Raymond James Financial said that it has extended its retention package offers to eligible Morgan Keegan financial advisors with $300,000 and more in gross production.
The announcement by St. Petersburg-based Raymond James marks the firm’s first public comments on the terms of those bonuses since it agreed to acquire Morgan Keegan for $930 million earlier this month. At that time, Raymond James said it had $215 million in retention payments earmarked for certain Morgan Keegan employees.
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