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.

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

Don't have an account? Register for Free Unlimited Access