UBS Reviews

Pros

The Culture is really great

Cons

The Culture is bit lay back

Pros

Great team environment! Good Base Salary for a new and unlicensed advisor. Great opportunity to earn commissions, which might be low at first but would increase over the years. Free Parking.

Cons

9-5 Office Environment might not be for everyone. Will be at your desk all day. Inbound phone calls to help change client passwords were frequent. You will not be building a traditional book of business in this type of advisor position. Working at the Wealth Advice Center, there are not many solutions to offer clients. There is not a clear pathway to becoming an advisor in UBS Private Wealth Management.

Pros

The pay was decent. Don't expect much growth in IT roles because it's very based on favouritism, not as much on real KPIs, performance.

Cons

I had been working for over 14 years in 4 global firms, and this company (IT dept) really stands out negatively amongst all. I have met some polite, grounded co workers don't get me wrong. But as a whole if you are in IT and you are a minority, you are third class citizen in the eyes of the high manager in IT. I have worked in mid office positions before without ever feeling the extremities of white supremacy as much as here honestly.

Pros

UBS has great benefits (20 weeks paternity leave being one of them), has a great global culture that respects taking that time off (20 days for AD rank, plus 11 paid holidays off), and encourages learning.

Cons

The downside to a globally regulated company with the size of UBS, is the slow progression once you get to the AD rank. It is much much harder to move forward salary wise after you reach 6 figures and/or the AD rank. One call I distinctly remember someone saying they were promoted after 20-30 years. They are working on this, but one also doesn't have time wait around for the improvement at that rate too, in this economic climate. Also, with the recent Credit Suisse acquisition there will be some downsizing in the future (just something to keep in mind). Those are the main cons. If it wasn't for the lack of movement forward, UBS is a great company to work for. There are a lot of people who have been working there for over 20 years, which says a lot for a company.

Pros

Brilliant co-workers, good work-life balance

Cons

hard to get promoted, need to know someone at high-level position

Pros

- lot of flexibility when it comes to work from home - very good work life balance - good work culture

Cons

- low base salary - low bonus - not much scope for growth in the US

Pros

UBS generally falls in line with competitors when it comes to 401K match, base pay, insurance and other benefits. Being a European company, the work life balance generally been better in terms of more leave and more flexible work life balance options. Diversity and Inclusion is also valued highly. The firm sets goals and expectations around D&I and actually measures and reports on it in a transparent way.

Cons

Management is the biggest con. They are slow and not inclined to jump onboard with doing things differently so you can accomplish the same in better, more efficient, or more efficient way. The people you need to approve a change are generally too far away from the process to truly understand the situation, and they're too busy and inaccessible to take the time to truly understand the situation and its implications. Outdated technology systems are also a pain point.

Pros

Everyone pushes really hard, management is fair.

Cons

Long hours at times. Even weekends

Pros

UBS takes a better stance than most firms out there on remote work and I feel as though they always paid for any education or business related expense and supported my growth/career in the organization. Very reasonable employer and competitive in global wealth management . Interesting IB and Quant departments. Wide variety of services is what makes it great. Industry regulations make some tech adjustments move slowly but they seem to be coming. Overall solid employer if you are prepared to advocate for yourself and put in the work. Solid benefits and equity purchasing plan. Very cool institution to work for.

Cons

Wages seem lower than counterparts in NYC region for similar roles (in terms of base salaries excl comissions / bonus). Oldschool Management, Traditional finance culture but improving for sure as the years pass.

Pros

UBS offers a comprehensive career change training program.

Cons

Support system effectiveness can vary depending on the strength of one's network.