Morgan Stanley plans to increase the amount of deferred advisor compensation in 2015, even while it keeps the formula for determining that compensation unchanged, according to multiple sources.
Deferred comp will range from 1.5% to 15.5%, and depend on an advisors revenue and tenure, said sources with knowledge of the compensation. The deferred portion will be 75% in cash that vests over eight years and 25% in stock that vests over four years, the person said.
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