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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Would you take a high salary ($80k+) but minimal bonuses, or low salary (less than $30k) with unlimited bonus/commission potential? I’m in between two offers for a private banker role

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

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

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

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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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Anyone have insight into American Century Investments on their culture / reputation / comp?

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

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How much of your salary do you donate and to what organizations / causes?

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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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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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Anyone know or familiar with Regions Bank FA program? Do they have a good culture, steady referrals and what’s the comp like? Just evaluating... Seems like they are rapidly/aggressively growing..

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

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Do any of you honestly think you could be pulling in a one million dollar a year salary within the next 15-20 years....or is that just something we dont realistically aim for in our industry?

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Looking for help with salary negotiations. Are you willing to provide following info for my research? LOS base salary What percent commission do you make? Independent or national firm? Thanks much!!

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Would you move to an arguably weaker bank/firm for a significantly higher comp?

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Best tips & tactics when it comes to asking for a salary increase?

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When negotiating compensation at a new company, new role, should I tell them (or omit) what I make now?

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At what salary point did you feel "content" if ever? At $90k, and I've always figured once I got to $200k I'd be "good" and chill out, thoughts on that?

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Thinking of leaving a $80k salary banker job to become an FA at a competitor. Salary is $60k + inheriting a retired advisor’s book. Has anyone taken a salary paycut like this? Tips/advice?

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What’s a good third party platform for smaller clients who need long term growth. I’m looking for good trail comp options. I don’t want to open smaller advisory accounts that require annual reviews.

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How much has your salary grown since starting your career? Pretty curious to see how others have advanced.

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I got an offer to inherit a book at a competitor plus a lower salary than I have now. I’m considering taking it considering the flows alone on the new book are worth it to me... I think. Thoughts?

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What was your goal salary when you graduated college for your first job? What about your salary goal for age 25? 30?

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CPA compensation. I have a CPA who has referred me a ton of business how do we reciprocate? I cannot send him a hundred clients a year.

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People here actually figure out their hourly rate? Salary / hours worked all year. Or is it just me?

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What kind of contract or compensation agreement do you have with your assistant? Does your company draft up the agreement or do you write your own contract with them? Has anyone written their own?

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Is our comp and benefits really the best in the industry? Let's get some feedback from people who have been at other firms

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What percentage of your salary do you guys spend on rent?

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What is your hourly rate? Since, I’m 95% fee based. I don’t have an hourly rate for consultations or FP reviews. I was recently asked, what my hourly rate is for advising . Didn’t have an answer.

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I have a 401(k) plan that I am being requested pricing on for a local medical group. It's about $2M with 57 participants. What would you guys take as far as compensation goes for a plan of this size?

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Any Questar advisors out there? What kind of retention bonus is Woodbury giving you!

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You are hiring a Sales Assistant. 5 days a week. How do you pay her/him. hourly? salary? And how much?

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I made the mistake of doing math today. In my 1st 2 years I brought in 7mm in new assets to my fee-based firm. Good thing im on salary or we'd be broke. If this wad 1988 and that was commission...

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What actually happens during a reference check? Is there some permanent record? Do they call previous firms? Check salary levels?

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Looking to potentially go back into the chair (was in management until a layoff). Do not have any clients to start with so would need a salary to begin with. In NY area - where should I be looking?

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This coming year will be the first year I set up as a Scorp or an LLC. My question is not which one should I choose but when I take a salary what should I set it at?

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Let's talk comp. If you brought in 1000$ in GDC, what would your payout be on that, and which firm are you at?

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How many hours do you actually work a week? Then what's your salary? Seems the more money you make, the less you actually work.

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Do you think that the way compensation works in this industry is fair? If not, how would you change it?

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Team of 3 maybe looking for a change of venue. Aprox 100m in assetts and 800k production. What's out there on the Indy side? Payouts, tech, transition bonus? Thanks!

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What does a mental health day look like for you? Took one today & it was the best thing I’ve done for myself. Bonus Q: did you own up to it being a mental health day or did you go to “the dentist"

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We are actively looking for an administrative assistant. Also willing to speak with brand new advisors looking for a salary, willing to provide support and grow into a role as a financial advisor.

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Do you Indy guys carry Workmans Comp insurance?

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Would you rather be paid hourly vs. salary?

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Question for other non-owner Financial Advisors at RIAs... What % of client revenue do you receive for managing your AUM and/or planning clients? And do you receive a salary on top of that?

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How to justify your salary expectations?

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You are hiring a Sales Assistant, 5 days a week, 10-3PM. 25 hours. Small office, two of us (advisors). Suburban major metro area, no benefits. How do you pay her/him. hourly? salary? And how much?

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Best planning strategies for Non-Qualified Deferred Comp lump sum distributions? Election for lump sum already taken

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I’m confused with all of the different compensation terms I see here. I know it probably depends on your set up but still so much to consider. I see terms like Production, GDC, payout, etc. what does

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There was a survey here on FishBowl about a month ago about compensation I filled out, haven’t seen the results yet. Anyone know anything about it?

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I thought I’d be a great advisor but honestly I’m just not a good hunter. Salary is $100k plus bonuses but I always feel like my job is on the line. What other bank positions are there that pay well?

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Salary vs rent in what city?

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What comp do you guys have built in? 25,50,75,100 bps?

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Hive mind, what is northwestern's compensation like? Starting salary for New advisors? Commission on products? Want to know if it's worth it to switch. I'm 2 years in at another firm.

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Have another 12 mo on 10 yr contract w WFA (still owe about $400k of $2MM). Another $250k deferred comp awaits if I can make it to next April. Getting pretty bad here. Should I stick it out or not?

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Does anyone on here charge an hourly rate? If so, what is it and how did you determine the rate?

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1. Your salary. 2. The salary you deserve (realistically).

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Thinking about going from independent to a bank so I can have a salary and lead sources. I have my CFP, what would a base salary range look like?

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Why does everyone hate indexed annuities? Who would turn down the potential of 12% annual returns with a guarantee that they can't lose any money, all for free and even a bonus?

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How do you handle it when clients have work sponsored deferred compensation plans they aren’t able to move but they want advice? Simply bill them your fee each month?

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I've been working for a "discount broker" helping 400 clients with $300M AUM. $150k total comp Avg. CFP and motivated. Feeling under appreciated lately. Is the grass greener on the other side?

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Been interviewing new FAs and noticing most candidates want base salary. Question is, Why? To me, an advisor is an entrepreneur, every $ in base decreases upside earning potential. What am I missing?

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For those that have an assistant, do you pay hourly or salary? Days off?

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I have been given double the work than when I first started and have heard that the raises are lousy (10% of salary.) should I quit and go somewhere else? I love my boss but hate everything else.

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When you get a response to your job application and the first question is 'what are your salary expectations' (not 'can I give you a call to discuss') is it a red flag?

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What are some good paying salary jobs that are NOT financial advisor positions? Looking for something more secure and room for growth.

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Feedback please: hired a 33 yr old, 10 years in industry, no book, no marketing at this time 5 mos in. 120k salary. What would you expect them to do? Six-month review is coming up...

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After making salary for 2 yrs on team, mgr. wants to pay base + % of production even if it means a pay cut. How should I feel about this, what’s the best move...

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Which education concepts have proven most valuable to you in conversations with clients/ prospects? e.g. stocks, bonds, bills and inflation? Quilt chart? Order of returns? Bonus if you can share URL..

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Prepping for job hunt. What's the best way to answer (or dance around) the "current salary question? Should I be upfront?

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What’s the best website/way to hire new brokers for salary plus commissions spot?

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What's more important? Salary or title? Go!

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is it rude to ask recruiter about salary range before u confirm coming in for interview with managers?

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Does anyone know what the base salary for advisors at bank level as well as bonus structure?

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I have been working with a small independent firm for over a year and I'm getting ready to rework my comp structure. This is my first advisory job so I'm not sure what is the industry standard/avg?

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Thoughts on WFA PCG comp plan?

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Anyone have a role within an RIA that comp is not based on production and just paid salary? What’s your structure?

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Which profession deserves the highest compensation and why?

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Has anyone ever considered bringing on a Jr. Advisor and paying them a salary?

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I have a 401(k) plan that I am being requested pricing on for a local medical group. It's about $2M with 57 participants. What would you guys take as far as compensation goes for a plan of this size?

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Who's hiring? In central Texas Area? Can bring over 375k immediately and another 2 million after January. Salary or Commission, I don't care, as long as I get a fair split..

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Christmas bonus for personal exec assistant, how much?

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What do you all pay your new associates? Base? Bonus structure? Commissions?

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What happens at EJ when a veteran of 30+ years retires? Does the veteran get any comp or do they have to split their book amongst the local newbies?

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What do people get for referral bonus at your firm? Trying to refer someone, realized how weak ours is. 5k regardless of level

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Interested to see how my comp structure compares to the industry. If your GDC was $600k+ what would your payout be?

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Does your firm comp you for bringing in and managing family money? I. E. Parents grandparents siblings etc.

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What are your thoughts on the new 2018 Merrill comp plan? No more bonuses with SGA going away. 3HH requirement to avoid grid reduction. I️ have too many households now! I️ only want $1mm+!

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How realistic is it that in the event of all wirehouse firms ending protocol they soon begin to drastically slash financial advisor compensation? Is this fear mongering or an inevitable reality?

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Who can tell me the pros and cons of the Aviva Indexed Annuities. It may be called income preferred bonus. Awaiting the paperwork.

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Anyone else in a position where they are not required to bring in business/sell but just manage an existing book of fee based clients? What is your comp structure?

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what is the craziest or most expensive thing u bought with a promotion or bonus

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What would you consider a starting salary range for an individual with 10 years experience in the industry and a CFP certificate of just over a year?

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Do you guys pay your SA? If so what do you give them? Also if you want to share what do you typically bonus them for the holidays? Want to see if I’m in line with others. Thanks!

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Would you accept an offer at a firm that will absolutely grind you but the comp is top?

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Looking for input from indy/RIA, wirehouse, B/D, Bank, Insurance folks all in one spot. If you have $50M wrapped at 1% (let’s just assume for this purpose)... what does that equate to for total comp?

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I haven't received my numbers yet. What is the monthly numbers we (PMD PROGRAM) need for the first quarter and how much is the bonus for meeting those numbers? As in Gross and NNA?

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Trying to find some info on Janney’s production grid? All I can find is from 2012. Do they decrease comp every year? What is the grid? Etc...thanks

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I remember when I was younger, the idea of making a six figure salary sounded so out of reach. Now that I have it, why do I feel like I haven't "made it" yet?

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Best idea for a life insurance policy w a LTC rider? Have 300k life insurance, 100k self sustaining, no premium of 48k, and 200k of adjustable comp life w a premium of 3k/yr, cash value of abt 18k

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I have a 401(k) plan that I am being requested pricing on for a local medical group. It's about $2M with 57 participants. What would you guys take as far as compensation goes for a plan of this size?

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I would like to bring on another advisor and would prefer someone with two yrs experience +, and some actual planning and investing under their belt. Salary plus commissions. Where do I search?

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Any ideas on where to look for a salary position still using 7&66?

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Does Jones start folks out on a salary and then commission? How much could he expect to make the first year?

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Other advisors have told me that EDJ will be changing compensation for their FA's including compensation for trainees effective 1st of the year. If you are aware of any details, please let me know.

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After much consideration I have determined my hourly rate to be rather low at $150/hr. Never had a client bat an eye at the rate and have plenty of demand for planning services. What should it be?

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Considering joing a team as a new FA- fee based. Just wondering how that differs from transactional in terms of compensation for a new FA.

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

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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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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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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?

likehelpful
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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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Anyone have insight into American Century Investments on their culture / reputation / comp?

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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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Would you take a high salary ($80k+) but minimal bonuses, or low salary (less than $30k) with unlimited bonus/commission potential? I’m in between two offers for a private banker role

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Anyone know or familiar with Regions Bank FA program? Do they have a good culture, steady referrals and what’s the comp like? Just evaluating... Seems like they are rapidly/aggressively growing..

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How much of your salary do you donate and to what organizations / causes?

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