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Vault Message Board: Charles Schwab

Topic Name: Income at Sch for FCs
Message Name: See i've been getting mixed
Date Posted: 02/17/2006
In Reply To: Don't know the current schwab average but I am certain it is far lower than wirehouse brokers. I know several brokers who have been at it for a long time. If you can make it 5 years you should be making at least 300k and it could go much higher. Many are leaving the big firms and going independent and 100 % fee based and doubling or tripling their payouts and maintaining easier portability of their books if they choose to change third party brokers(for clearing). Good luck
Message: messages from people in regards to "potential income" at Schwab. I just want to know if i'll there will be a cap on my income. I don't want a ceiling on what i can make. I hoping that's not the case with Schwab.

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