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Payout Schedule and Fees

Full Transparency – No Surprises

Full Transparency – No Surprises


Our payout schedule may seem simple, and it is.

 

You get the percentage payout we promise on every dollar you earn– no matter what the product or service is. There are no monthly hurdles until you achieve these levels.


All Products
$75,000 – $100,00075%
$100,001 – $150,00080%
$150,001 – $500,00085%
$500,001 – $750,00087%
$750,001 - $1,000,00088%
$1,000,001 and over90%


Financial Advisor Transaction Fees


Stock Trades
$15 per trade0 – 299 trades per month
$12.50 per trade300 – 499 trades per month
$10 per trade500+ trades per month


OptionsMutual Funds
$10 per trade plus $0.75 per contract$15 – Buy / $10 – Sell
Bonds$1.75 – Systematic buy/sell
$30$.50 – Exchanges
UIT’s and CD’s

$20

Fee-Based Wrap Programs 

18 – 20 bps, declining to 7.5 to 2 bps, depending on the account size and program being used. Add approximately 50 bps if you wish to use an institutional manager (if applicable). These fees include the trading costs, performance reporting, fee deduction and management services, if applicable

Other Independent Contractor Expenses

Errors & Omissions

$275 / month
Direct Business (if applicable)
$50/month

Registration Fees

Typically approximately $50 – $75 per state. This expense is passed on exactly as charged by each state.

CRD Continuing Education

Actual fee charged by FINRA or CE provider

Computer System

  • $150 per month Smartstation Access 
  • $180 per month Smartstation with Envision®
  • $500 per month Smartstation Access with real time quotes
  • $530 per month Smartstation with Envision and real time quotes.

For more information about our firm and the services we offer, send us a quick email or call the office. We would welcome the opportunity to speak with you.

info@cutterco.com   |  1-800-536-8770