My group in FI which I guess is now in Fid Wealth (though we haven’t heard anything on how that impacts us) is so insanely understaffed and the environment is so toxic and depressing it’s almost like it has to be on purpose. A bunch of tenured great associates left the company, multiple people on LOA’s, one person got totally f’d and passed over for a promotion and left, and you can’t get PTO requests approved since staffing is so thin.
Clients with billions on platform constantly complaining, associates literally crying in office due to high level of stress and anxiety, management staying in their little offices with the glass doors closed - all the while associates rant depressingly, joke about alcoholism and su*cide. I am d-mbfounded how a decent sized group arrives at this point. VPs walking around with no care in the world, laughing while associates take stress leaves and cry in the office and slam their desks in anger.