Schwab pay?
Oct 12, 2006 4:04 am
How do the guys and girls at schwab get paid? What does the average person make?
Oct 12, 2006 12:44 pm
Candy and comic books.
Oct 12, 2006 1:04 pm
Bazooka Joe gum, too?
Oct 12, 2006 9:35 pm
[quote=gruntal92]How do the guys and girls at schwab get paid? What does the average person make?[/quote]
The brokers get a salary plus the most confusing bonus / incentive plan you have ever seen. Once you have figured it out, management will change it on you.
Salaries are in the $45-$75k range depending if you work out in the sticks or in a big city. The Schwab brokers who I knew were taking home over a 6 figure but have since left to either go to a wirehouse or Indy.
Source URL:https://www.wealthmanagement.com/forums/whats-firms/schwab-pay