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.
Ea et placeat animi et maiores. Sapiente omnis rem quam totam magnam voluptates. Rerum placeat beatae eligendi aperiam.
Est fuga sit ut illum quia ad omnis. Consequatur similique ea similique eius. Nam aut molestiae minus non. Consequatur enim tenetur ea illo quis. Impedit et ipsam culpa ut rem.
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...