- On May 8, 2017
Wirehouse advisors deal with complex payout grids and bonuses that can make it difficult for advisors to determine what their true grid payout.
Our experience is that wirehouse advisors are typically making less than they think. Not hitting new asset bonus awards, haircuts, paying your CSA, and other factors add up and decreases your net payout.
So how do you easily determine what your net payout grid is? It’s a simple exercise. Take the earned amount showing on your last year’s W2 (less any straight compensation – bonuses, matured deferred comp payout, etc.) and divide this your annual gross revenue. This will give you a “true” earned Grid.
After you put down your calculator call us to hear about the myriad of options you have available in the industry for substantially increasing your true earned grid without sacrificing support or platform.
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