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Big book small town

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Delbs View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Delbs Quote  Post ReplyReply Direct Link To This Post Posted: Sep/08/2021 at 3:41pm
Originally posted by bc2051 bc2051 wrote:

Originally posted by B24 B24 wrote:

Originally posted by bc2051 bc2051 wrote:

One more point, the max that can go to an advisor now is 100 mil where you still get paid.  That number will likely increase over time

You mean, if you give away $125M to an advisor, the retiring advisor only gets paid on $100M of it?

Supposedly, but it's gray like all things at Jones.  There have been a couple of big producers quit, when they couldn't give their kid their entire book

I think Delbs knows of specific examples: big book, small town, and the advisor is paid on the entire thing because there is just no advisors to take it

You still get paid, just less if you leave more than $100mm to one advisor. Exceptions do apply. Also, there is a meeting in mid-October where the new RTP rules/guidelines should start to be released to the field. 
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missionshooter View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote missionshooter Quote  Post ReplyReply Direct Link To This Post Posted: Sep/08/2021 at 3:44pm
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Edited by missionshooter - Sep/08/2021 at 3:46pm
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