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Merrill proposes payouts to motivate advisers
Bank of America Corp.'s (BAC) Merrill Lynch is developing new pay incentives for next year to get advisers to focus on fewer but richer clients. The plan, outlined in an internal company document obtained by Dow Jones, also incentivizes the companys advisers who work in teams. While it is still…
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Click here to read the full story: TheWall Street Journal