The firm announced it recruited eight advisors who previously managed more than $1 billion in client assets.
Experts say the firm has improved its image recently, bolstering its appeal to advisors. “I think that what they try to convey is that they look at the advisor as a person and not just a production number, and I think that’s resonated with a lot of advisors,” says Howard Diamond, managing director and general counsel at recruiting firm Diamond Consultants.
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
