The Morgan Stanley Wealth Management Financial Advisor Associate (FAA) Program is rigorous, demanding, and intense 36-month training and development program. The typical Morgan Stanley Financial Advisor Associate salary is $54,513. Financial Advisor Associate salaries at Morgan Stanley can range from $14,000 – $100,025. This estimate is based upon 258 Morgan Stanley Financial Advisor Associate salary report(s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a Financial Advisor Associate at Morgan Stanley can expect to make an average total pay of $ 71,521.
How much does a Financial Advisor make at Morgan Stanley in the United States? Average Morgan Stanley Financial Advisor yearly pays in the United States is approximately $59,434, which is 7% below the national average. Salary information comes from 280 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 24 months.
Financial Advisors at Morgan Stanley Wealth Management can potentially earn significant income early in their careers. Morgan Stanley Wealth Management Financial Advisor Associates do not work on a commission-only basis but rather are provided a base salary and incentive opportunities for performing to the firm’s high standards and rewarded for exceeding them.
Morgan Stanley Dean Witter was an excellent financial institution to work for. The paid education was amazing. Morgan Stanley definitely invests heavily in their employees. Lastly, my mentor was also an amazing individual.– Financial Advisor (Former Employee) – Princeton, NJ – March 1, 2018
Great as a transition job, management is very old fashioned and not motivated to be involved. They will think poorly of you if you do as they do. The workplace is very slow and feels old, like sitting in a wood office with dark and dusty curtains. – Financial Advisor (Former Employee) – USA – February 11, 2018
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.
The Financial Advisor will be part of a team that supports the Mass Affluent channel (households below $250K) by providing world-class client service. In addition, the FA will provide investment advice and guidance based on an individual client’s financial needs and objectives within a call center environment. The FA will not have a book of business or own any individual client relationship; they will be the primary contact for a client’s service and financial needs. The role will require the FA to deepen relationships with Mass Affluent clients through portfolio review, outbound call-out campaigns, retention strategies and providing solutions for client needs.
Job responsibilities include handling a high volume of client contact and activity, conducting research in connection with various product requests and identifying client growth opportunities. This individual is expected to handle incoming and outgoing calls within a call center framework. The FA will build strong business relationships and offer financial recommendations and solutions in the best interest of the client. The individual must thoroughly understand all Morgan Stanley systems and comply with all Morgan Stanley policies and procedures.
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