Q&A with Michael S. Frantz of UBS
Note: The Global Seafood Alliance spotlights various members dedicated to GSA’s mission of responsible seafood. Membership starts at only $50 for individuals and $5,000 for businesses. Start utilizing our extensive benefits. Featured this month is Michael Frantz, CFP®, First Vice President – Wealth Management at UBS.
Tell us about your background – what was a pivotal moment in your life that helped you decide on your career path?
I enrolled in Economics 101 – Introduction to Microeconomics, winter quarter of my freshman year at the University of Washington and was hooked. I ended up majoring in economics and ultimately pursued a career as a financial advisor. To this day, I still draw upon those basic economic theories to guide my investment decision-making process.
What would you recommend for students wanting to pursue a similar career?
Research which firms are the best for the type of work you’re looking for. Some firms have a stronger presence in investment banking others in wealth management. At UBS, I appreciate the focus on doing whatever is in the client’s best interest. I find working with private clients, especially entrepreneurs and business owners that are trying to change the world, personally rewarding and I’ve developed great relationships with a lot of my clients over the years.
Why did you join GSA?
The United Nations predicts there will be about 11 billion people on planet Earth by the end of this century – that’s a lot of mouths to feed. I think aquaculture is going to play a huge role in meeting the demands of a growing population. There has been and will continue to be a tremendous amount of innovation occurring in this sector and I want to have a front-row seat.
What about responsible seafood motivates you most?
I think there’s a business opportunity for companies to develop environmentally-friendly, responsible seafood practices. This will be an interesting sector for intrepid entrepreneurs and business owners for years to come. Also, I’m an avid scuba diver, so personally, I want to see the oceans harvested in a sustainable way that preserves coral reefs and a diverse ecosystem of marine life.
Where is the most interesting place you’ve traveled to?
That’s a tough one. Jordan for its history and cuisine. Bonaire (Dutch Caribbean) for the scuba diving!
Michael Frantz is a registered representative of UBS Financial Services Inc. which is a subsidiary of UBS AG. Member FINRA/SIPC
Review Code: IS2203292
Thanks for being a member, Michael!