UBS Broker-Protocol Exit Puts Firm Before Clients

Jerry Seinfeld has a routine, a “bit”, where he makes fun of fans of professional sports. When a player is part of the team you root for, you cheer him on. When he departs, you scream that he’s a bum. In fact, he says, you actually are just rooting for the laundry, not the people. Well, with UBS’ exit from the broker protocol, it looks like the wealth management industry is becoming Seinfeldian…READ MORE