Related Posts
More Posts
Additional Posts in Financial Advisors
What mutual fund companies you use most
Wells Fargo merger news. What’s it mean?
What is your close ratio with walk ins/call ins?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.




I went through it. 95% of people don’t make it. They’ve made it easier since but it’s still challenging.
I'm in it now. I think the numbers are skewed because many get recruited out. Our complex does a good job of trying to partner or team people in the program, so it probably does depend on your location. I think the actual number is closer to 10% that complete the program, although they like to say 30%. Again, a good amount are getting offers from RIAs, other WM firms and wholesaler type jobs. I've seen a few go to internal wholesaler jobs paying about 100k plus significant bonuses after a year in the MS program. A recruiter called me the other day for a 150k plus job that I told him I wasn't interested in right now. So there are exit opportunities if you aren't cutting it...