LPL's New Independent Employee Model Grid
Up-front bonus 70-100%
7-year promissory note
Back-end bonus 40-80%
Annual bonus first 5 years
Earned on NNA above expected AUM
Payouts that are 35-40% higher versus the competition on average
Simplified structure based solely on production.
No growth targets or small household policies.
No platform, transaction, or admin fees for advisors (except 5bps fee for MWP)
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your customized offer?
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