How much does a wealth management referral actually pay
What makes this profession particular is that there are two possible bases: entry fees, paid once, and management fees, paid every year. The calculation below uses entry fees.
Run the numbers with your own figures
The starting values are an example to show the mechanism, not a market average. Replace them with yours, the calculation updates itself.
The ranges actually observed
These are the ranges from our commission grid, word for word. Nothing forces you to follow them, they only say what is commonly practised.
| Case | Observed range |
|---|---|
| Wealth management | 10 to 20 % of entry fees, or a share of management fees |
Who pays what, plainly
You want to refer
0 €The referrer account is free, and it stays free. You track your referrals and your commissions without ever paying anything.
Create a free accountYou want to receive referrals
49,90 €The business pays for the tool. 49.90 € excl. VAT per month for an independent, no commitment, 15 day money back guarantee.
Ask a question on WhatsAppWhat justifies the commission, on the business side: tracking about 10,000 customers for almost three years, researchers measured that a referred customer is on average at least 16 % more valuable than a comparable customer acquired otherwise (Schmitt, Skiera and Van den Bulte, Journal of Marketing, 2011). On the referrer's side, recommending is not neutral either: at a cellular operator, customers who had referred someone saw their defection rate fall from 19 % to 7 % within a year (Garnefeld, Eggert, Helm and Tax, Journal of Marketing, 2013).
Frequently asked questions
Financial advice is regulated, what is allowed?
A simple introduction remains possible, but as soon as advice on an investment is involved the framework changes and a registered status may be required. Check with your compliance function before setting a commission.
Entry fees or management fees, which to choose?
Entry fees give an immediate amount that is simple to compute. A share of management fees gives recurring income for as long as the client stays, which aligns the referrer far better over time.
Is a written agreement needed?
Yes. It fixes the basis, the rate and the duration, and it documents the referrer's role, which matters in a supervised sector.
Does the client have to be informed?
Transparency on remuneration is part of the profession's duties. Handle the question with your compliance function, it is not cosmetic.