UBS turns skipping advisors into serfs – Inside ParadeplatzInside ParadeplatzInside Paradeplatz

Anyone who hires EVV is not allowed to look after old customers. And: His new employer has to report the consultant to Grossbank. Welcome to the Swiss GDR. UBS makes it virtually impossible for outgoing customer advisors to stay in the profession. In any case, when they switch to an external asset manager. There they are not allowed to look after old customers for 24 months. It gets even better, [...]