Quote:
Originally Posted by Unregistered
What do RMs make? Base and comms?
I see many rms sell universal life, now driving big cars and fancy cars
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RMs for what? Mass retail like selling cc, banccasurance and invesments to retail ppl like u and me -> commissions driven, the sky is ur limit
SME/corporate/private banking RM -> usually fixed base + commissions which may vary based on individual/team/market desk performance
How much exactly do they earn? I don’t have an ans esp for retail since it’s like insurance agent depends on how much clients/aum they bring in. For the rest, i guess the base can range anywhere from 6k as a junior RM and goes up from there?