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

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?

"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....

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.

[quote=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?[/quote]

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....

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