Registered assistant - commish sharing?

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Sep 30, 2014 10:15 pm

I am a recently (just passed my S66 yesterday, S7 late last year) registered assistant with a fairly large and established team. Soon I will be negotiating with them about my commision sharing. I was wondering if any other registered assistants out there would be willing to share what they receive in commision? I know I can choose if I want a flat dollar or percentage and am wondering what others have chosen. I am completely unaware of what a "good deal" would be and any information would be helpful. I have not found any helpful articles online or in this forum about what a respectable commision for a registered rep would be. Any information could be useful in my negotiations.

Any thoughts appreciated many thanks!

Oct 7, 2014 1:12 pm

Curious how this went for you?

Nov 20, 2014 12:44 pm

I get a flat 1% of the gross. It’s paid quarterly and is paid as a separate check from my regular paycheck so that the numbers can be verified if need be.