Brokerages: Who's Been Naughty, Who's Been Nice in 2010?

Some stuff I posted on the latest Registered Rep survey over at the Wall Street Journal’s Financial Adviser blog:

Registered Rep’s annual survey of brokerage employee satisfaction is out.  Edward Jones, predictably, is still on top (17 years running).  This is probably because of the free Maserati Quattroporte that each of their 12,000 or so reps is given.

UBS has made a dramatic comeback from the bottom of the pile in 2009 while Merrill Lynch ranked as the best of the four wirehouses.

And the firm with the lowest overall satisfaction among its brokers?  Wait for it….waaaaiiitt for iiiiiitttttt…..

Can you guess the firm that employees were least satisfied with?

Source:

Reg Rep’s Brokerage Report Cards Are Out (WSJFA)