Greetings from Stowe, Vermont
- Institutional Business Covered: As firms scramble to recruit the biggest and the best, institutional business is being accepted.
- Deals Getting Longer: If big firms cannot control the amount of money they must pay, they are controlling the amount of time Brokers must serve their sentences.
- Retention Bonus Coming Back: In an effort to stem the growing tide of Broker movement, retention bonuses approaching 200% are starting to surface.
- Hedge Funds Big Ranks: Brokers on the move are demanding that agreements be extended to their Money Managers as part of the deal.