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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.

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