UBS Alumni Launch Dial Square Private Wealth for Personalized UHNW Wealth Management
- Jim Chiate and Tony Guinane, former UBS employees, launch Dial Square Private Wealth to serve ultra-high-net-worth clients.
- The founders aim to provide personalized services, moving away from the constraints of traditional wirehouses like UBS.
- Dial Square leverages technology from top custodians to enhance client experience and redefine wealth management standards.
Dial Square Private Wealth: A New Era of Independent Wealth Management
In a significant development within the wealth management sector, Jim Chiate and Tony Guinane announce the launch of Dial Square Private Wealth, a firm created to cater to the sophisticated needs of ultra-high-net-worth (UHNW) clients. Based in Orange County, California, the firm joins Sanctuary Wealth's network of Partner Firms and manages approximately $1.2 billion in client assets. This initiative marks a crucial shift towards independence for the founders, who bring extensive experience from their previous roles at Merrill Lynch and UBS. Dial Square is positioned to provide enhanced services and broader investment solutions, demonstrating a clear commitment to meeting the unique demands of its clientele.
Chiate and Guinane emphasize that their decision to transition into an independent firm stems from the desire to overcome the constraints typically associated with traditional wirehouses. By operating independently, they aim to tailor their services more effectively to their clients, allowing for a more personalized approach to wealth management. Vince Fertitta, President of Wealth Management at Sanctuary Wealth, supports this vision, underscoring the firm’s goal to empower elite advisors like Chiate and Guinane. Their proven track record, highlighted by rankings on Forbes' Top Wealth Management Teams and Barron's Top 250 Private Wealth Management Teams in 2025, reflects their capability and reputation in the industry.
To further enhance their service offerings, Dial Square will leverage the resources and technology of leading custodians, Charles Schwab and Goldman Sachs. This partnership is expected to provide clients with innovative technology, robust back-office support, and comprehensive wealth management solutions. Guinane notes that this strategic alignment not only facilitates deeper relationships with clients but also significantly elevates the overall client experience, setting a new standard for personalized wealth management in the competitive landscape.
In addition to Chiate and Guinane, Dial Square’s team includes Owen Galasso as Vice President, Registered Operations Manager, and Nazgol Nekoomaram as Vice President, Wealth Associate. Their diverse expertise is likely to enhance the firm’s capacity to deliver bespoke wealth management services.
This establishment of Dial Square Private Wealth illustrates a growing trend towards independence in the wealth management industry, as advisors seek to prioritize client needs without the limitations imposed by larger financial institutions. As they embark on this journey, Chiate and Guinane are positioned to redefine the wealth management experience for UHNW clients, carving out a niche that prioritizes personalized service and innovative solutions.