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BROKERAGES: TopStories 1/11/10 |
FA Retention Bonuses Surge (Research Mag) - As the epic battle for advisors continues, wirehouse firms have been offering generous retention bonuses to keep their existing FAs happy.
JPMorgan to rebrand Bear Stearns private client unit (Wealth Bulletin)
The Biggest Loser: Wirehouses? (Bank Investment Consultant) - Regionals and trust companies are well positioned to gain client assets.
Wells Fargo's New Deferred Comp: Tied to Net New Assets (Research Mag) - Brokers with Wells Fargo Advisors can earn up to 2 percent of total sales in 2010 by meeting certain targets for net new client assets.
Wirehouse Switching Slows (Registered Rep)
Wirehouse Advisors Increasingly Change Firms (On Wall Street) - December saw the biggest number of wirehouse advisors changing firms since August.
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