MSSB Place to be?
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I am scheduled for an Interview with the new Morgan Stanley Smith Barney branch office in Manhattan next week, I was in the business about 10 years ago at a boiler room type operation and then left to work in real estate financial sales, I am thinking about leveraging my contacts to re start my career to build an financial advisory practice. What is the best way to approach a base salary requirement two years. I have a minimum number that i can survive by going into my savings but prefer to have a base that can cover my mortgage and home expense. That number would be around 7,000 a month, around 80K a year. What are the new reps at MSSB getting, I know SB was paying 80 plus and then MS had a rain maker program that they discontinued that was paying 150 per year for the fist to years.
I have no complaints about MSSB thus far. As far as salary it varies wherever you go. I imagine in the manhattan offices they pay near the top for new recruits. I was under the assumption that MSSB was only hiring FA’s on teams at the current moment, but I could be wrong.
FYI assuming an 80k salary that lasts for two years. You'll need to be producing a minimum of 216k to replicate the salary. Not exactly easy in these market conditions, but certainly do-able.Ok Guys! My interview is very soon, any advice, really want to work for the new MSSB, i think it is a good place to build a book and has a good brand, any word on starting salaries?
Do you have a rolodex of about 400 people you can call warmly? Seriously. That was the AG Edwards question....I am scheduled for an Interview with the new Morgan Stanley Smith Barney branch office in Manhattan next week, I was in the business about 10 years ago at a boiler room type operation and then left to work in real estate financial sales, I am thinking about leveraging my contacts to re start my career to build an financial advisory practice. What is the best way to approach a base salary requirement two years. I have a minimum number that i can survive by going into my savings but prefer to have a base that can cover my mortgage and home expense. That number would be around 7,000 a month, around 80K a year. What are the new reps at MSSB getting, I know SB was paying 80 plus and then MS had a rain maker program that they discontinued that was paying 150 per year for the fist to years.
Don’t you mean “Morgan Stanley Dean Witter Solomon Smith Barney Primerica Citigroup”?
Depends on your market and your work history/education. Could range anywhere from 30k-80k is my guess.
I didn't realize Wal-mart actually hired high school graduates.And most of the folks at Wal-mart know the difference between then and than.