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Raymond James’ recruiting reboot is working: Reilly

The financial services firm is back in the ballpark for pay packages to experienced, employee financial-adviser recruits, according to its CEO. Recruiting bonuses are typically in the form of a percentage of an adviser’s annual fees and commissions.

Paul Reilly, Raymond James Financial Inc. CEO, said in January that the company was boosting its 2021 recruiting bonus to experienced financial advisers who work as employees of the firm to combat increased competition and an industry-wide slowdown in recruiting desirable financial advisers during t

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