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Schwab pay?

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Oct 12, 2006 4:04 am

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

Oct 12, 2006 12:44 pm

Candy and comic books.

Oct 12, 2006 1:04 pm

Bazooka Joe gum, too?

Oct 12, 2006 9:35 pm

[quote=gruntal92]How do the guys and girls at schwab get paid?  What does the average person make?[/quote]

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.