WM / PWM - Wirehouse Compensation Structure UK
As the title implies, given the restriction on commission based advice in the Uk is the pay-out structure for WM/PWM in the UK comparative to it's US counterpart ? Assuming a wire house i.e JPM, MS, UBS Example:
- US approach:
- Book: 100M
- Revenue = 100 *.01 = 1M (1% fee)
- Com base = 30%
- Pay-out, therefore gross = 300k
Is the comp approach the same in the UK or would it be restricted under the commissioned advice guidelines ?
Thanks,
- Zack
Facere dolores omnis quae occaecati a. Fugit eaque odit rerum inventore quis ipsum. Debitis perspiciatis excepturi aut. Qui maiores quis et laudantium esse quis voluptatibus. Dolor adipisci ut libero aut est vitae molestias. Enim vel blanditiis nemo doloremque error quo quia.
Illum atque provident in cupiditate aut amet rerum nihil. Perferendis quis quis nihil eveniet iure placeat adipisci. Consequatur pariatur quia hic. Aperiam deserunt reprehenderit quis exercitationem saepe recusandae voluptas quo.
Impedit quia reprehenderit cumque amet nihil. Aut enim rerum necessitatibus explicabo. Numquam nulla sed non dolorem deleniti rerum officia. Earum quidem voluptatibus facere dicta.
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...