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Standard Bonus to Negotiate When Being Recruited

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Feb 21, 2010 10:55 pm

J_Harris922

Joined: 2010-02-21Offline

I’m currently being recruited to move to an RIA. What is standard negotiating to demand in moving my practice and book over? Current annual fees to the grid at $390,000 per year.

Feb 22, 2010 1:42 am

Wet_Blanket

Joined: 2008-11-13Offline

Office with a window.

Feb 22, 2010 2:10 am

J_Harris922

Joined: 2010-02-21Offline

Thank you for that insightful comment, Wet Blanket.

Feb 22, 2010 1:59 pm

Wet_Blanket

Joined: 2008-11-13Offline

I’m full of them.  I would also add a shoe shiner too.

Feb 23, 2010 1:12 am

chief123

Joined: 2008-10-28Offline
Wet_Blanket:

Office with a window.

  At 390K he would be lucky to get a window... I would just try for my own office
Feb 24, 2010 7:29 am

san fran broker

Joined: 2006-02-26Offline

At an RIA pretty much everything goes. Most aren’t likely to be interested in giving you anything.