Splitting Advisor Codes
A split Advisor Code is one that flows all revenue into other established Advisor Codes on a percentage basis you establish.
- Select or Create a New Advisor Code to function as the split code.
- Locate the code in Run Business > Firm Profile > Advisors.
- Click the Advisor Code to open the Split Code Settings window.
- Click the Split Code radio button.
- Select which codes this code will split to and at what percentages. You can add as many codes to route to as you like, so long as the total equals 100%.
- Click when finished.
Related Articles
Adding Advisor Codes
Advisor Codes, also known as Rep Codes, typically come from the Custodian to establish management of accounts. Advisor Codes are important in the Wealth Platform to do the same. Reps will be associated with these codes so any accounts that are opened ...Advisor Profile Settings
The Advisor Profile controls contact information that appears on the Client Portal as well as Rep Codes and other Wealth Platform functionality. After adding an Advisor to the Wealth Platform, take time to fill in the remaining relevant details in ...Creating an Advisor Fee Split
You can assign an Advisor Code that splits any way you like between multiple Advisors. To create a Fee Split: Navigate to Run Business > Billing. Click Create Advisor Fee Split from the top controls. Select a Fee Split Code from the drop-down. This ...Advisor-led Proposal (Risk-Based)
The following process allows the Advisor to generate a proposal for a client, rather than the client generating the proposal themselves through the Client Portal. This can be done when an advisor is in direct communication with a client. The process ...Advisor-led Proposal (Goals-based)
The following process allows the Advisor to generate a proposal for a client using goals-based planning. This process can only be done on the Platform side. The process can be interrupted at any point and progress will be saved. Simply click the ...