UBS reviews

UBS is a large organization that has a very specific culture--one that doesn't fit everyone's liking. If you like a culture that is political, collaborative and non-transparent, you would love UBS.

Excellent starting pay and even better benefits. UBS pays New Financial Advisors to study and pass the Series 7, 66, and insurance exams. All you do is sit there and study all day. Keep in mind if you fail the 7 you are fired... First time. The training in New Jersey is average. You will be mostly coached in sales. Actual knowledge of systems and financial theory are a DISTANT second and third priorities. Make no mistake, you are a salesman first, financial person second. The accomodations in Weehawken are actually pretty good, the food is excellent, and the staff really are there to help. Benefits: Health, dental, vision: The whole works at a fair premium. You also get 10K for infertility treatment which I've never heard of another company offering. 401K: Matches up to 6%... THREE YEAR VESTING Stock Option Program: After tax dollars to buy shares of UBS quarterly. For every share you get two options at whatever price is determined at the time. Again, a three year vesting period with 10 year exercise period. Profit Sharing: There is some sort of profit sharing/pension payout yearly based on your pay and LOS. I am not exactly sure how it works or what the vesting period is. Environment: The offices are pretty good. The days of the "bull pen" have gone. Each new FA gets their own office, at least in my branch. As a new person you will likely be sharing an assistant with other FAs. The low/new person gets last dibs, basically how it works.