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In the News

Cost-Cutting UBS Lays Off Brokerage Support Staff

Posted by Mindy Diamond
FUNDfire
Mindy Diamond Quoted
By Danielle Verbrigghe

UBS Wealth Management Americas is laying off about 75 brokerage client service associates, a spokeswoman confirms.

The layoffs began about a week ago, the spokeswoman confirms. The cuts concern only client service associates, and don’t include financial advisors, the spokeswoman said in an email.

“These reductions were part of the firm’s [ongoing] review of costs and resources,” the spokeswoman said in an email.

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About Mindy Diamond

CEO – By counseling advisors on how to ask the right questions and “dig deep”, she helps them look at all of the opportunities available to find the one that allows them to reach their full potential. That is, to best serve their clients and live a life that is in sync with their own beliefs and values. Learn more...

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