UBS Wealth Management

The Swiss bank added a sprinkle of new US advisors for the first time in years, amid record quarterly profits and plans for global job cuts.

The move by Guinness Atkinson is likely to be just a start — quant giant DFA is already next in line to make a similar change to its product line.

As Wall Street jumps on the Bitcoin rally like never before, the firm says existential risks could threaten the industry over the long haul.

The new additions join a set of big hires at the wirehouse.

It’s the second-biggest hire of the year for the wirehouse.

After a volatile year, advisors get a reprieve when it comes to payout changes.

The new hires generated approximately $5 million in production before making the move.

“Financial advisors typically don’t speak athletes’ language, so athletes and entertainers gravitate toward those people who do,” said former Chicago Bears defensive end Adewale Ogunleye.

Refinitv’s Workspace will power the wirehouse’s investment research and risk assessment capabilities.

The firm currently provides benefits to 10,000 employers and their 2 million employees.