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Doctor – Does your Broker Make the Grade?
[By Staff Reporters]
Dear Colleagues,
Does your stock-broker or brokerage firm make the grade?
Be sure to participate in the annual broker report cards survey. And, if you work for Merrill Lynch, UBS, Morgan Stanley Smith Barney, Wells Fargo Advisors or Edward Jones, this trade magazine [Registered Rep] survey is for you.
Assessment
Click here to participate!
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Filed under: "Doctors Only", Financial Planning, Portfolio Management, Surveys and Voting | Tagged: B-D, broker-dealer, Edward Jones, Merrill Lynch, Morgan Stanley Smith Barney, Registered Rep, registered representative, Series 7, stock broker, UBS, Wells Fargo Advisors |
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Zeke
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Madoff Video Mocks SEC’s Incompetence
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Zeke
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Stockbroker Pay and Prestige Down
At one time, being a stockbroker was a genteel and lucrative position, and while it can still be lucrative, few see it as genteel (sorry people, but post-financial-crisis mom’s probably not going to brag to her friends about you being a stockbroker).
Plus, the big bucks are often harder to come by. This is thanks, in part, to the fact that a lot of what stockbrokers do can now be done online, so there’s sometimes less of a need for a full-service broker.
And, the pay, while extremely decent, isn’t exactly going to make most stockbrokers rich either: The median salary is a little over $71,000 a year, according to the Bureau of Labor Statistics.
Kenneth
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Stockbrokers
At one time, being a stockbroker was a genteel and lucrative position, and while it can still be lucrative, few see it as genteel. And, It used to a more prestigious job, but now it’s almost like you have to prove you are ethical.
Plus, the big bucks are often harder to come by. This is thanks, in part, to the fact that a lot of what stockbrokers do can now be done online, so there’s sometimes less of a need for a full-service broker.
The pay, while extremely decent, isn’t exactly going to make most stockbrokers rich either: The median salary is a little over $71,000 a year, according to the Bureau of Labor Statistics.
Benjamin
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