Union Bank reviews

Advisor comp plans reduced 5-20% to pay for bank inefficiency. Potential biz partners are paid more to send investment clients to Highmark (internal RIA). Brokerage revenues not on scorecards for most business lines. Revenue credit is reduced 25% before going to a slightly below average grid. “Partners” can refer around advisors with no consequence while a rules of engagement strategy is touted for years.

Union Bank was an outstanding place to work. However, they have become what is referred to a churning and turning employer. At the beginning they will present the opportunity as one in a million. However, once you start to work you realized that day to day, services, customer services and vision are way behind other financial institutions. Good people with huge amount of knowledge are moving to greener pastures. Sad to see a company go the way of so many other banks.