In one of the most dramatic overhauls to its compensation plan in two decades, Raymond James has introduced a new product-neutral pay grid as the firm looks to stay competitive with industry standards.
This is the first significant change to our grid during my almost 20 year tenure at Raymond James, Tash Elwyn, president of the firms Private Client Group, said in a phone interview with On Wall Street. With this new grid we have achieved our goal of continuing to offer a very competitive payout within an environment and culture at Raymond James thats unique in that we treat our advisors with respect.
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