Broker payouts

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Aug 26, 2005 1:28 am

NEW BROKER DEALER BASE IN BOCA RATON FLORIDA WOULD LIKE TO KNOW WHAT IS A GOOD PAYOUT IN TODAYS MARKET.

Aug 26, 2005 3:21 am

50%

Aug 26, 2005 12:38 pm

Depends on if it is independent or employee.  Check out the RR article titled “In Praise of Pruning” from June (I think).  You can pull it up on the site.

Aug 27, 2005 3:24 am

[quote=mjacosta]

NEW BROKER DEALER BASE IN BOCA RATON FLORIDA WOULD LIKE TO KNOW WHAT IS A GOOD PAYOUT IN TODAYS MARKET.

[/quote]

ummmm....isn't that a question you should ask BEFORE you start up a new b/d? 

Aug 27, 2005 4:10 am

93

Aug 28, 2005 11:44 pm

Dose anyone have the name of a good recruiter and phone number?

Aug 30, 2005 2:18 pm

I think 105% is fair 

Aug 30, 2005 2:29 pm

[quote=mjacosta]

Dose anyone have the name of a good recruiter and phone number?

[/quote]

A good one who primarily specializes in placing reps with independents is Larry Papike, owner of Cross-Search.  800-247-3272 or "Cross-search.com"