UBS plans to increase payouts for its U.S. wealth advisors starting January 1, as part of an effort to boost retention and recruitment. This strategic adjustment aims to strengthen its advisory force in a key market.
This decision follows previous changes to advisor compensation and indicates a renewed focus on attracting and retaining top talent. Enhancing payouts is a direct measure to improve advisor satisfaction and competitiveness.
The move is expected to support UBS's growth ambitions in the U.S. wealth management sector. By investing in its advisors, the bank seeks to improve client service and expand its market share in a highly competitive environment.
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