Financial Advisor Associate

Are you ready for a challenge? Questions to ask yourself:

Program Description

A TRAINING PROCESS GEARED TOWARDS YOUR SUCCESS

JOB RESPONSIBILITIES

• Complete proprietary training in finance, wealth planning, investment strategies and products.
• Effectively source business prospects and employ client acquisition techniques.
• Consult with clients on wealth management strategies based on their financial and investment goals.
• Balance referral activities, customer follow-ups and administrative tasks.
• Comply with all regulatory requirements, including licensing and registrations.
• Meet pre-determined production goals as outlined in training program.

JOB REQUIREMENTS

• The best Financial Advisors are high achievers, astute listeners and skilled problem solvers who can offer specialized advice to help clients meet their wealth management needs.
• Bachelor’s degree in business, finance, sales, marketing or related field, or equivalent to five years’ professional experience in business development, management, sales, legal, accounting, education, military, finance or other business-related field.
• Exemplary communication, presentation, time-management and organizational skills.
• Talented at networking with businesses and personal communities.
• Ability to listen to client needs and provide financial solutions.
• Successful completion of background check and pre-employment assessments.
• To qualify, applicants must be legally authorized to work in the United States, without requiring, now or in the future, sponsorship for employment visa status.

The Hiring Process Consists of 4 Phases:

Compensation

• Financial Advisors at Morgan Stanley Wealth Management can potentially earn significant income early in their careers. Morgan Stanley Wealth Management Financial Advisor Associates do not work on a commissions-only basis but rather are provided a base salary and incentive opportunities for performing to the firm's high standards and rewarded for exceeding them.
• The compensation structure of the FAA Program is designed to support FAAs throughout the initial development period, offering the opportunity to receive substantial compensation. Morgan Stanley Wealth Management expects the best of its FAAs, and high-achievers are compensated accordingly.

FAAs Are Eligible for the Following Types of Compensation

• Salary commensurate to your experience
• Incentive Compensation (Monthly)
• Incentive Bonuses (Annual)
• Notes: All compensation referenced herein is subject to applicable income tax and other wage withholdings.

FAQs

What is the base salary?

• Base salary for the FAA Program is based on several factors, including but not limited to relevant experience.
• Will I be paid while I study for my Series 7 and Series 66? Yes, you will be paid your salary while in pre-production, which consists of studying for your exams and completing the required curriculum. You will also be eligible for overtime during pre-production.

What locations in the U.S. can I work in as a Financial Advisor?

• We have more than 500 branch locations in the U.S. and have training opportunities in most of these locations.
• Can I work part-time? The FAA Program is only offered as a full-time position.
• How long is the FAA Program, and what sort of training will be provided? The FAA Program is a three-year program. Comprehensive training includes: instructor led national training sessions conducted virtually; training led by the Associate Complex Manager conducted locally at the branch; regional coach-led training; and web-based training.
• What type of advancement opportunities would be available to me as a Financial Advisor? There are many opportunities once you have successfully completed the FAA Program and established yourself as a successful Financial Advisor. You may pursue management roles at the Branch, Complex, Regional, and Divisional levels, as well as other opportunities throughout the organization.
• Will Morgan Stanley Wealth Management sponsor my international work visa? Morgan Stanley Wealth Management requires that FAAs be authorized to work in the U.S. without restriction as to duration, and does not sponsor international work visas.
• https://www.morganstanley.com/people/financial-advisors/financial-advisor-associate#594760089
• The salary range for the position: $65,000 - $90,000. The successful candidate may also be eligible to receive incentive compensation. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com