Recruit Deal
20% to 100%
Upfront payment: 10% to 55%
Year 1: Hurdle – 50% of assets and revenue
Payout bonus: 5% to 40% of production
Payout bonus: 5% to 40% of production
| Security Type | LPL Financial Payout |
|---|---|
| Mutual Funds | 90% – 98% |
| Direct Investments | 90% – 98% |
| Variable Annuities | 90% – 98% |
| Unit Trusts | 90% – 98% |
| Prime Rate Trusts | 85% |
| Closed-End Bond Funds | 85% |
| Stocks, Bonds, Options, Managed Commodity Accounts | 76.5% – 83% (less clearing costs) |