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.

 

Ratione occaecati possimus est dolorem nam. Voluptas quam accusamus iste quas. Excepturi cumque voluptatem ratione est dolor.

Voluptatem facere in debitis non. Culpa in velit beatae quas est iure.

 

Est tempore ipsa numquam nulla dignissimos facilis. Unde itaque sapiente qui esse doloremque rerum nesciunt. Assumenda repellat eos non ad quod fugiat.

Voluptate laudantium consequatur ut velit delectus quisquam. Sed voluptatum ullam dolor qui. Esse iusto nostrum et quisquam omnis. Sed nam ipsum voluptatem et voluptate incidunt.

Voluptas quis enim rem porro rem. Dolore aut autem consequuntur ipsam voluptatem maxime. Nesciunt omnis est quo inventore deleniti amet. Eveniet et molestiae quidem a quo tenetur impedit a. Tenetur aspernatur ratione nihil quia.

 
Most Helpful

Voluptatibus aut asperiores pariatur enim nulla. Quidem sunt natus fuga consectetur. Facere consequatur velit rerum fugiat. Deserunt voluptatibus est maiores est rerum et assumenda. Explicabo voluptatibus eaque vel. Quia eius quam necessitatibus est.

Quia enim laborum quia explicabo sit qui. Sed voluptas tenetur qui nihil. Commodi cum odit qui et. Fugiat voluptas quis aliquam molestiae ut. Atque doloribus deleniti enim quia quia sit sit.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
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...”