News Roundup

News Roundup (576)

Raymond James to Keep Broker Comp the Same for 2022  

Raymond James will keep compensation the same in 2022 for the approximately 3,400 brokers it oversees, according to two sources. So reports Advisor Hub.

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Wells Fargo Pushes Back Office Return Again  

The delta variant has already caused Wells Fargo to push back its return to the office at least once, from Sept. 6 to Oct. 18. Now, the firm is pushing the date back again to Nov. 1. So reports Yahoo! Finance.

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Fidelity's Latest Hiring Push to Add 9,000 Workers

Fidelity Investments plans to hire 9,000 new workers by the end of the year, the majority of the roles focused on technology and client interactions. So reports Bloomberg.

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FA Who Abruptly Quit Ed Jones, Explains Why He Joined Raymond James

More details have emerged about Russell Ryon Riggan’s contentious departure from Edward Jones. So reports Financial Advisor.

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UBS CEO: Most Unvaccinated Staff Can Work from Home

Ralph Hamers, CEO of UBS Group, said workers who do not want to get a COVID-19 vaccine can work from home instead of returning to the office. So reports Bloomberg.

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What's the Best City for Young FAs?

Many young financial advisors start out in the New York-Newark-Jersey City Metropolitan Statistical area, but there are a number of other cities they should consider, according to a new report. So reports Financial Advisor.

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How Some RIAs Are Making a Splash As They Head Back to the Office

Amid a return to the office, some RIAs are making an upgrade. So reports RIA Biz.

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Morgan Stanley to Workers: Prove You Got the COVID-19 Shot  

Morgan Stanley is requiring employees to prove they’re vaccinated against COVID-19 in order to enter its offices. So reports The New York Daily News.

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Edward Jones’ Broker Headcount Falls Again

Edward Jones saw its roster of brokers fall by 306, or about 1.6%, from last year to 18,855 in June. This marks the second quarterly drop in a row. So reports Advisor Hub.

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Virus Forces Wells Fargo to Delay Return to Office

Wells Fargo is pushing back its return-to-office plans amid soaring COVID-19 cases. So reports the Associated Press.

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