Per the article on Financial Advisor IQ
“More than 70 market sales managers were informed on Thursday that their roles would be eliminated, according to one of the sources, who spoke on the condition of not being identified. Though some of the displaced workers may be rehired later as market growth directors, there will only be about 30 openings for those positions, and they will be open to external candidates as well, according to the same source.”
"We are investing in our National Sales organization to deliver stronger, local, and more targeted support for financial advisors," James Craven, Wells' national head of sales, said in a statement provided to FA-IQ. "
Haha these people won’t admit that they aren’t making as much and that their “Sales team” is over paid and u see producing. Craven makes too much for someone who was a Client Associate