Ameriprise has shifted compensation grid thresholds for some lower producing advisors in its employee channel, according to documents viewed by On Wall Street.
The changes reflect similar measures taken by Merrill Lynch, and may have a bigger impact on Ameriprise's roughly 2,000 advisors should market volatility persist this year.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access