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Pay-Outs
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Registered
Representatives
We offer pay-outs up to 90% of the gross dealer concession
for production of $125,000 of annual Gross Dealer Concession (GDC) or more. To access our commission and fee pay-out grid,
click here. *Production bonuses of up to 2% are available, as shown below. First year commissions
and trails through the broker-dealer, insurance commissions, bonuses and renewals
through our managing general insurance agency and financial planning and investment
advisory fees done through our Registered Investment Advisory firm, Wilbanks Securities Advisory, all count toward your production requirements for this
pay-out. 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.
Also, you will participate in your trailing commissions at
the same rate as up front commissions. These trails help you to increase your
income over time without having to increase your sales, which is vitally important
in today's market. These residuals help representatives to annuitize their business.
Production Bonuses
Incremental production bonuses can be earned as follows:
| Individual |
$300,000 |
1% Bonus |
Branch Office |
$600,000 |
1% Bonus |
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$500,000 |
2% Bonus |
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$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.
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