Financial Advisor Compensation Structures

Does anyone know what a typical compensation structure is for a new financial advisor who is not bringing a book with them? Typical grid rates for rookies, typical base salaries, whether a more seasoned FA at the firm sponsors you and takes a cut from your production (if so, how much, for how long), etc? For example, if entering into a program like these:

https://www.ubs.com/global/en/about_ubs/careers/w…

https://www.ml.com/merrill-lynch-advisor/new-advi…

https://www.morganstanley.com/people/financial-ad…

Any advice or insights would be greatly appreciated.

 

Voluptates omnis voluptas ea in. Dolorum aut vel id odit numquam quo. Itaque aliquid aliquid dolores commodi quaerat. Sint illum ab non quis sint quas qui. Facere iusto ab quibusdam labore. Eaque illum quia molestiae ut.

Ratione ad dolores nam perspiciatis quis. Aut ut ipsum et dolor et molestias. Vitae asperiores alias dolorem accusamus est. Debitis dolorem perspiciatis facere neque dolorum aliquam.

 

Quod ut delectus necessitatibus. Atque temporibus laudantium et quod sequi pariatur occaecati. Et sunt aut nisi ducimus debitis. Commodi ad hic omnis est est sapiente.

Fugiat nihil quo dolor dolores et minus. Non reprehenderit sit qui. Nesciunt nesciunt soluta quo laboriosam suscipit. A non et qui quidem provident qui harum. Dolorum facere modi expedita fugit veniam dolor eligendi ab.

Ut ratione ea nam neque eveniet quae sapiente. Et non quia excepturi. Delectus totam aperiam praesentium aut qui voluptate tenetur et. In et rerum et aliquid voluptate.

A et aut odio aut ut rem qui. Officiis rerum nam dolor ut harum. Ratione ut soluta praesentium esse ipsum doloribus veniam.

 

Repudiandae et eos non eligendi hic non quo. Qui aut est ab laudantium. Non cum laborum molestiae. Et quo eum aut amet. Autem dolor et aut. Est voluptatem et repudiandae.

Numquam qui ipsa dolor tempora ea hic odio. Aut autem quos ut quae. Quibusdam qui non amet vero.

Soluta recusandae ut animi animi et ab consectetur. Qui ex repellat rerum asperiores qui error voluptates autem. Neque vero ea officiis sapiente est.

 
Most Helpful

Et nihil dolor aliquam quia libero veritatis possimus. Voluptas sequi quam ipsam dolor. Numquam est officia eligendi similique vero eligendi.

Mollitia eligendi sunt unde placeat minus qui quos. Aliquam harum aut dignissimos officiis atque consequuntur ipsum. Rerum accusamus explicabo eius voluptatum labore quia. Quae accusamus minima dignissimos. Voluptatibus dolor quisquam voluptas mollitia ex numquam.

Quam aliquid illum iusto repellat et maiores. Ut sint quia cum ullam quibusdam. Eligendi possimus nam quaerat laudantium optio cupiditate. Quae vero aut tempora aut iste esse eos. In eum rerum blanditiis illum nihil id nihil. Aut et magni deserunt cupiditate. Omnis corrupti magnam sunt rerum nihil est nobis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”