Remove Compensation Planning Remove Planning Remove Recruitment
article thumbnail

Why should you stay where you are?

Diamond Consultants

Advisors regularly get calls from recruiters, consultants, branch managers, complex directors, business development officersthe list goes on and on. Yet there are certain realities that every advisor needs to be aware of (and as a recruiter, I know them very well!): Stay because you have the ability to serve clients without limitation.

article thumbnail

UBS at a Crossroads: Strength, Uncertainty, and the Advisors Caught in the Middle

Diamond Consultants

Its internal retirement program (ALFA) and competitive payout structure continue to appeal to seasoned advisors, even despite some significant changes to the 2025 compensation plan. And for a time, UBS was a recruiting powerhouse—thanks in large part to an unusually rich, fully guaranteed transition package. So does trust.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UBS Advisors: What to Know BEFORE You Sign ALFA

Diamond Consultants

An advisor could easily earn more for their book at day’s end if they have the appetite to go through a transition—either via a recruiting deal from another traditional firm or by creating a competitive bidding process and selling their book with capital gains treatment on the open market.

article thumbnail

Restrictive Covenants in Employment and Related Contracts

Ballast Advisors

It’s common for businesses to court talented executives with a variety of perks, including signing bonuses, stock options, and nonqualified deferred compensation plans to supplement regular pensions and retirement savings. For example, one could assume that, after one year, any marketing plan would be less useful to a competitor.

article thumbnail

Satisfying an Advisor’s Quest for Independence as an Employee

Diamond Consultants

First, UBS left the Protocol for Broker Recruiting. Wells offered them the ability to have a unique brand on their website, a custom-built space, and demonstrated through the recruitment process that management could remove obstacles more easily than they experienced at UBS. But things started to change at the firm.