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Why top producers stay at wirehouses

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Aug 3, 2007 1:04 pm

I completely agree w/ Indyone’s comment. Top producers are for the most part, well taken care of at their firms so they are happy. The other big reason is that they are comfortable with how much they are making. True they could gain a lot more freedom & controll (and increase their income) by moving to an independent BD or RIA but doing so requires a lot of work so they stay put.