing compensation for UBS advisors.

Early life and education Thomas C. Naratil was born in 1961 in the United States.

Career 1983-2008: UBS PaineWebber In July The Swiss bank UBS acquired PaineWebber in 2000, Initially appointed director of UBS PaineWebber’s investment products group, in 2002 the division appointed him director of its transactions products group

UBS selected Naratil as its global head of market strategy and development in 2005. In that role, he was responsible for "the sales, marketing and trading of all taxable debt, convertible securities and preferred stock" of UBS. Naratil was appointed chief financial officer (CFO) and chief risk officer (CRO) of UBS Wealth Management Americas, which Naratil joined on June 1, 2011. On January 1, Naratil created an alliance with the financial technology company SigFig to create fintech products for UBS, among them a digital platform to support his financial advisors. and pay to advisors with the most business, the changes also offered incentives for working in teams, bringing in new business, and selling client books within the firm upon retiring.

2018-2022: co-president of Global Wealth Management of UBS Group AG and UBS AG and CEO of UBS Americas Holding LLC. In January 2018, Naratil was appointed CEO of UBS Americas Holding LLC. Iqbal Khan succeeded Blessing, becoming Naratil’s co-president, on October 1, 2019.

Interviewed by Bloomberg in late March 2020, Naratil observed that, during the COVID-19 pandemic, “The biggest difference between now and 2008 is that the banks are a source of strength rather than the source of the problem”.

Memberships and directorships Naratil is involved with several corporate and philanthropic boards. He is on the board of the American Swiss Foundation and the board of consultors for the College of Nursing at Villanova University. He has also served on Villanova's Clearing House Supervisory Board.

Writing and public speaking Naratil has written for publications such as Business Insider and The Hill on financial and economic matters. He has also been interviewed by networks and newspapers such as CNBC, Fox Business, Reuters, and Bloomberg TV.

Personal life Naratil and his wife Wendy have five children, three of whom also work in the financial services industry, and reside in New Jersey. In 2013, Yale University accepted an endowment from Naratil and his wife to fund the Wendy U. and Thomas C. Naratil Pioneer Award, which supports "an investigation that is either highly inventive or close to a major breakthrough in advancing women’s health — where funding is needed to reach its aims."