Has anyone done/heard of the Morgan Stanley 3 year program? If so, what was it like?

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I went through it. 95% of people don’t make it. They’ve made it easier since but it’s still challenging.

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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...

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