what is the normal commission split between a broker and a new financial advisor?


Posted March 2nd, 2009 by admin 1 Comment »
business broker
Arnel T asked:


Currently working as an independent contractor with an independent investment firm splitting 50/50 commission
after the the 20% commission by the main broker/dealer.
Is a 4-year term contract normal in the securities business?

Your response will be very much appreciated.