Skip to main content
No. of Recommendations: 0
Why is that a starvation wage? It is fair to assume that if that FA has 100 clients with $1 mil each, $150k to $200k in income (I think it would be less than that but still) is not starvation. It is very reasonable to expect the OP can find the total package for much less than that. That being stated, I don't believe someone would be making 2% on a $1 mil account - that is crazy expensive. 1% (or much less) would be more realistic.

Your math is off. Either you meant 10 clients or you meant $1.5 to $2 million.

PSU
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.