By Shreya Agarwal
Marc Kessler managed client assets worth $658 million while at UBS before making the move, according to On Wall Street’s Top 40 Under 40 rankings. Kessler was featured as No. 27 on the original ranking, based on production figures. A second ranking, according to AUM, dropped him to No. 16.
UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year
