UBS Wealth Management Americas released its 2013 compensation plan to its financial advisers on Tuesday, announcing changes that will give them incentives to sell a wider range of products and bring in more revenue. There are also changes to the compensation structure that will likely help the company retain more advisers in what is an increasingly competitive landscape for top talent. The new plan could also encourage UBS advisers to become more tight-fisted with discounts it gives on clients’ advisory accounts. Jason Chandler, head of the firm’s 7,000 advisers, told Reuters that the new plan reflects clients’ desire to obtain [...]

