Trying to decide between Morgan Stanley PWM or WM. Other than higher minimums what is the difference between the two and what are the pros cons of choosing between them?
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depends, what's the role you're looking at?
at MS. Merrill & UBS, these distinctions don't mean a whole lot from the client experience standpoint. you may have some tools that the general advisor population doesn't have as much access to, but it's mainly a marketing name with higher minimums. it's still run like the rest of the firm (unlike US Trust versus Merrill).
Thanks for the answer and the very informative blog. So I'm not sure what to choose. Based on the website description it seems like there's more training at PWM, is that correct? Also, should the higher minimums scare off people since it will limit further the amount of people you're able to prospect?
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