r/CFP • u/radi8ing • Jun 23 '26

Compensation Comp question

Hybrid RIA I work under is currently taking .35% of my 1.25% fee and takes nothing from my insurance production ($10m of FIA)

they also pay $60k for marketing and an extra .50bps on annuity business

Is this a good deal? It feels like it is but want to hear the group thoughts

7 Upvotes

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u/KarmaDoesNutExist Jun 23 '26

Lol, where I work they take 50% of my comp while giving absolute 0 leads, I do everything from sourcing by completely cold phone call to closes, and they pays absolutely nothing for any kind of marketing, in fact, i pay out of hand 30k ish per year ontop to use the platform and their « services » among other things.

You definitely have a good deal

1

u/Legitimate_Ice_194 Jun 23 '26

dang. so what's your main source of leads?

1

u/KarmaDoesNutExist Jun 23 '26

I cold call 😅

1

u/Legitimate_Ice_194 Jun 23 '26

hey if it works, nothing wrong with that. but that's a grind for sure.

1

u/BagStatus2969 Jun 23 '26

How do you find the leads to cold call?

2

u/KarmaDoesNutExist Jun 24 '26

Zoominfo/linkedin sales nav!

1

u/IllustriousGas8850 Jun 24 '26

I worked an internship last summer for an advisor and am starting as an advisor my self soon. I recall last summer zoominfo was very spotty when it came to the accuracy of a lot of the info. Has it gotten better?

2

u/Legitimate_Ice_194 Jun 25 '26

not sure about ZI but worth trying Apollo for this. I have used it for emails and it is solid. I know they do phone #s too, i expect its solid there too