I need more info on the Financial Advisor training program at Wachovia.

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Comments (7)

Edgar in Miami, Florida

10 months ago

I had my phone interview today, the recruiter told me the base salary is 40K-50K. I have 5 years with my series 7 and 63, does any one know how much I might be able to get? also how does commission work in the first two years with this salary?

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fs2002 in cherry hill, New Jersey

10 months ago

is it a financial advisor position or a financial specialist position? fa's are straight commission, generally (at least it used to be) with a sign on bonus. fs's are around 47-50k.

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Edgar in Miami, Florida

10 months ago

fs2002 in cherry hill, New Jersey said: is it a financial advisor position or a financial specialist position? fa's are straight commission, generally (at least it used to be) with a sign on bonus. fs's are around 47-50k.

it's Financial advisor candidate, they told me is a 2 year program with a basa salary for 2 years and after that 100% commission. I want to know how commissions work for a financial advisor during these two years with a salary and also after the two years what percentage of the commissions will I get?

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Dennis in Reading, Pennsylvania

10 months ago

I am interested in the answer also. I am considering being an FA.

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Aaron_01 in san jose, California

10 months ago

Dennis in Reading, Pennsylvania said: I am interested in the answer also. I am considering being an FA.

I might be able you with that. I know some places that are looking for financial advisors and are willing to train new ones with no past experience. There are some part-time openings (they allow you to keep your day job if you want and learn the business) and some full-time openings. Email me and we can chat about the details acasey01@gmail.com

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Dennis in Reading, Pennsylvania

10 months ago

Aaron has mail

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Edgar in Miami, Florida

10 months ago

Thanks for all the help guys, I found the answer to my question on this website. If any of you are interested, it detail how commissions are paid in every mayor firm.

www.onwallstreet.com/attachment-cache/iag/pdf/ows/payoutgrids/2008/OWS_BB.pdf

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