I need some advice from advisors who have brought other “Junior” Advisors on. What is a fair split? Currently I have passed on my smaller clients to them, as well as providing consistent leads for them to call and meet with. The individual is working to build their own book of business, but up to now doesn’t have much production. They have only been in the business for about 2 years. I also provide an office and everything that comes with that, and admin assistance. Thanks in advance!

like
Posting as :
works at
You are currently posting as works at

Why bring on an junior advisor if your not going to allow him to work your book as well. If you going to make him build a book then why not just give him your small clients you don’t want and let him have his own production? I think we need more clarity of why you brought on a jr fa?

That’s not a junior advisor.

Related Posts

I’m a CD with a copy background and I’m looking to sharpen my art and design knowledge. Any suggestions for books, courses or any other resources that could be helpful? Thanks.

like

Hi fellows,

I am Business Analyst with 12+ years of experience. Looking for better opportunity. Can anyone refer a job for me?

like

Hi, I'm new to Dallas. Have been eyeing on rental investment in Dallas. Looking into Zillow, properties in Arlington seem to have good appreciation. Is it good idea to invest in Arlington? What other areas in Dallas can I consider (checked Carrollton, Plano, Coppell, Addison).
Thank you.

like

Would anyone be able to summarize the basis rules tested in REG? Im having a hard time nailing these down two days out from the exam :(

like

I'm going for ratangad trek this weekend.
Anyone wanna join ??

MUSIC RECOMMENDATIONS: What songs/albums do you love and what makes you love them?

like
like

What is the best way to hand in my resignation when I’m working from home? I do know the supervising attorney is always in the office. Email or hand it in personally

like

UK Corporate lawyer here. In my appraisal I was told I am not performing to 3PQE.
I joined from a client, following in-house training. I then moved at the beginning of the pandemic and my offer was pushed 6 months (where I wasn’t working). I then joined on the condition that I did real estate for 6 months.
I have also spent 4 months on parental leave, so I have only spent 16 months in the team. I am paid the same as an NQ. This all feels very unfair. Please share any advice you may have.

like

What kind of questions I can expect in Siemens partner round?

like

What're you guys doing tonight?

like

Anyone looking to move to Streeterville? DM me if you’re interested in a 650 SQ FT Junior 1BR. It’s vacant and clean/ready for move in.

Feel free to comment with any general questions.

likehelpfulfunny

Hi everyone newbie here! Does anyone have any insights into Retail Account Management at Pinterest . Thankful for all and any insights into the interview, salary, bonuses, etc. THANK YOU!!

like

Anyone here retool from a transactional practice to lit? Are you happy with your decision? I usually see the opposite move.

like

Can anyone recommend a good recruiter in the SF area, for in-house creative gigs. Asking for a partner.

Some of these people are legit crazy, petty, and sexist. I'm so done with B4

like

Does anyone have any idea on the pathophysiology of how hydroxychloroquine would be beneficial in this situation?

like

Any cool gear/mods y’all can recommend?

Fastest way to understand Java scripts? I don’t need to write Java but need to figure out the logic of the code for a summary report. I have Python and SAS experience. Thx

like

Sending some good vibes.
Filed H1B extension RFE case on 4/24 and case is approved today

likeupliftinghelpful

Additional Posts in Growing the Team

Tampa, FL looking to add an advisor to our team. Message me if you are interested.

Looking at making a move to the independent side. Have around $20m in AUM in wealth management with another $85m in retirement plan business. Been looking at Investacorp. Any thoughts?

like

How's everyone doing? Im a Private Banker, doing my homework to become an advisor. But I might not take the bank road. I spoke to EJ and PRU. Will you give me an advise on where should I start???

like

Actively seeking growth-driven Advisers in NY and across the U.S. in one of our eleven branches. If you’re an Independent IAR or a brokerage/wire house Producer desiring positive change, reach me.

like

Young ambitious female looking to join an FA team in the St. Pete/Tampa area. I currently transition advisors in their move to Raymond James. Previously was an assistant. Series 7 licensed. Open to relocating in Florida.

like

Does any one use a TAMP in a IMA?

Top producers on teams: If I wanted to join your team to work/service your smaller accounts, and dig up extra assets from those accounts, what % of your revenue would you invest for that?

like

Upstate NY (Capital Region): Looking for administrative assistant to join the team - would learn from current admin staff. Looking for 25 hrs/week minimum but more likely full time needed.

like

Hey folks, if you recently brought on a new producing team member or plan to, come share your thoughts on the trials and tribulations of finding "the one".

like

Our goal is to add advisors since we are in a growth mode across the US in twelve offices. We’re offering culture, significant payouts, succession planning, and more. RSVP to Connie.

Opening for a advisor to join an existing vertical team in Columbia SC.

Team Financial Planning Specialist or no?
My team is growing more and more to specializations with investment products. (Insurance, alts, ESG) I’ve been wondering if the Financial Planning role could also be a specialist in our client experience. We have two competing ideas; A financial planning specialist would be able to develop intimate familiarity with the planning software, processes, and human nuances. But would a newclient feel 'bait&switched’ to be handed off for this important process?

like
like

I’m looking to hire a junior advisor whom is fully licensed and preferably has a book of business in the Plano Texas area. Compensation DOE.. PM if interested.

like

Hi everyone, need some advice.
A local b d / ria has an opening for an Advisor. We provide the leads in the form of current abandoned brokerage clients and the advisor just needs to build relationships and grow the business.
In addition he/she would have the opportunity to build and lead a team of other advisors.
For a candidate with 12+ years of experience what would be an appropriate compensation structure (base plus commission %)
Thank you in advance for your help.

like

Older, successsful FAs: How do you suggest a younger female in the business approach you and talk about joining your team? What areas do advisors like you need help with?

like

Interested in hearing about anyone who has added a second full time staff person. Current setup is two main advisors (have a few licensed solicitors) and one main admin. Getting to the point where she has too much on her plate. We have been bringing on paid interns to alleviate some of the stress. Thinking about adding another person but unsure that we need an additional full time staff person. Recently heard an employee per every 350-400k of GDC (advisors included) was a good guideline.

like

Looking to hire a part time admin assistant in a small RIA office. Someone with experience in a professional office who can appreciate flexible hours. How would you go about finding such a person?

What is your staff to client ratio? How did you determine when to hire add’l help?
We have $50mm AUM, 400+ clients, one licensed advisor, one unlicensed assistant (FT).

Thinking of hiring a paraplanner in the San Diego area with long term growth potential/practice ownership stake. Any ideas on how to go about finding the right person? Anyone have a para?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal