Wells Fargo reps to jump higher ‘hurdle’ in 2021 pay grid
The target to reach the higher payout will increase by $1,000 per month next year which could pinch adviser compensation
For the first time since 2014, Wells Fargo Advisors is increasing the dollar amount of revenue a financial adviser must produce to get a higher payout, meaning advisers could see a slight decrease in monthly compensation in 2021.
The pay change is being unveiled today to Wells Fargo Advisors' 1
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