When a closely watched yearly report predicted Wall Street bonuses for equities traders and senior management could drop by 30% in 2011, it naturally sparked questions about how affluent clients would cope with the downturn.
The annual compensation analysis, released earlier this month by compensation consulting firm Johnson Associates, made predictions based in part on public data from eight of the nation’s largest investment and commercial banks and 10 of the largest asset management firms, Johnson Associates said in a press release.
Register or login for access to this item and much more
All Financial Planning 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