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Q: How are commissions shared with 2 selling brokers?
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How much does an insurance broker earn?

An insurance broker makes money by selling insurance to individuals or businesses.Depending on state regulations, commissions range between 2 to 8% of premiums.Broker's duty is to understand the client's requirements and provide them with the best insurance policy within budget.Salaries of brokers vary depending upon size of the company and the nature of its work.Some brokers receive performance related bonuses plus additional benefits.Brokers with commercial clients earn more than those with personal clients.


Functions of SEBI?

1.it prohibitsinsider trading 2.undertakes steps to educate investors 3.registration of brokers and sub brokers in the market 4.conducting enquiries and audits of stock exchange


Does selling mutual funds increase your personal income for tax purposes?

Yes. Mutual fund houses give out a commission of 1 or 2% of the investment value to the agents/brokers who sell their MF products. This commission would be clubbed with your income and you would have to pay tax for it. ex: If you are an agent and you convince me to buy MF of XYZ fund worth $10,000 you will probably get a commission of $200


Difference between sole selling agent and sole buying agent?

they are 2 names for the same thing.


What is the average salary of a stockbroker?

Stockbrokers or financial advisors are typically not salaried employees and normally generate their compensation through commissions, fees and money trails. The exception to this is in the trainee stage where most companies will pay you a salary for one to two years so that you can build up a client base. This starting salary will range and depends on your geographic location (New York...higher, Kansas...not) and also what experience and connections you bring to the table. Once your client base is established then the compensation range is a factor of how hard you work and your assets under management. I know brokers that barely make enough to survive and others that have W-2 income that breaks into the 7 figures.

Related questions

What are the release dates for Selling New York - 2010 Can Brokers Convince Their Clients to Step Outside of Their Comfort Zone 7-2?

Selling New York - 2010 Can Brokers Convince Their Clients to Step Outside of Their Comfort Zone 7-2 was released on: USA: 25 July 2013


What do highest paid insurance brokers earn?

Much of what insurance brokers earn is based on what type of insurance they are selling. Some of the large companies' (New York Life, Northwestern Mutual) top producers earn upward of $2 million dollars per year selling insurance and financial planning services.


How much does an insurance broker earn?

An insurance broker makes money by selling insurance to individuals or businesses.Depending on state regulations, commissions range between 2 to 8% of premiums.Broker's duty is to understand the client's requirements and provide them with the best insurance policy within budget.Salaries of brokers vary depending upon size of the company and the nature of its work.Some brokers receive performance related bonuses plus additional benefits.Brokers with commercial clients earn more than those with personal clients.


How much do you get paid for cellphones?

That depends on where you are selling it. If you are selling on a site like eBay, this would be hard to determine because the prices are so variable. Prices range from $10 to around $350 depending on the phone and the condition it's in. If you are selling at a physical store, it really depends on your employer. Commissions range from 2% to 75% (higher commissions are rare, though). Many people also receive a per-unit price in addition to commission.


An insurance agent received 2 655 for selling pension plan to a client worth 150 000 what percent was his commissions?

assuming there is no flat bonus plus commission structure, the straight percentage is 1.77%. (2655/150000) x 100 = 1.77


What is 16 shared between 2 equal?

16 shared between 2 equals 8


Functions of SEBI?

1.it prohibitsinsider trading 2.undertakes steps to educate investors 3.registration of brokers and sub brokers in the market 4.conducting enquiries and audits of stock exchange


What is 18 shared into 2?

6478487748329


What types of commissions do corporate sales jobs pay?

Corporate sales jobs pay 2 types of commission. These are straight which is based off of the percentage of sales and variable commissions pay differently upon reaching targets.


What is a shared characteristic?

A shared charcteristic is a feature OR CHARACTERISTIC that 2 things share or have in common. For example: A dog and cat- they both have 4 legs, this is a shared characteristic. They also have 2 eyes. hope this helps =)


Is someday perfume selling in Thailand?

yes it is selling and i got 2 of them


What is the general location of the electrons in a covalent bond?

The general location of electrons in a covalent bond is that electrons are shared in pairs between 2 atoms. If 2 electrons pairs are shared, 4 electrons are shared in all.