Merrill Lynch, one of the prominent national brokerage firms, is making notable updates to its compensation plan for financial advisors in 2024. This plan aims to provide higher incentives for advisors who generate significant revenue for the company. The adjustments include modifications to payout percentages and the introduction of new bonuses. Payout Adjustments Reflecting … [Read more...] about Merrill Lynch Enhances Financial Advisor Compensation Plan for 2024
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Affluent Investors Seek More from Financial Advisors
Report highlights growing expectation for personalized service A recent report from Cerulli Associates reveals that affluent investors are increasingly relying on their investment advisors to guide their finances. With this increased reliance comes a higher expectation for a superior level of service from their financial professionals. During periods of macroeconomic turmoil, … [Read more...] about Affluent Investors Seek More from Financial Advisors