Whether you call it a job, a practice or a profession is a matter of personal commitment. Constantly striving for perfection (or improvement) is the hallmark of a professional. Punching in and out...
The transparency claim is a ruse. No one discloses their payouts now. This money is not paid by the client but by the firm. Not by a product sponsor, but accreted to the branch binging in the rep...
As this "consolidation" continues, the industry is losing it's ability to raise "risk" capital. This has long term implications for innovation and growth beyond the financial services industry....
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