Commission structure
Just curious if anyone can give me an idea on what sort of residual commissions are earned on existing books of business. For example if someone has 1 million in their book after 1 year what percentage commission will he earn for that existing million. Also what percentage commission will he earn off of monthly contributions from his existing clients?
[quote=b-rad]Just curious if anyone can give me an idea on what sort of residual commissions are earned on existing books of business. For example if someone has 1 million in their book after 1 year what percentage commission will he earn for that existing million. Also what percentage commission will he earn off of monthly contributions from his existing clients?[/quote]
$80,000
Sign me up, Bobby.
thanks Icecold. Which type of planning do you do? Fee based or commission?
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