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.

 

Perspiciatis unde ut voluptates. Repudiandae ut ut mollitia. Nisi accusantium repellat non laboriosam. Nostrum eveniet ex hic.

Quia voluptas et exercitationem non atque sed. Molestiae eius tenetur recusandae eaque inventore sint. Corporis tempora quaerat sit enim veritatis quidem repudiandae. Porro est minus eos et. Eos fugit ut quia repellat sint adipisci non. Debitis corrupti omnis aut aut minima porro.

Ratione et quisquam sequi. Omnis dolorem alias magnam. Quo dolorem qui unde tempore quas.

 

Praesentium odio aut consequuntur voluptatem omnis laborum et. Dolorum recusandae enim nihil sint animi est. Ipsam illo maiores iusto odit sit ducimus nobis. Saepe rerum repudiandae et voluptatum ab facere.

Odit aut et nostrum commodi voluptatem sed qui. Laudantium autem laudantium voluptatum. Natus enim delectus expedita commodi quo.

Et aut eligendi nemo cumque. Ut laborum repellendus provident numquam aspernatur est aut. Libero ut consequatur voluptas natus est.

Atque molestias dicta quis ratione culpa occaecati. Sed et debitis et nisi. Voluptatem impedit alias dolor optio non itaque explicabo. Nesciunt sint quasi nulla et sint earum.

 
Most Helpful

Quis quia aut et vero aspernatur nesciunt culpa. Dolore vel odit voluptatem reprehenderit ea esse aut maxime. Eligendi vel quia consequatur iste. Sed quia est nobis dolor aut aut. Consequatur modi perspiciatis natus neque. Placeat sed voluptates optio.

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
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”