Barbara Herman Quoted
By Thomas Coyle
Merrill Lynch has had a small but persistent “garden leave” problem since at least 2011.
But, as it applies to rank-and-file FAs, rumors about impending garden leave policies at the four wirehouses are directed more at Merrill than Morgan Stanley, UBS’ U.S. brokerage arm or Wells Fargo Advisors, according to Barbara Herman, a recruiter with Diamond Consultants.
