$400 monthly cost at an indy
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Does this sound right? As a life insurance rep, they charge $50 e&o(understandable) but in order to be a securities rep, the monthly fee jumps to $400. Granted we get an office/assistant/computer/phone etc etc. But $400 sounds a bit steep cause I work from home. Is this what indys typically charge their reps?
[quote=NumbersGeek]
Does this sound right? As a life insurance rep, they charge $50 e&o(understandable) but in order to be a securities rep, the monthly fee jumps to $400. Granted we get an office/assistant/computer/phone etc etc. But $400 sounds a bit steep cause I work from home. Is this what indys typically charge their reps?
[/quote]
I don't pay anything monthly, (after the annual affiliation and E&O is removed from a commission check) so it varies bigtime. Sounds like you get quite a bit for $400.