Skip navigation

ML vs. MSSB - which feels more like a wirehouse after the mergers?

or Register to post new content in the forum

23 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Oct 13, 2012 1:40 am

How much is the payout for a mortgage?

Oct 13, 2012 3:48 pm

Mortgages count towards household size, so that alone makes them golden for pmd’s. (the payout is low, i don’t recall the number off my head but i’m thinking 25-50 bps)
I agree with FB that the BoA isn’t a bad thing except when it is the fault of the wealth banker or specialists who screw paperwork up and it reflects on you. I think it is an overall advantage to have the bank side, although MSSB recruiters will tell you it isn’t.

Oct 13, 2012 6:56 pm

I agree that the bank products can be a positive, especially considering they count towards benchmarks. I’m still up in the air about whether going to ml would be better than going with an independent, especially as a new fa starting from scratch. The fact that I might have to pay back training costs with ml, has me concerned. Don’t know if that’s if I leave or get fired.