Morgan Stanley Training

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Nov 14, 2005 10:54 am

Anyone have any insight into whether or not Morgan Stanley has reversed its policy on hiring new brokers and/or trainees?

Nov 14, 2005 11:24 am

Morgan Stanley will only hire 500-700 new advisors in 2006. Many of them will be hired to assist tenured advisors.

Nov 14, 2005 12:38 pm

Why do you care?  Didn't you see the way they treated their own people?  Do you want to devote yourself to a company like that?

Nov 14, 2005 1:06 pm

"Morgan Stanley will only hire 500-700 new advisors in 2006. Many of them will be hired to assist tenured advisors"


of those, 495-695 will be gone by january 2007... of the 5 left, they will be managing a book of 400k and feeling like they're on top of the world....

Nov 14, 2005 7:50 pm

blarmston:

...of those, 495-695 will be gone by january 2007... of the 5 left, they will be managing a book of 400k and feeling like they're on top of the world....


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Thanks a lot, blarmston! I read your comment and laughed so hard, I spewed coffee on my white shirt and monitor.

Nov 14, 2005 7:56 pm
maybeeeeeeee:

Why do you care?  Didn't you see the way they treated their own people?  Do you want to devote yourself to a company like that?


Here we go again... how dare a brokerage firm fire habitual underperformers. Why, people should have jobs for life there, even if they can't break $225k after a decade in the business....


Nov 15, 2005 1:11 am

There's nothing like reading posts from people who have no first hand knowlege of the topic.