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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
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Wirehouse brokers plan moves in 2012: Aite Group

Posted by RJ and Makay on Jun 21, 2011

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Almost half of all wirehouse brokers are drawing up plans to exit their firms in 2012, according to a March survey conducted by research firm Aite Group.  150 wirehouse advisors participated in the survey that measured brokers attitudes about leaving their firms.  Of those, roughly one-fourth are serious about following through on exit strategies at Morgan Stanley Smith Barney, Merrill Lynch, Wells Fargo and UBS Wealth Management.