The Hire AuthoritiesPosted by in In The News on January 1, 2006
They don’t think it makes sense for Merrill Lynch to be buying Advest or for Smith Barney to be adding Legg Mason. They fret over the quality of the remaining regionals and what that means for brokers’ career options. They see richer recruitment deals–but only for advisers willing to sign on longer. They think Morgan Stanley will take the steps necessary to rebound.