With the constant changes that occur in the financial services and banking industries, it is no surprise that many brokers are keeping their options open. Wirehouse brokers have been looking to breakaway into the independent channel. This means RIA firms now have more options than ever to hire great talent. Pershing performed a study and [...]
UBS Races To Catch Up With Retention Offers
December 21, 2009 By Leave a Comment
UBS’s CEO of wealth management, Robert McCann is calling it “Growth Plus”, a new retention program to reward brokers who have been with the firm for more than five years and produce at least $500,000 in annual production starting in 2010. Forced to compete with MSSB , BofA, Merrill, and Wells Fargo, all of whom [...]
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