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Changes to Deferred Comp Plans Irk Morgan Stanley Advisors

Sunday, Feb 15 2015

News Roundup

Written by PFA News

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A new compensation plan at Morgan Stanley will defer as much as 11% of brokers' pay for up to eight years and has prompted advisors to vent their criticism of the change on industry websites such as AdvisorHub. So reports Fox News.

A Morgan Stanley spokesman, however, maintains that the firm believes the deferred compensation plan is in line with other Wall Street firms.

Read the full article from Fox News.

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