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ubs wealth advisors leave for julius baer amid recruitment changes
UBS is experiencing a notable exodus of wealth advisors in London, with at least three senior members—Matt Bonfield, Nick Williams, and Josie Shaw—joining Julius Baer. This shift is attributed to Julius Baer's more attractive compensation structure, which offers a percentage of assets brought in, contrasting with UBS's reportedly disappointing bonuses. The departures follow other significant exits, including Mark Goddard, and reflect broader changes within UBS's UK operations, which are increasingly centralized in London.
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