1st year FA PWM pay at ML, JPM, etc.
How much do financial advisors make on their first year when they have 0 clients. I've herd starting salary is around 40-50k but wouldn't it be possible to make like 10k if you struggle to get clients
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Entry level financial advisors at ML/Raymond James/Fidelity is a completely different role than an PWM analyst at JPM/GS.
Base pay at the chop shops I would guess is much lower, with the potential to earn nice commission on the assets you bring in (if you're in that 15% that actually survives the first year or so).
60-70k
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