
PAYOUTS
EXPENSES & FEES
Our payout schedule may seem simple – and it is:
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90% PAYOUT for the first $500,000 Gross
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95% PAYOUT for everything above $500,000 Gross*
*resets every Jan 1st
You get your percentage payout on every single dollar you earn – no matter what the product or service is. There are no monthly hurdles to clear.
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Stocks: $16 per trade
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Bonds: $16 per trade
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UITs: $16 per trade
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Options < $1.00 strike price: $16 per trade plus $0.75 per contract
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Options > $1.00 strike price: $16 per trade plus $1.00 per contract
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Mutual Funds on RBC’s “No Transaction Fee” List: $0.00 per trade
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Mutual Funds NOT on RBC’s “No Transaction Fee” List: $16.00 per trade
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Mutual Fund Exchanges: $0.00 per trade
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Mutual Fund Systematic Buys & Sells (pips & swps): $0.00 per trade
Moloney Affiliation Fee: $350 (monthly)
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Errors & Omissions Insurance Policy
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Fidelity Bonding
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Firm Element Continuing Education
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Email Archival and Surveillance
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Compliance Audits and Office Visits
Registration Fees:
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Moloney Securities covers all registration fees in your first year
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Starting in year two, this expense is passed on to the rep exactly as charged by each state (typically $50 - $75 per state)
CRD Continuing Education (regulatory element):
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Typically $55 per session (actual fee charged by FINRA)