Originally Posted by JakeBrake
I can only speak about my Megacorp, but I firmly believe the financial advisers were getting insider information about who was leaving. Pehaps not an "official" leak but possibly from friendly moles.
That's not surprising. HR knows who's leaving and often knows before the person that is leaving. That information is pretty much common knowledge to anyone in HR. All it takes is for someone to have a friend or relative in the FA business. It wouldn't surprise me if some FAs are willing to pay "finder fees" for tips.
HR knows what people are paid and if they are enrolled in the 401k. They don't have access to the actual balances but it should be easy to classify a person has "likely or unlikely" to have a pile in their 401k.
Even regular coworker could be the source but they wouldn't have the financial information of HR.