Each year OnWallStreet magazine publishes their annual report on compensation rankings by advisory firms. A new trend this year points to growth in team based award programs.
As financial recruiters, we’ve definitely seen more and more firms recruiting high end production teams and current predictions indicate this will continue.
So what can financial advisors expect in the form of compensation from the large wirehouse and regional firms in 2012?
According to Lori Konish’s “Go Teams” article for OnWallStreet , UBS Financial Services secured the top spot at the $1 million mark for wirehouse firms and Raymond James took the top spot for regional firms.
The story is just not about rankings and you may find a few surprises in it.