How much do branch managers MAKE?

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Dec 21, 2006 7:24 pm

How much do branch managers or operations manager or any type of managers make at a large wirehouse firm?

Do they make $100,000? or less than that?


Dec 21, 2006 7:25 pm

And does the Branch managers or  operations manager get a percentage of what the FA bring in?

Dec 21, 2006 8:50 pm

salary of anywhere between 100-150k plus an override on either GDC or the profitabilty of the office. Most make between 250-350k.

Dec 21, 2006 9:00 pm

DAMN... is 100-150k an average?

or is it starting salary?

my branch managers and operations manager just sits there and approves stuff. don't really do much.

Dec 21, 2006 11:28 pm

you have waaaayyyyy too much time on your hands, newbie.....

Dec 22, 2006 11:15 am
youyoume:

How much do branch managers or operations manager or any type of managers make at a large wirehouse firm?

Do they make $100,000? or less than that?



SB manager in my neck of the woods makes north of 700K as a non producing mgr. UBS guy is at about 250K. Janney is around 200K.


AGE producing mgr is pulling about 400K net to him income from production and another buck and half as a do nothing mgr.


My BOM is in the 400k range as a hands on mgr who really helps his FAs.

Dec 23, 2006 12:12 am

They all make eleventy kabillion dollars.....

Dec 23, 2006 12:17 am
noggin:

They all make eleventy kabillion dollars.....




wow....this thing is spreading like a virus....!

Dec 23, 2006 12:28 am

Joe you rock!!!

Dec 23, 2006 12:32 am



::takes a bow::

Dec 25, 2006 6:20 pm

to become a branch manager at an investment firm/ brokerage, what does it take?

how long of service did they work at the firm before getting promoted?

And, do you HAVE to have previous experience as a  broker/ FA?

what are some of the requirements?

Dec 25, 2006 8:43 pm

Why do you think that it is a promotion?

Dec 25, 2006 8:47 pm
anonymous:

Why do you think that it is a promotion?





OUTSTANDING question!

Dec 26, 2006 11:04 am
anonymous:

Why do you think that it is a promotion?



Because he's stooopid!

Dec 26, 2006 1:00 pm

I knew a branch manager at MS. He put up with alot of BS, and he barely made enough money to cover the Christmas party that he had to pay for.