UBS Comp Changes Reward Planning, Raise Minimums

UBS tweaked its compensation plan for 2014 to provide additional incentives for advisors who are doing more financial planning work and onboarding wealthier clients.

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Comments (2)
Did you proofread any of this before you published it?

The so-called "penalty box," which assigns a mandatory 20% payout to advisors with eight years or more of experience and less than $325,000 in assets will apply to advisors with under $350,000 in assets in 2014, Chandler said.
Posted by JAY F | Tuesday, December 03 2013 at 6:23PM ET
I saw that too. I'm assuming Mason meant either they're moving the bar to $350,000/8 years+ in 2014 OR under $35 million in AUM???
Posted by BRADLEY F | Wednesday, December 04 2013 at 12:47PM ET
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