Buyer's remorse over signing-on payments

I always felt that the mad scramble to sign up investment advisers or private bankers and pay them massive up-front bonuses in the hope that they will be able to convince their clients to follow them to the new employer smacked of desperation. So a report in the  Wall Street Journal ('Signing bonuses haunt Wall Street') comes as no surprise to us. In addition, this hiring practice leaves open the question whether lavish inducements are suited to ensure that the advisers will have their customer's best interests at heart when helping them with their investments.