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I've searched the forums for an answers but can't seem to find quite what I am looking for.
I work for an RIA but I also have my S7 through a B/D. My firm is looking to pursue to a more hybrid model with some fee based wrap programs. My question is in regards to comp. Through my license, my firm is able to pick up substantial income with existing accounts although most are not accounts that I have personally brought in to the firm.
I would consider my role with my firm as an important one as I deal with trading, compliance & admin issues. Although I have a small salary through the RIA, what would be an appropriate breakdown of comp from the wrap accounts that would be generating through the B/D?
ANY advice or suggestion would be greatly appreciated!!
Thanks in advance!