Looking for advice. I have a junior partner. He is on salary now and will be coming off in a year or so. Trying to figure out how to set up split. I have 200m in assets. I generate about $1.5m ...

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Asset percentage based

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Pay him for the value he brings... if none call me and I’ll be a better partner

Small salary plus percent ...

I would only give a split on new business he helps bring in. If he does really well then you can start bringing him on existing business

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