Working in a pit of vipers - Recensione dipendente - Financial Advisor Trainee presso UBS

1,0
25 gen 2011
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

They paid me well while while I obtained my licenses.

Svantaggi

The NFA program essentially sets it's participants up for failure. The goal of this program is to get successful business people to bring in their contacts, networks and their assets. Then the NFAs are soon afterwards let go. Upon being hired, licensed and turned loose to bring in assets I was told by several old timers that NFAs were setup for failure. I was not concerned as I felt that I could hit all of the milestones necessary. Although I did meet all of the milestones set I was eventually "let go" as part of their global restructuring. Essentially the NFA program is set up as a way for the firm to gather assets for it's tenured brokers. Management was inept and many layers deep. Operations was a total joke. As an NFA the only way I could get help on a client case was if I "partnered" with an established broker then do 100% of the work and get 50% of the pay.

Esplora altre recensioni su UBS

5,0
29 giu 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Supportive and collaborative team environment.

Svantaggi

Career progression may depend on team structure and available headcount.

3,0
28 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good Learning opportunities, Tech savvy compared to other banking / fintech companies

Svantaggi

Too much offshore, low cost resource strategies, Gap between functional & IT resources, CS merger favored many UBS employees and massive layoffs post UBS - CS merger. Hardly any bonus or pay increments.

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