Anyone know the grid at LPL?! Waddell Reed just got bought out! WHAT?!?!

likehelpful
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Wow. We were just sold to LPL as well with the transition happening end of Q1. A bit of concern that LPL is getting bigger a little too quickly...

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I think you are delusional if you think that LPL is going to let anyone from this employee channel go hybrid. I don’t care who your CEO lives next door to.

Wow! So your firm is still in transition. What have you learned so far? Any pitfalls?

They're taking their sweet time providing details. Nothing substantial yet, but it seems like an improvement overall in our particular case.

helpful

What is the retention bonus going to be is what I’m wondering

Great question, though I'm not expecting anything huge

W&R payout grid was crap when I was there. Maybe you'll see an improvement?

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