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James Jack
Managing Director and Head of the Business Owners Client Segment at UBS Global Wealth Management.
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APPEARANCES
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Oct 18, 2026
UBS Investor Watch: US midterms
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18:10Tom EdwardsHOST
What does the data tell us? What did the survey statistics show about the attitude towards AI from business owners ahead of the midterms?
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18:22James JackGUEST
And one thing that I would say is I actually think that business owners and you see surveys like this, my actual guess is some of their responses are actually delayed into the reality of where we stand right now.
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18:34James JackGUEST
So what I mean by that is on our survey, 82%, of business owners expect AI to have an impact on their business over the next 12 months.
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18:46James JackGUEST
And what that tells me is now business owners are seeing AI has broken the threshold past just technology companies.
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18:56James JackGUEST
And we're seeing that actually in our day-to-day conversations with everyday business owners.
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21:24Tom EdwardsHOST
What do business owners need to be doing right now to ensure that whatever the outcomes in the midterms, they're best positioned to safeguard their business and realise their goals going forward?
Episode 3: Pre-Liquidity and Exit Planning for Business Owners
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3:01Chris ToregasHOST
Um, moving on, what's the most severe regret you see business owners have post-sale?
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3:15James JackGUEST
Many business owners spend decades building a company that defines their purpose, relevance, and daily intensity.
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3:24James JackGUEST
Once that business is sold, they often discover they prepared extensively for that transaction but not so much for life afterwards.
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3:35James JackGUEST
That's what I say to a lot to our clients, that founders, I don't think, actually fully appreciate until it's gone.
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6:30Chris ToregasHOST
When can an employee stock ownership plan, or ESOP, become a game changer? And when should business owners avoid it altogether?