Merrill Lynch is shifting how it handles staff who drop out of its financial-adviser trainee program, and it highlights the industry’s evolving career paths

“Merrill Lynch, for its part, hiked trainee financial advisers’ starting salaries by $10,000 earlier this year, Business Insider first reported” writes Rebecca Ungarino for A Merrill Lynch spokesperson was not able to provide data around new financial advisers leaving the trainee program and moving to other roles.

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