Comments on: The Grid http://wheredoesallmymoneygo.com/the-grid/ A personal finance blog written by Preet Banerjee Thu, 24 May 2012 10:29:13 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: WELCOME GLOBE AND MAIL READERS! http://wheredoesallmymoneygo.com/the-grid/#comment-5285 WELCOME GLOBE AND MAIL READERS! Wed, 26 May 2010 05:31:51 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-5285 [...] The “Grid” [...] [...] The “Grid” [...]

]]> By: The Financial Advisor Retirement Plan : WhereDoesAllMyMoneyGo.com http://wheredoesallmymoneygo.com/the-grid/#comment-3063 The Financial Advisor Retirement Plan : WhereDoesAllMyMoneyGo.com Wed, 09 Sep 2009 02:00:27 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3063 [...] is at a bank-owned brokerage firm, they are probably getting about 50% of that after hitting “the grid“. This means that their net commissions are $500,000 and this is what they would report on [...] [...] is at a bank-owned brokerage firm, they are probably getting about 50% of that after hitting “the grid“. This means that their net commissions are $500,000 and this is what they would report on [...]

]]> By: Intelligent Speculator | Investment Talking http://wheredoesallmymoneygo.com/the-grid/#comment-3062 Intelligent Speculator | Investment Talking Sat, 14 Mar 2009 12:01:43 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3062 [...] out about your Broker’s compensation grid at Where Does all My Money [...] [...] out about your Broker’s compensation grid at Where Does all My Money [...]

]]> By: This and That: Warren Buffett Marathon edition | Income Trust | Personal Finance | Real Estate SEO http://wheredoesallmymoneygo.com/the-grid/#comment-3061 This and That: Warren Buffett Marathon edition | Income Trust | Personal Finance | Real Estate SEO Fri, 13 Mar 2009 05:01:03 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3061 [...] It is interesting to find out from Preet how a commission grid for a financial advisor looks like. [...] [...] It is interesting to find out from Preet how a commission grid for a financial advisor looks like. [...]

]]> By: This and That: Warren Buffett Marathon edition http://wheredoesallmymoneygo.com/the-grid/#comment-3060 This and That: Warren Buffett Marathon edition Fri, 13 Mar 2009 04:04:52 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3060 [...] It is interesting to find out from Preet how a commission grid for a financial advisor looks like. [...] [...] It is interesting to find out from Preet how a commission grid for a financial advisor looks like. [...]

]]> By: Preet http://wheredoesallmymoneygo.com/the-grid/#comment-3059 Preet Sun, 08 Mar 2009 20:32:53 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3059 @ EconStudent: The grid that I showed was for brokers. MFDA licensed reps tend to have higher payouts and usually have only a one dimensional grid (i.e. only dependent on annual production). Trailers and upfront commissions would almost always fall into the same grid slot. Also note that the grid I posted for brokers was only a sample. @ EconStudent: The grid that I showed was for brokers. MFDA licensed reps tend to have higher payouts and usually have only a one dimensional grid (i.e. only dependent on annual production). Trailers and upfront commissions would almost always fall into the same grid slot. Also note that the grid I posted for brokers was only a sample.

]]> By: EconStudent http://wheredoesallmymoneygo.com/the-grid/#comment-3058 EconStudent Sun, 08 Mar 2009 01:06:09 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3058 I have read that on redflagdeal forums that FA get paid 65% to 85% of the trailing commissions from the mutual funds sold. According to the grid, it seems to be much lower. I am wondering how does the trailing commissions work in the instance of the grid. I have read that on redflagdeal forums that FA get paid 65% to 85% of the trailing commissions from the mutual funds sold. According to the grid, it seems to be much lower. I am wondering how does the trailing commissions work in the instance of the grid.

]]> By: Preet http://wheredoesallmymoneygo.com/the-grid/#comment-3057 Preet Sat, 07 Mar 2009 04:12:06 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3057 @ Michael James: Grids like that are usually on the brokerage side. Pure fund salespeople tend to have one flat rate. However, there are advisors on the brokerage side who do nothing but funds - and that trend is probably growing. @ MDJ: There was very little incentive to talk about indexing until a few years ago when index funds started being offered with trailers and DSC options - although most advisors are not aware of this. @ Michael James: Grids like that are usually on the brokerage side. Pure fund salespeople tend to have one flat rate. However, there are advisors on the brokerage side who do nothing but funds – and that trend is probably growing.

@ MDJ: There was very little incentive to talk about indexing until a few years ago when index funds started being offered with trailers and DSC options – although most advisors are not aware of this.

]]> By: Million Dollar Journey http://wheredoesallmymoneygo.com/the-grid/#comment-3056 Million Dollar Journey Thu, 05 Mar 2009 12:47:30 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3056 Thanks for the clear explanation Preet. It's pretty clear why a lot of FA's push high MER and/or DSC products as they can make a lot more money than pushing low cost index funds. Talk about conflict of interest. Thanks for the clear explanation Preet. It’s pretty clear why a lot of FA’s push high MER and/or DSC products as they can make a lot more money than pushing low cost index funds. Talk about conflict of interest.

]]> By: The Grid | No Brainer Profits http://wheredoesallmymoneygo.com/the-grid/#comment-3055 The Grid | No Brainer Profits Thu, 05 Mar 2009 10:46:37 +0000 http://www.wheredoesallmymoneygo.com/?p=1043#comment-3055 [...] Read more here: The Grid [...] [...] Read more here: The Grid [...]

]]>