UBS Next launched in October 2020 to identify new venture opportunities within the start-up ecosystem. For this, they did a strategic collaboration with Anthemis, a global venture capital fund with expertise in fintech investing.
In April 2021 they participated in the investment round of Hong Kong and US-based distributed ledger technology company Consensys, in July they invested into the Singapore-based digital advisor EndowUs.
Now the next investment is on, it will be into U.S.-based Trust & Will, a fully digital estate planning platform.
Mike Dargan
“Trust & Will’s platform helps to further digitalize and personalize an increasingly important aspect of wealth management: estate planning,”
said Mike Dargan, UBS Group Chief Digital and Information Officer.
“With this investment, we are exploring services beyond banking where we can partner to deliver real value for our firm.”
Trust & Will’s platform provides an easy, fast, and secure way to set up trusts, wills, and guardianships online in the US. The company’s platform modernizes estate planning with a design-first approach, layered on top of customer support that helps families customize documents to meet their needs, while ensuring they adhere to individual state guidelines.
Cody Barbo
“We are excited to be the newest member of UBS’s portfolio of fintech companies,”
said Cody Barbo, Founder and CEO of Trust & Will.
“With their investment and expert guidance, we will continue to develop innovative solutions to better serve our members and make creating a legacy, an accessible and achievable feat for American families.”
This investment is the fourth investment in a series of investments made by UBS Next in areas ranging from distributed ledger technology to digital wealth advisory.
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