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Jan 7, 2007 10:10 pm

If you say so …

Jan 9, 2007 12:19 pm

btw, i just printed off a copy of the 2007 fa comp plan. you have to be a ny lawyer to understand it.

Jan 9, 2007 2:01 pm

$,



u need to make decision, do the math…300k @ 33% x the 25% penalty = 75k…right?



if u can live on 75k put your head down and work your ash off, if not figure out how much of your book comes if u go indy. Multiply that by 90% back out your expenses and see what u net. BUT remember it is soooo much easier to raise money at a bank than an indy that u might be better off staying. my 2 cents.



bad move



its not 33% at 300k its 29% and then they are taking 25% in qtr 3 and 4

Jan 9, 2007 2:29 pm

I didn’t know that. Now that really pisses me off!

Jan 9, 2007 2:56 pm

[quote=$$$$$]btw, i just printed off a copy of the 2007 fa comp plan. you have to be a ny lawyer to understand it.[/quote]

Yep when I was at UBS I always felt that was part of how they screwed you, by making the comp so damn complicated that after a while you got tired of trying to figure it out, just sucked it up and lived with it.  I find the comp structure here at LPL to be much more streamlined.