07:27 AM EDT, 09/24/2025 (MT Newswires) -- UBS (UBS) plans to increase payouts for its US wealth advisers starting Jan. 1 as part of the efforts to maintain retention and boost recruitment amid rising competition for talent, Bloomberg reported Tuesday, citing unnamed sources familiar with the matter.

The report said the Swiss bank announced internally earlier this month that advisers generating $1 million to $3 million in revenue will receive higher pay rates, while those generating $3 million to $4 million will receive a higher amount of the payout in cash.

UBS also plans to create a new compensation tier for top advisers who generate more than $20 million in revenue annually, according to the report.

The changes follow recent departures of UBS-affiliated advisers in the US, including some high-profile teams joining competitors, the report said.

UBS did not immediately respond to requests for comment from MT Newswires.

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