Cannabis CBD Marijuana

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Morale is lagging for some Merrill consultant trainees

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Keith Bedford/Reuters


Frustrations are mounting for a couple of of Merrill Lynch Wealth Management’s apprentice advisors as it overhauls its coaching program. Staff are annoyed by micromanagement and mixed messaging — and a few are actively browsing for diversified jobs. Right here’s what employees are announcing.


Of us are pouring money into retirement accounts

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shapecharge/Getty Images


Staff are flooding their retirement accounts with epic amounts of cash — pushing balances to unprecedented highs within the 2d quarter. The soaring IRA balances spotlight indicators of ebbing stress in regards to the pandemic. Model how noteworthy balances are rising.


Wall Avenue is making a killing on cannabis

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Samantha Lee/Insider


Wall Avenue banks maintain pulled in over $577 million in charges from cannabis offers since 2017. Canaccord Genuity has led the pack, raking in $170 million, with Goldman Sachs at a miles-off 2d. Listed right here are the diversified prime bankers elevating money, cutting back offers, and raking in millions.


Morgan Stanley tapped a Main edge exec as current CISO

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Morgan Stanley


Morgan Stanley honest chose Main edge’s Alonzo Ellis to abet as the firm’s current world chief knowledge security officer. Ellis has spent extra than eight years at Main edge, most currently as its prime knowledge security exec, and might perhaps perhaps be half of Morgan Stanley in September. More on his current role.


Retail traders spoke up on Robinhood’s earnings call

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Kimberly White/Getty Images for Robinhood


Retail traders had a rare probability to maintain their voices heard for the length of Robinhood’s 2d quarter earnings call this week. Investors wished solutions on the full lot from the corporate’s cryptocurrency plans to how to catch branded merch. Right here’s what went down on the call.


BlackRock and Pimco’s hedge funds are trailing

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Shannon Stapleton/Reuters


Hedge funds from two massive money managers, BlackRock and Pimco, are trailing the everyday fund this twelve months. Model how the hedge funds are doing to this level in 2021.


White-collar workers are secretly working two jobs

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Getty Images


Some white-collar workers maintain stumbled on a technique to utilize a ways off work to their earnings — by working two chunky-time jobs without either employer wise. Some folks are putting in no longer as much as 40 hours per week at each job, but taking home salaries upwards of $600,000. All the pieces you must know about being “overemployed.”


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