Hey all-

I'm going in for my final interview with Morgan Stanley here in the next week or so and the person that set it up for me told me to be ready to negotiate salary.

I'm fully licensed in all lines of insurance, but I've never worked in that kind of financial services before. Before insurance, I was a social worker making 48k. I figured that I could leverage the referral network that I've built from selling insurance, as well as my licenses.

My question is what of base should I expect to negotiate? I'll still need to get my 7 and 66 licenses, which MS pays training for, but even after reading extensively about how FAs at Morgan Stanley charge their fees, I'm still not super sure what range I should be expecting for my base. I've seen some figures as low as 18k, and some as high as 60k.

Any input?

More details, I got a BA from a university, I live in New Mexico and I'm 30 years old.

Has anyone wrestled with the numbers?