Expect more banks to take the same leap of faith that HSBC took when it moved all its advisors to salary from commission earlier this year.

Wayne Cutler, a partner at management consulting firm Novantas, sees banks making similar moves in the next two to three years. “Two to three years down the road, I’d be surprised if for the top 30 banks at least half of them haven't moved to the new structure,” he said.

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