Restructuring from 7 markets to 3, eliminating BSMs, having regional area managers cover multiple branches, basically copying the Schwab model are all likely to come.
DOL has been used as an excuse to pay reps less, making it much harder to sell Tier 3 even though your job is on the line to do so.
Odd that so much fat like MXD, ECM, and hordes of middle management remain, but the cuts effect front line phone service and branches. Have to wonder WTF is going on up top.
Think the daughter is planning to sell, maybe go public. Schwab and Vanguard smell blood in the water and are poised to strike. Real shame, this company was poised to be the leader for a long time but putting cutthroat phone site guys to run the branches helped cause this demise.