Good company but I don't see how advisors can retire here - Financial Consultant Charles Schwab Employee Review

With all companies, Schwab has it's cons. Rather or not you can live with it is up to the individual but I don't see how anyone can work here for the long term. I think the management team knows and expects that. The biggest issue here is compensation for FCs (or in branch advisors). They want you to work like a ML or independent advisor going out and get business. However, they don't pay you like one. The worse is that they are subsidizing the savings for investors on the back of advisors. So we see record earning and profit emails from corporate every quarter, but are told that our compensation is being reduced year over year. The corporate bonus pool is funded at 120%, but we don't get that. So investors get discounts in fees, executives/managers gets their bonuses, FCs gets a cut in income. Ouch. Second, not all FCs are the same. Meaning that if you been with Schwab for over 10 years and had your pick of your BOB, you are likely have a solid income ($150k+). So I think Schwab management is trying to address this "issue" by tweeking FC comp. However, it also hits new FCs so I don't see how or why I would want to stick it out. Lastly, their bonus structure is a joke. We all know that the name of the game is for assets and put them into management. Charge backs are a part of that process. But Schwab took it to a new perverse level. They require that all clients stay in the solution for 2 years or the entire bonus is paid back to Schwab, no proration. So if someone stayed in a solution for 23 months, Schwab collected fees for 23 months, but you have pay back you ENTIRE bonus. What's worse is that it also counts gains. So in a year like 2017 where clients made 20% in the market and they decides to cash out that 20% and spent it, that 20% will count against your earnings. Why would that make sense?