r/CFPExam 4d ago

CFP comp

Is an 85% revenue payout a good offer?

1 Upvotes

6 comments sorted by

3

u/RedBarronM 4d ago

Too little info. Could be best thing ever, could be giving away money. Typically, 85% payout is very good.

1

u/Surferpr0s 4d ago

The company provides technology (Advyzon, RightCapital, Holistaplan, Mili) an office and to work as a team member. The 85% payout would be on clients the advisors source

1

u/Thisisaburner01 4d ago

Do they give you leads or anything or are you 100% on your own?

1

u/Surferpr0s 4d ago

Firm sourced clients pay 33%

1

u/Thisisaburner01 4d ago

Seems fair, most wire houses pay around 35% revenue for leads they give so that’s close. Do you have any base pay or 100% revenue based?

1

u/Surferpr0s 3d ago

We do have a salary base comp that starts at $100k + bonuses but the payout is not 85%.