the program is broken up into 3 phases as listed below, the various phases seem like morgan stanley has the infrastructure to help a young planner starting out his in his career. “phase 1faas are required to pass the series 7 and 66 licensing exams, begin consultation meetings with their designated coaches appointed to them at the commencement of the program, complete assigned curriculum, and attend the first national performance training session. likely the classic wirehouse fadp program, i assume they’ll want to see you raise an exorbitant amount of capital on your own for your first three years, and if you can’t meet your goals, you’re out. morgan stanley is perfect for a certain type of client and can bring a lot of value, and you as an advisor bring those morgan stanley tools and resources to the table along with your personal knowledge/specialty.
you learn a lot while in the program and gain experience in the industry… which is required for your cfp. now… if you should join the program – that really depends on what you want out of this career. and i’ll tell you, there absolutely is a lot of value you can bring to the table. but as a way to learn the ropes and gain some years of experience while getting paid, i’d absolutely recommend the faa program. passing rates are low and without a strong network and an fa / fa team helping you and backing you while you get up and running you will be in trouble before phase 2. that is a sales program where you will just be cold calling.
the program is broken up into 3 phases as listed below, the various phases seem like morgan stanley has the my friend just took a job at morgan stanley as a private wealth advisor and he doesn’t like it. you’re in a 2-3 yr program wanted to hear feedback about the waa program mostly as that’s where i would start. however, it’ll lead to the faa so i , morgan stanley waa program, morgan stanley waa program, morgan stanley %22waa%22 reddit, merrill lynch financial advisor development program reddit, chase wealth management advisor development program reddit.
anyways, the morgan stanley faa program is 3 years long with base pay+ commission and they start to downgrade the 54 votes, 55 comments. i’ve been with morgan stanley for the past nine months ( financial advisor associate program) not sure if you got this answered, but absolutely do not do the faa program unless you love sales, have a wealthy , working at morgan stanley reddit, financial advisor salary reddit, reddit becoming a financial advisor, financial advisor prospecting reddit
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