UBS wealth management boosts assets as adviser head count slips
UBS in the Americas appears to be focusing on recruiting giant teams of private banking advisers as it continues to see experienced advisers walk to competitors.
The part of UBS global wealth management group operating in the United States and Americas region continued a strong 2021, reporting annualized revenue per financial adviser for the quarter ending in June of $1.7 million, a 29% year-over-year increase, and net new fee generating assets of $14 billio
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