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Payouts
If you have a producer group, and that group does $300,000
in gross dealer concession each calendar year, then the pay-out is up to 90%
to the group. The Branch Office Supervisor's override is generally the amount
between this 90% and the pay-out to the Registered Representative.* Production
bonuses of up to 2% are available, as shown below. Advisory fee payouts can
be as high as 95%! You can access information on these programs in our recruiting
kit for Wilbanks Securities Advisory click here.
Pay-outs to Registered Representatives under Branch Office
Supervisors are negotiable and are normally based on business tenure and production
volume.
At Wilbanks Securities, Inc., we are mass marketing oriented.
Through our recruiting leads and contacts from this mass marketing, we can assign
Representatives to local branch offices and help them grow. Team up with Wilbanks
Securities, Inc. and have a true partner in building your operation!!!
We can also help with Continuing Education courses for CPA's
so that we can help you build professional relationships that can potentially
increase your referral business.
Production Bonuses
Incremental production bonuses can be earned as follows:
| Individual |
$300,000 |
1% Bonus |
Branch Office |
$600,000 |
1% Bonus |
| |
$500,000 |
2% Bonus |
|
$1,000,000 |
2% Bonus |
Branch office bonuses are reduced
by individual bonuses. If individual bonuses exceed
branch bonus, no further bonuses are paid. Production
bonuses are computed on incremental dollars only. The
maximum commission payout under any option is 92%. Securities
business is not eligible for production bonuses. The
fee based 92% and 95% payout options are mutually exclusive
from production bonuses.
Exclusive OSJ Opportunities Now Available. Click
Here
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