What are some of the financial brokerage firms with the worst salaries comparatively in the industry? (ex: Schwab, TD, Vanguard, Merrill, Fidelity, etc)

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Definitely vanguard is the worst

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Vanguard routinely cuts your lunch to 30 minutes in order to make up for understaffing. The 37.5-hour work week is to avoid paying overtime when they do this. Pay overall is substantially lower than industry norm, and the 401k match doesn't even begin to make up for it. Annual partnership bonus was reduced years ago so it's not very significant.

likesmart

This is a hard question to answer because like many other things in life, your salary is a direct reflection of your value to the firm. There’s levels to this game my guy.

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Smith Barney circa 2008, my salary for an FA trainee was $30k. Manager was a total douche and knew I would accept whatever offer they gave me. I’m guess that was the firm minimum at the time.

Fidelity salaries are pretty low compared to other firms but their benefits package is unmatched from what I’ve seen. Depends on your priorities.

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Kab tak aayega yaar yeh appraisal

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Additional Posts in Salaries in Finance

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