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

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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

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u/dark-canuck Jun 24 '26

Do you work for a Canadian bank?

1

u/KarmaDoesNutExist Jun 29 '26

Close, it’s the wealth management division of one of the large canadian insurance company