About Us
At Finate Solutions, we believe financial advisors deserve complete transparency when. evaluating compensation. Determining your True Net Payout isn’t always straightforward. Every firm has its own payout structure, platform fees, technology costs, ticket charges, and other expenses that can significantly impact what you actually take home. As a result, comparing firms based solely on the advertised payout grid can be misleading.
Our True Net Payout Calculator simplifies the process by accounting for the costs that affect your bottom line, providing a true apples-to-apples comparison between your current firm and the alternatives you’re considering. The result is a clear, accurate view of your actual compensation, allowing you to make informed business decisions with confidence. Beyond evaluating transition opportunities, many financial advisors and OSJs use the True Net Payout Calculator as an ongoing business management resource. It helps them evaluate advisor compensation structures, analyze client fee schedules, and better understand how changes in pricing or payout arrangements impact profitability. Whether you’re comparing firms or optimizing your current business, the calculator provides valuable insights to support more informed decisions.
Instructions
Before entering information into the True Net Payout Calculator, you’ll need to gather details about your current compensation and expenses from your existing broker-dealer. Most of this information can be found in your firm’s advisor portal or compensation reports. To simplify the process, we’ve provided a downloadable PDF worksheet that you can complete as you collect the required information. Having this information readily available will make completing the calculator faster and easier. Below is a list of the information you’ll need. The more accurate the information you provide, the more precise your True Net Payout analysis and comparison will be.
Advisor/Group Details
Why do we ask for this:Many firms structure their fees/thresholds based on the number of advisors in the practice and where assets are held
• Name/Firm Name
• Address
• Phone/Email
• Broker Dealer/ Clearing Firm• CRD
• Firm Structure
Advisory Accounts – Advisor as PM
Why do we ask for this: Many firms structure their advisory/platform fees/ based on the size of
clients’ accounts
• AUM segmented by Account size ($50k-$500k, $500k-$750k, etc. see form)
• Current payout by Account size
• Average fee to client by Account size
• Platform Fee by Account size from current B/D
• Number of Trades/Year in Advisory – Advisor as PM by Asset Class
• Ticket Charge/Trade
Advisory Accounts – Full Wrap (no Ticket Charges)
Why do we ask for this:Many firms structure their advisory/platform fees/ based on the size of
clients’ accounts
• AUM segmented by Account size ($50k-$500k, $500k-$750k, etc. see form)
• Current payout by Account size
• Average fee to client by Account size
• Platform Fee by Account size from current B/D
Advisory Accounts –Assets Not Held On Platform
Turnkey Models, TAMPS, 401k’s
• Total AUM
• Yearly Gross Commission/Model
• Current payout
• Average fee to client by Account size
• Platform Fee
Brokerage Asset Details
Why do we ask for this:Many firms have reduced payouts or “surcharges” on certain products.
Also, ticket charges can vary at each firm
• Yearly Gross Commission/Asset Class (Equities, Fixed Income. Annuities, Mutual
Funds)
• Current payout
• Number of Trades/Year• Ticket Charge/Trade
Client Account Details
Why do we ask for this:Many firms have account fees that can significantly reduce net-
payouts. Account fees can vary at each firm.
• Total # of Accounts & Yearly Account Fee
• Total # of Advisory Accounts & Yearly Account Fee
• Total # of IRA Accounts (Non Advisory) & Yearly Account Fee
• Total # of IRA Advisory Accounts & Yearly Account Fee
• Total # of Accounts with Paper Statements & Yearly Account Fee
• Total # of Paper Trade Confirms/Year & Paper Confirm Fee
• Miscellaneous Account Fee & Yearly Account Fee
• SIPC Assessment Fee
Average Account Sizes
• Average Advisory Account Size
• Average Advisory Household Size
Monthly Expenses
Why do we ask for this: Enter your monthly and yearly firm expenses. These costs factor into
the overall net payout analysis.
• Affiliation/Rep/Service Fee
• Technology Fee
• Miscellaneous Expenses
Yearly Expenses
• Yearly E&O Insurance
• Miscellaneous Yearly Expenses
Once all information has been gathered and input into the Submit Details form, press the Submit Form button and let us know that the data has been submitted via email: ian@finatesolutions.com and we will review and approve. After the data is approved you can update at any time and Submit Form again to save instantly.
Please contact us at any time if you need assistance or have question: (704)980-0660