Current SII Investments Recruitment Deal

From the desk of James Eccleston at Eccleston Law, LLC:


SII Investments has marketed a recruitment deal to financial advisors which consists of an upfront cash payment between 5% to 30%. Additionally, there is a Year 1 payout bonus of 5% to 10% and a Year 2 payout bonus of 5% to 10%.

All proposed deals are negotiable and reflected in numerous agreements such as promissory note and employment agreements. Reps should retain qualified legal counsel to review those documents in advance of committing to transition to a new firm.

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