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A.G. Edwards Continues to Offer Brokers Increased Financial Incentives To Sell Annuities
Many firms have equalized broker payouts (commission sharing) on the various products (stocks, bonds, mutual funds, annuities, etc.) that they sell. Not A.G. Edwards.
Compensation data for year 2000 shows that brokers at A.G. Edwards receive payouts of between 45% to 50% on sales of annuities. Compare that to the 20% to 44% on sales of mutual funds (non-wrap fee account), and 25% to 44% on the sale of other products.
Source: On Wall Street, March, 2000
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