Former executives from Wells Fargo Advisors launching Ampersand Partners are actively recruiting advisors by offering noteworthy hiring bonuses and attractive payout incentives, according to AdvisorHub. 

The offers include upfront cash bonuses equivalent to 50% of an advisor's trailing 12-month revenue production and the opportunity to receive $145,000 worth of founder's stock in Ampersand Partners for every $1 million in production generated by the advisor.

The offers by Ampersand Partners are noteworthy given that advisors can anticipate payouts of up to 70% of their revenue before expenses. This compares to the approximately 45-50% payouts at wirehouse firms.

Ampersand Partners has set an ambitious goal to recruit 300 advisors within the next two years. This recruitment drive is expected to significantly boost the founders' stock value, according to AdvisorHub.

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.