Merrill Lynch Deal - AdvisorHub

Recruit Deal

(Note: Offer closes to new candidates as of June 1, 2017, Revised deal is aimed at brokers with 3 to ten years of experience and is a combination of guaranteed salary and bonus plus traditional grid.)

225% to 275%

Upfront payment: 150% to 175%

Back-End PAYMENT**:

**Excludes qualified non-qualified retirement assets

Transfer 65% of assets within six months to receive 25% bonus

Year 1: Hurdle – 75% of assets

Payout bonus: 50% of production (from same year)

Year 2: Hurdle – 95% of assets

Payout bonus: 40% of production (from same year)

Year 3: Hurdle – 115% of assets

Payout bonus: 30% of production (from same year)

Year 4: Hurdle – 125% of assets

Payout bonus: 25% of production (from same year)

Year 5: Hurdle – 155% of assets

Payout bonus: 25% of production (from same year)

PTA PROGRAM

Professional Transitional Advisors applies to new recruits with 3-10 years Length of Service

Includes three-year salary guarantee to supplement income during the transition plus a portion of grid-based compensation.

Production	Payout
$5,000,000	50%
$3,000,000 – $2,999,999	48%
$2,000,000 – $2,999,999	47%
$1,500,000 – $1,999,999	46%
Retroactive Grid
$1,050,000 – $1,499,999	43%
$850,000 – $1,049,000	42%
$650,000 – $849,999	41%
$450,000 – $649,999	40%
$350,000 – $449,999	38%
$250,000 – $349,999	35%
$0 – $249,999	35%

Production

Payout

$5,000,000

50%

$3,000,000 – $2,999,999

48%

$2,000,000 – $2,999,999

47%

$1,500,000 – $1,999,999

46%

Retroactive Grid

$1,050,000 – $1,499,999

43%

$850,000 – $1,049,000

42%

$650,000 – $849,999

41%

$450,000 – $649,999

40%

$350,000 – $449,999

38%

$250,000 – $349,999

35%

$0 – $249,999

35%

Merrill Lynch