Janney

Recruit Deal

165% to 220%

Upfront payment: 115% to 155%

1st Back-End Bonus (production based): Awarded if 75% of T12 is achieved (best 12 of 1st 14 months). Payout bonus: 5% of best 12 of 1st 14 months.

2nd Back-End Bonus (asset based): Awarded if 75% of hired AUM is networked by month 14. Payout bonus: 5% of hired T12.

3rd Back-End Bonus (months 15 – 26; asset & production based): Awarded if 100% of hired T12 is achieved (months 15 – 26) AND 100% of hired AUM is networked by month 26. Payout bonus: 15% of month’s 15 – 26 production.

4th Back-End Bonus (months 27-38; production based) / (asset based): Awarded if 110% of hired T12 is achieved for months 27 -38. Payout bonus: 15% of month’s 27 -38 production.

5th Back-End Bonus (months 39-50; production based): Awarded if 125% of hired T12 is achieved for months 39-50. Payout bonus: 25% of month’s 39-50 production.

Comp/Payout

Advisor Compensation Grid
T-5 Current Month Average Monthly Gross Production Annualized Gross Production January 1, 2016
Over $91,666 $1,100,000 46%
$74,167 – $91,666 $890,000 – $1,099,999 45%
$47,084 – $74,166 $565,000 – $889,999 44.5%
$35,834 – $47,083 $430,000 – $564,999 44%
$31,667 – $35,833 $380,000 – $429,999 40%
$27,500 – $31,666 $330,000 – $379,999 32%
$25,000 – $27,499 $300,000 – $329,999 25%
Under $25,000 Under $300,000 20%