For others that are in a similar situation...
Turns out that with the Unifi Controller, you can change the default "User Group" to set a speed limit. Since over Wifi, I'm seeing 120/20, I set my limit to 100/20. When doing the speedtest, I'm now not seeing any bufferbloat and I'm getting an A+ from an F before, but I'm getting speeds around 80/20.
Just a tip too. For reasons unknown, in my controller, I had to specify Kbps and couldn't set it to anything over 100Mbps. I was getting some sort of weird payload error. Some say it was a bug but who knows.
For now, I'll keep it as it is and see how it works. Hopefully it will have a positive effect on zoom meetings.