3.0
Jun 12, 2023
Recommend
CEO approval
Business Outlook
Pros
the FC role furnished existing client leads and initially we grew discretionary books of business from these leads
Cons
the FC role was changed after Morgan Stanley acquired Etrade. Our discretionary books were transferred over to a Managed Account team to service. FCs were then responsible for referring ETrade clients to Morgan Stanley advisory teams. In May of 2023 the FC role was eliminated.