Morgan Stanley Training Grid Rate

or Register to post new content in the forum

 

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.
Jan 28, 2009 9:09 pm

Can anyone tell me the grid rate for FAs in training at Morgan Stanley?  Do they offer trainees any cash bonuses or deferred comp incentives?


I've seen the wallstreet.com story but it was for established FAs not training.
Jan 29, 2009 7:22 pm

Why would they pay you a bonus to get trained? I mean, unless you're connected with every millionaire in town, I don't quite understand why they'd pay a signing bonus.

/no snark intended

Jan 29, 2009 7:37 pm

Performance bonus, not signing or retention.  Other firms have cash bonus structures for top performers even in training (0-5 years).

Jan 29, 2009 7:51 pm
oldnewguy:

Performance bonus, not signing or retention.  Other firms have cash bonus structures for top performers even in training (0-5 years).



Ah, I understand the question now. Well, when I talked with MS last year they did, I don't know if they do now.