Morgan Stanley Squeezes Brokers on Compensation. Useful incentive or Recipe for Disaster?

  • Posted by Admin
  • On December 14, 2016
By Phil Ciano, Partner Last week, Morgan Stanley announced broad pay cuts for its brokers, unless, according to the Wall Street Journal, the brokers “boost the fees and commissions they collect from retail investors.” According to the Journal, starting in January, 2017, Morgan Stanley is raising the bar for broker compensation “to incentivize [the brokers] […]
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