Reps Should Note New Transition Deals Being Offered By Independent Broker-Dealers

Times are changing, with independent broker-dealers starting to sweeten the pot to entice reps to move to the independent space.

Consider the types of offers presented today:

1. 2% to 3% of trailing 12-month production;
2. Accelerated payouts up to 100% for up to a year;
3. Upfront loans paid back through a lower payout;
4. Forgivable 5% to 10% loans; and
5. Forgivable 10% to 30% loans

Reps need to carefully study their options. SNSFE attorneys help reps transition, including by negotiating compensation arrangements and employment agreements.

Source: Investment Advisor