Schwab pay?

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Oct 12, 2006 12:04 am

How do the guys and girls at schwab get paid?  What does the average person make?

Oct 12, 2006 8:44 am

Candy and comic books.

Oct 12, 2006 9:04 am

Bazooka Joe gum, too?

Oct 12, 2006 5:35 pm
gruntal92:

How do the guys and girls at schwab get paid?  What does the average person make?


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.