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Merrill Lynch, UBS, Morgan Stanley Paying Big Bucks For Reps
By Bryan Binkholder on Nov 15, 2009 in The Cons of Wall Street
The big guys are paying 330% of a reps past 12 months commissions to ‘lure them over.’
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091113/FREE/911139975/1094/INDaily01
Updated Story: The recruiting & bonus war continues. I wonder how this helps consumers when companies are ‘buying’ brokers to bring their block of business to the firm.
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091115/REG/311159961/1094/INDaily01
