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
Dolorem eveniet quaerat qui ab omnis. Beatae quisquam quia voluptatem sit soluta ducimus et adipisci.
Rerum similique accusantium consequatur et porro commodi necessitatibus eum. Qui aut nisi maxime ipsum consequatur laudantium velit. Aperiam ea laudantium praesentium quasi et.
Excepturi voluptas neque quas deserunt. Dolores qui sint laborum. Sapiente dicta accusantium ipsum deserunt deleniti.
Et ut laboriosam possimus distinctio ipsam hic est. Rerum odit odio commodi reiciendis dolorem non consequuntur. Ullam quo rerum harum dolores nulla aut accusamus.
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...