Hey fishbowlers! Question concerning compensation for an FA assisting the main advisor on a $135M book. I am doing a lot of the work now as he is going to retire in 4-5 years and he is taking a step back. I do all the investment management in the account. Only 4 years of experience but I've picked this up quick, am series 9-10 licensed and halfway through the CFP. What is fair compensation for someone like me? I don't know what is typical or fair.

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Advisors under 30, which is more attractive to you: 100k salary, 80k plus bonus opportunity (bonus between 5-40k), or 40k salary plus 50% of production. First two include heavy non solicit contract, last option is full ownership of your book. Which one and why?

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Lots of RIA’s are hiring salaried advisors. What’s the average salary for a salaried advisor position?

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I have an admin that has a license for insurance business. I pay her a salary and she has brought in some new business. What % split would you pay her on the insurance business she brings in?

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Getting headhunted hardcore for a salaried banker position ($100k+ bonus) and right now I’m making $65-$70k as an FA in a development program. I’m hitting my tiers but I hate the program. This banker role would not have me in a program... what are pros/cons to leaving to go to a role like this?

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Anybody aware of something changing at Merrill? We have a meeting next week that’s mandatory and not clear on subject matter. So typical A type FA, I assume it’s a comp change. Anyone know anything?

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Do you ever share your salary with anyone other than spouse/SO? As in other family members, close friends, coworkers who you’re friends/close with?

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Can anyone tell me the best sources for me to research compensation models? I have asked for a new comp plan with my firm and need to research competitors. Thanks

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Spokane, WA new hire comp: They pass test (I reimburse) then pay starts. Year 1: $40K & 10% comm. Year 2: $30K & 20% comm. Year 3: $20K & 30% comm. Year 4: $10K & 40% comm. Year 5: 50% comm. Thoughts?

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Honest and serious question: how is deferred compensation legal? How can firms unilaterally decide that they are going to defer earned pay for upwards of 8+ years?

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new ca on the squad who is purely admin at moment. Eager to learn and likely become fa. Also has extensive network. How would you comp him for introduction he makes into the practice out of the gate?

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Does anyone know about fidelitys platform, base, compensation and goals?

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What was your salary, savings, and price of first house when you purchased your first house?

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Getting an email saying "variable compensation" may be affected makes me feel like a vampire in a silver mine.

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Pru’s comp plan changes were just announced for next year. Do all companies change frequently? I feel like this is my 6th big change in 9 years.

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Which firms pay a base salary for financial advisors and how much is the base? Everyone share your salary if you have one!

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Your birthday is in a few days, you just got your bonus, are happy with your savings/retirement contribs, and have disposable income. What do you buy yourself for a birthday gift?

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Mass Mutual: how’s comp? Culture?Thoughts?

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Happiness and potential for growth vs. great compensation -- which one do you prefer?

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Best way to attract a junior advisor to your firm? Looking for someone who is licensed and knows how to work with clients but maybe not the best marketer. Best comp structure?

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For rookie FAs: how much success have you had negotiating your comp? I’m a rookie and I made zero progress from pushing back on starting pay. I’m curious what’s even possible.

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Best tips and tricks to stay fit and healthy. Bonus for any diets that have worked for you!?

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For those that work at an RIA and are relatively “young” advisors - what’s your compensation structure? Base + bonus + referral fees? Split rep fee?

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Opinion: work with a firm as an independent, self employed financial advisor. On a draw right now ends soon, not nearly enough AUM to sustain. Got offer from insurance agency that will pay salary +

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Any Thrivent Advisors our there? What is the compensation structure? What is the culture like?

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Can anyone here whom has had their brokerage acquired by another firm tell me if they received a retention bonus or "golden handcuffs" to stick around with the new firm? If you did, how much was it?

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