Recruitment Firm for Financial Advisor Jobs
Greed and Entitlement! I thought I had seen it all until last week’s “resignation” of Merrill’s CEO John Thain…the revelation of his secret last minute 4 billion dollar bonuses paid out in December (versus “normal” January bonus payouts) …Oh, and by the way, he was simultaneously preparing a report of 15.3 billion dollar fourth [...]
I’m betting on the mid-range producers, with production under $500K, leaving the remaining big 5 wire houses in droves. With little incentive to stay and poor, if any retention packages, these brokers will split and turn to smaller regional firms who are looking to build their wealth management assets. I see this happening with Stifel [...]
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