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RIP wealth management! UBS Next invests in an online estate planning start-up!

UBS Next, the Swiss bank’s $200 million strategic fintech portfolio, announced that it has invested in Trust & Will, an entirely digitized U.S. estate planning platform (www.trustandwill.com). It helps digitize and personalize estate planning. Trusts, wills, and guardianships can be created online quickly and securely. The platform enables estate planning through technology. At the same time, it ensures compliance with applicable legal requirements. An interesting WealthTech venture.

With the investment in Trust & Will, UBS wants to unlock services beyond traditional wealth management services to its affluent clients.

We are very excited to now be among the companies in UBS’ fintech portfolio.

Cody Barbo, founder and CEO of Trust & Will

UBS launched UBS Next in October 2020 with the mission to identify new opportunities in the startup environment and expand UBS’ technology-driven growth through partnerships and strategic investments. UBS Next enables UBS to collaborate with fintech firms, accelerate innovation and help shape the future of banking. The investment platform focuses primarily on direct minority investments in early-stage (Series A and B) fintech and technology companies strategically and financially relevant for the UBS business.

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