{ "media_type": "text", "post_content": "Just curious what dollar amount or % of revenue you allocate to your staff. My mind was blown when one fa told me their staff cost.", "post_id": "5b3e5fee13780b3bcd011e2d", "reply_count": 5, "vote_count": 3, "bowl_id": "599feb177c057d0010be0554", "bowl_name": "Financial Advisors", "feed_type": "crowd" }
null

Just curious what dollar amount or % of revenue you allocate to your staff. My mind was blown when one fa told me their staff cost.

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

1.25 to SA

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I am running about 12 % of net revenue to office staff (just one assistant). I plan to increase that to 15% as revenue grows and add a part time second position until I can pay two full time positions with 15% of net.

I have 1 assistant. It cost me 14 percent of gross revenue.

How much do your assistants make? Registered or not registered?

My registered assistant has a salary and incentives totaling $78k, 3% to a simple , $200/ month towards health care. I expect 50% of her time on office management and building her book the other 50% for which she has a 25% payout

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Now Schwab being slapped with a class action per a buddy of mine that works there 😳 #dol

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Tell me about your office space. Class A High rise, shared co working space, office condo, etc.

Trying to make a decision on the type of space to begin. 2 FA’s and an assistant and likely grow

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