Compensation Grid
At Raymond James, we take pride in our straightforward, consistent payout grid. We don’t include incentives for promoting proprietary products, and we don’t try to complicate your pay with confusing formulas. We recognize that quality financial advisors are our most important asset and critical to our success.
As part of the grid commission formula, the guaranteed monthly salary/draw is applied against the grid commission amount such that the earned commission amount to which you are entitled equals the grid commission less the amount of the monthly salary/draw paid previously in the month. If the grid commission amount is less than the guaranteed minimum salary/draw for the month, your guaranteed salary/draw for the month will not be reduced. Instead, the resulting deficit from that month will be applied against future grid commissions that are in excess of the guaranteed monthly salary/draw in future months. In no event will you be paid less than the guaranteed minimum salary/draw in any month of employment. If you have a commission deficit upon termination of employment, you will not be required to repay that amount or any portion of previous guaranteed salary/draw payments.
Payout Details
At Raymond James, we trust you to determine the best course of action for your business. We trust you to create investment plans designed to meet your clients’ financial goals. Our strong commitment to professionals like you led to the creation of the firm’s Financial Advisor Bill of Rights.
Technology built for advisors and responsive support to help you use it your way.
We offer ownership of your business. In fact, we’ll put that in writing.
Create and promote your brand with a team of more than 100 in-house marketing experts supporting you.