Compensation

CompensationDiscount Broker Charles Schwab leads off his book of advice by describing an "eager-beaver stock salesman" he says he knew who took a prospect to look at the boats in the harbor. "As they surveyed the various luxury craft floating before them," Schwab writes, "the salesman pointed out all the yachts owned by successful brokers. 'But where are the customers' yachts?' the prospect innocently inquired."It's odd that Schwab would appropriate this famous bit...