Is there a good resource to benchmark ria salary/benefits? I have about 8+ years of ria experience with about 3 of those as lead advisor. I think I might be underpaid. I have seen some general salary bands but looking for something I can use to help understand where I should be.

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Are you sourcing the clients yourself or are they provided by the company?

When companies provide the clients and leads, they will pay much less than companies where you self source the business. There are companies that do a hybrid style as well. How much do you want to be making?

Most of those are straight commission no?

Nope - I get no share of additional revenue or any commission. If firm does well, we get bigger bonus at end of year.

I would just look at what your production number is and figure out what grid level you would be at if you were are a big bank. If you're within that range including bonus then idk if is complain much.

If the firm allocates clients to you and they provide good support (paperwork processing, tax planning, financial projection, and investment management, etc.) you are doing well if you are roughly at 35% of the ongoing revenues you are responsible for. The 35% includes salary, bonus, benefits….. basically all in.

I agree with this, 25-30% of the total revenue our advisors are responsible for (clients they manage) is about our target total comp even if we pay them W2 salary and bonus.

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