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Morgan Stanley Makes Adjustments to 2022 Incentives

The core payout grid for Morgan Stanley’s advisors will remain unchanged for the firm’s 16,000 advisors and brokers. However, it is making some tweaks to its incentives. So reports Think Advisor.

dollar 5242033 640Net acquired asset growth will focus on all client balances beginning in July.

“Consistent with our strategic objectives, the plan is designed to support you as you continue to grow your practices and deepen client relationships,” Vince Lumia, told advisors and brokers. The head of field management made these comments in a memo. “The minimal updates made to the plan are aligned with our modern wealth strategy and are intended to best position you as your businesses evolve to meet your clients’ unique needs.”

Read the full article from Think Advisor.

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