Wells Fargo Bucks Trend and Increases Signing Bonuses for Veteran Brokers
From the Desk of Jim Eccleston at Eccleston Law LLC:
Hurt by a recent bank scandal, Wells Fargo Advisors has decided not to follow in the footsteps of UBS, Merrill Lynch and Morgan Stanley, all of which have announced they will discontinue paying recruiting bonuses. Instead, and in order to ramp up its recruiting of veteran brokers in its wirehouse, Wells Fargo Advisors has decided to increase the amount of money it will offer.
Eccleston Law stands ready to assist advisors in evaluating the competing approaches and recruitment deals as the firm represents reps nationwide in transitions.
The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial advisors including Broker Litigation & Arbitration, Strategic Consulting Services, Regulatory Matters, Transition Contract Review, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.
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