It’s rare for a firm of any size to admit it’s losing financial advisors to ... It also cut rates on its pay grid that will squeeze advisors who are the lower producers of revenue, a long ...

The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.

Wells Fargo’s brokerage unit is making it easier for advisors to qualify for a higher pay rate, but reducing some payouts on ...