LPL Financial

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

Comp/Payout

Advisor Compensation Grid
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)
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