 Many advisers are driven by a desire for more flexibility. At the big banks, advisers with decades of experience are "treated the same, day-to-day, as someone just starting.”Danny Sarch, Recruiter |
Where elite advisers are flocking to `
Samuel Steinberger | On Wall Street, July 2016
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Summary: Forget too big to fail. For adviser Larry Watts the wirehouses are too big to care. At 60, he decided Morgan Stanley was stifling his career. Watts says he wanted to focus his attention on clients, not navigating bureaucracy or worrying about changes to a compensation plan.
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