Payout Schedule for Raymond James
GROSS PRODUCTION 5,000" 10,000" "20,000" "30,000" "40,000"
80% Listed / 75% OTC 3875 "7,750" 15,500" "23,250" "31,000"
LESS EXPENSES:
ticket charges = about 8% of gross 400 800 1600 2400 3200
errors & omissions insurance 150 150 150 150 150
"""Desk Fee""" 500 500 500 500 500
phone bill 0 0 0 0 0
TOTAL EXPENSES 1050 1450 2250 3050 3850
NET PAY TO THE BROKER 2825 "6,300" "13,250" "20,200" "27,150"
GROSS PERCENTAGE PAYOUT 42 63 66.25 67.33333333 67.875
* if you are doing $20-40K per month than your average ticket size is greater ( more commissions) therefore your percentage ticket charges would be less. The result would be a higher percentage
gross payout. |