| Topic Name: |
Income at Sch for FCs |
| Message Name: |
I found this article.. |
| Date Posted: |
02/17/2006 |
| In Reply To: |
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. |
| Message: |
I don't know how accurate it is, so i hope people here can comment on it.
Quote from Brokerhunter.com article:
To stay competitive, Schwab offers a base salary of $55,000 to $90,000, plus commissions, and expects all its financial consultants to make at least $150,000 a year. The top 10% earn $250,000 to $300,000, says Carla Foster, vice president of staffing and diversity. If that sounds attractive, you can get your foot in the door by applying for a customer service or other entry-level job at one of their branches. Once you prove you have the right combination of communication and math skills, Schwab will sponsor you through the course work and tests required for your Series 7 license.
|
|
