Loyalty Tax - Compliance UBS Employee Review

2.0
Apr 9, 2021
Recommend
CEO approval
Business outlook

Pros

Flexibility, even pre-COVID, offered flexible work arrangements and permitted WFM at least a day or two a week.

Cons

Salary -- They DO NOT give raises, not even basic cost of living adjustments, unless you actually go up in rank - which is nearly impossible once you get to the Director level. This means you can go literally 10 years without a raise. It's known as the UBS loyalty tax. While they actually have a team called "FA Recruiting AND RETENTION". they unfortunately don't care much about retaining any other talent. Add to that, they are not backfilling jobs as people leave, so the work load is just astronomical and unmanageable. Unless you negotiate a big starting salary and are content with staying at that rate for years -- stay away. Also - while the senior most management is decent, they basically promote whoever based on "accomplishments" - without regard for whether they have any business managing people. Not everyone who is good at an individual contributor role belongs in management.

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5.0
May 13, 2026
Recommend
CEO approval
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Pros

Good work life balance and deal exposure

Cons

Up and down with the merger integration

1.0
Jun 6, 2026
Recommend
CEO approval
Business outlook

Pros

Very minimal pros- you are working in a call center under managers with very little experience.

Cons

Managers are useless. The greater organization refers to the Wealth Advice Center as the “WAC”… yes…. wack. It has a double meaning and the advisors on the ultra high net worth teams are known to make fun of this call center. Very unserious role.

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