UBS Keeps Advisor Pay Grid Intact, Adds New Bonus to Comp Plan

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UBS unveiled its 2024 advisor compensation plan, keeping its pay grid intact while also adding a new bonus, according to an internal memo seen by Barron’s.

Jason Chandler, head of UBS Global Wealth Management Americas, said in the memo that UBS based its new compensation plan on advisor feedback. “The principles this year remain the same—rewarding productivity, growth, and longevity,” Chandler wrote in the memo to advisors.

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