Raymond James Associates

Recruit Deal

120% – 190%

Upfront payment: 50% to 125%

Year 1: Hurdle – 70% of assets and revenue

Payout bonus: 25% of production

Year 2: Hurdle – 90% of revenue

Payout bonus: 10% of production

Year 3: Hurdle – 105% of revenue

Payout bonus: 10% of production

Year 4: Hurdle – 125% of revenue

Payout bonus: 10% of production

Year 5: Hurdle – 150% of revenue

Payout bonus: 5% of production

Comp/Payout

Advisor Compensation Grid
Production Payout
Under 200,000 20%
$200,000 – $225,000 25%
$225,000 – $250,000 27%
$250,000 – $300,000 32%
$300,000 – $350,000 40%
$350,000 – $400,000 41%
$400,000 – $500,000 42.5%
$500,000 – $600,000 44%
$600,000 – $800,000 44.5%
$800,000 – $1,000,000 45%
$1,000,000 – $1,500,000 45.5%
$1,500,000 – $2,500,00 46%
$2,500,000 – $3,500,000 47%
$3,500,000 – $5,000,000 48%
$5,000,000 + 50%