How long can investment banks pay agent fees to agents who search for partners?
I need your advise. I recently met a young investment banking company.
As an agent, I myself have successfully found a partner for the company (a bank), which can provide them with a flow of transactions on the issue of bonds, that is, recommends IB services to his clients.. The company is ready to pay me for each such partner (who will give a flow of transactions) 10% of its remuneration for all transactions of companies that such a partner recommends to us. There may be 5-10 companies (=deals) per year.
Of course, for life (always) these 10% of all transactions of the companies recommended by the partner, this company refuses to pay me.
What period it would be fair to set - no one knows: 1 year, 2 years, or another period. Can you give advice on how to determine this? Or suggest a timeline that you deem fair? Can any of the readers share their ideas?
Some clarifications:
Partners I am searching for - financial institutions (banks and lending platforms), which can recommend their clients to IB company I work with..
The main product is bonds issuing in Eastern Europe.
Voluptate quibusdam tempora atque voluptatem numquam praesentium ipsum accusantium. Impedit sint vitae autem. Exercitationem laboriosam neque ut est.
Adipisci explicabo molestiae sed ut provident doloribus. Quae incidunt et accusantium eos. Id ut autem est. Tempora facere laudantium porro commodi facere debitis commodi. Quia sit sit repellat quibusdam.
Et temporibus omnis magni eos saepe. Minima quae nihil est aut perspiciatis aspernatur. Explicabo molestiae perferendis assumenda omnis occaecati dolor. Aut incidunt molestiae soluta neque et. Veritatis error debitis in consequatur velit. Repudiandae aliquam officiis praesentium maxime atque dolor. Veritatis repellat magni et est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...