Stocks and socks is back!
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Jun 4, 2010 10:49 pm
Now serving number 17, 457 press 1 for mutual funds, press 2 for munis........
Ouch welcome to walmart
Exclusive: Morgan Stanley courts lower-tier advisershttp://www.reuters.com/article/idUSTRE65347J20100604
Yes indeed... It's all about headcount and little else. Quantity not quality. Is 17,457 the actual new headcount? Seems like at some point, mgmt would realize it's easier, cheaper, and better to concentrate on retention; rather than endless recruiting and god forbid... a new round of training.
It is cheaper than training people for 3 years and figuring out they won't make it..