RBC

Recruit Deal

235% to 275%

Upfront payment: 100% to 140%

Year 1: Hurdle – 50% of assets and revenue

Payout bonus: 30% of production

Year 2: Hurdle – 85% of assets and revenue

Payout bonus: 25% of production

Year 3: Hurdle – 100% of revenue

Payout bonus: 25% of production

Year 4: Hurdle – 115% of revenue

Payout bonus: 25% of production

Year 5: Hurdle – 125% of revenue

Payout bonus: 15% of production

Back end bonuses are paid via deferred compensation and exclude retirement assets and revenue. 

Comp/Payout

Advisor Compensation Grid
Production Payout
$200,000 to $400,000 25%
$400,000 to $600,000 43%
$600,000 to $1,000,000 47%
$1,000,000 to $1,200,000 50%
$1,200,000 to $1,400,000 52%
$1,400,000 to $1,600,000 53%
$1,600,000 to $1,800,000 54%
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