UBS Plans Its Own Independent Channel
As registered investment advisers have become a more serious competitor, UBS Wealth Management Americas is considering its own independent channel.
UBS is considering an independent firm, similar to Wells Fargo Advisors Financial Network, where around 1,500 advisers function as the independent arm of the wirehouse.
According to a client survey UBS performed, clients are attracted to an RIA for objective advice. UBS also seeks to integrate its banking and insurance products, where UBS believes that it has a competitive advantage.
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