3.0
Sep 18, 2016
Former employee, more than 1 year
Frankfort, IL
Recommend
CEO approval
Business Outlook
Pros
Great company, global leader of wealth management. Benefits and training is constant.
Cons
Extremely challenging to succeed. Financial advisers are hired for their networks. MS does little to help you with leads. You must find a way to gain clients through cold calling, buying lead lists, networking and working your networks. Failure rate in the first three years is 90% taking into count of sons and daughters taking over father's and mother's book of business, those that have worked as FAs with other companies and those that are new to the business. Finding someone to partner with on their book of business is important.