Q72 - How To Calculate Your True "Net" Broker/Dealer Payout?

I am frequently asked how the economics of the Registered Investment Advisor ("RIA") model compare to the broker/dealer model.The first step in a comparison is to calculate your existing broker/dealer payout.However, you can't simply refer to a payout grid table, and conclude that is your payout. There is a reason advisor compensation plans generally run 20+ pages!What eventually flows to your pocket, is often far different from what the grid table would indicate.In this episode of the Transition To RIA question and answer series, I explain how to calculate your true net payout.Come take a listen!Show notes: https://TransitionToRIA.com/how-to-calculate-your-true-net-broker-dealer-payout/About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors to learn and understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. On his website (TransitionToRIA.com) he has a large catalog of free videos, whitepapers, as well as other resources to help advisors fully understand the RIA model and how it would apply to their unique circumstances.