Ed Jones FAs- I saw where the firm is going to do a partnership offering next year. This is going to be my first offering (was too green last go around) and am curious as to what people around my production level have gotten in the past. I’m level 8 (700k production), about 250k in T-12 profit. I’ve served in leadership roles, including a “Key leader” role. Is thinking 40-50k offering too much?

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Posting as :
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No clue but I’d bet that’s a little high unless you’ve done a bunch of recruiting hires. I’d kee expectations in high 20s or low 30s so you aren’t too disappointed.

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Based on past experience, I would say somewhere in the $20k range

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your introductory offering will be a tad smaller from experience as well as what i’ve heard. i agree w prior post, high 20 to low 30s would be a healthy expectation. congrats on your success.

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How are you a Level 8 in 4 years?

I was probably a 2 or 3 during the last offering. I started March of ‘15. Moved a little faster than 1 level/year.

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You’re better off going independent t.

nice! congrats on your ongoing success. i barely made it round one too and got 19k offer. expecting quite a bit more this go-around.

on Join Venture SP, it’s still in the test and learn phase. That said, my understanding is that you’ll have your standard k-1 and a separate k-1 for the branch to account for T bonuses, etc. Word out on the street is it’ll more accurately reflect / compete w offerings at RJ / LPLs, where you essentially oversee your overhead and no more split w home office. not sure if that means a flat fee for HO support, but i’m excited to hear more info. 2 reasons, retain high producers and attract high producers w/out them needing to go on a W2.

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