What’s your true net payout?
Advisers' nominal payout is far from a full representation of the economics related to the relationship they have with their firms and clients.
As advisers, we all want to understand our payout structure, but oftentimes we don't know what, exactly, our real payout is. Spoiler alert: It's likely less — far less — than you think.
“Independent advisers start with a payout that is stated on their firm's grid, say 85% to 90%, but then m
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