It will give workers who are staffing branches and call centers through the coronavirus pandemic, a sweetener for their efforts.
Star bond manager Jeffrey Gundlach says the recent selloff in markets has been "exhilarating" and plays right into his wheelhouse.
Keeping U.S. markets open during the coronavirus epidemic is critical for maintaining investor confidence.
The financial services firm is restricting access to its branch offices and has asked its advisors to suspend “residential face-to-face” meetings.