It's just stupid. We absolutely and fully expected others to follow our lead on this and this announcement comes as no surprise to us. |
Part of the idea was to help our financial consultants focus on their bigger accounts, the ones that are more labor intensive, ... This also gives smaller accounts the service they need. They can call three or four times a week and have all their needs met and not have to split their attention and time with financial consultants who have $5 million accounts. |
Smaller clients have been invited to participate in the program, but they have the ultimate choice on where they want to go. |
These are all fully-licensed and fully registered brokers, |