Julius Buchanan, Editor in Chief, Wealth Solutions Report posted his commentary on the deals and recruiting in the wealth industry on Wealth Solutions Report as part of its Deals & Recruiting Roundup.
This week’s announcements by Edelman and Perigon highlight that equity isn’t just part of the pay package in M&A – it can also be an incentive that locks in and rewards talent, aligns the recipients’ interests with the firm’s and clearly demonstrates the C-suite’s commitment to the new shareholders. It’s not a new strategy, but it is a wise one when there’s a talent shortage in the industry.
To see the Wealth Solutions Report Deals & Recruiting Roundup for the week, click here. Visit Wealth Solutions Report for the latest wealth management insights, analysis and news.