We are looking for a few established sales representatives whose gross for the past few years exceeds $300,000.
Our payout is as follows:
Gross to $250,000 – 40%
$250,000 to $450,000 – 45%
$450,000 to $550,000 – 50%
Gross above $550,000 – 50% retroactive to first of year
Commissions computed as follows:
a) Underwritings – gross less 20%
b) Corporate Inventory – gross less ¾ but never less than 3% gross if trading profit is taken.
c) Market Purchase Corporate – gross not to exceed 4%.
d) Market Purchase Municipals – gross not to exceed 4%
e) Approved Mutual Funds and Trailers – cleared through Riedl First Securities Co. – 60%.
f) Approved Limited Partnerships – cleared through Riedl First Securities Company – 60%.
g) Private Placements – 50%.
h) Managed Accounts – 60%
- Stock Option Possibilities.
- 40% of Health Insurance is paid by Riedl First Securities and 100% of a $20,000 Life Insurance Policy.
- A personal secretary and other approved expenses will be paid as a percentage of payout.
- Financial help with a once a month mailer.
- 100% of secretarial expenses will be paid by Riedl First Securities if gross exceeds $500,000.