Stick around the brokerage industry long enough, and you’ll probably get sick of the ol’ saying, “Advisors vote with their feet.” While it certainly has some truth to it, the move very often is a grab for a new, higher signing bonus. So staying in one place really does speak volumes. Many industry propellerheads have forecasted an exodus of wirehouse advisors to the independent channel as retention bonuses unwind this year. But REP.’s 22nd annual ...
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