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Revenue for the Independent Investment ExecutiveOur payout schedule for the Independent Investment Executive is a scale with rates up to 90% based on gross commissions. Payout is generated each production month. The same payout rate is applicable to all product categories. Century Securities will support independent Branch Offices. We will work with properly registered branch managers to create a payout schedule which facilitates the successful development of the branch. Clearing ChargesThe independent broker will be responsible to pay clearing charges including a ticket charge and a per share charge as detailed below. (Any business handled direct - such as mutual fund business - will not be subject to these charges.) Clearing charges are paid from the net amount received by the broker.
Product Category Per Share Charge Ticket Charge
Listed Stock $0.015 $15.00
OTC Stock $0.015 $15.00
Options $1.50* $15.00
Mutual Funds &
Annuities:
Wire Orders $0 $15.00
Direct Business $0 $0
UITs** $0 $25.00
Treasury Bonds** $0 $25.00
Corporate Bonds** $0 $25.00
Municipal Bonds** $0 $25.00
CDs $0 $15.00
Partnerships $0 $0
Wrap Accounts 8% of Fee
* For Each Option Contract
** Agency and Principal Trades
Note: Each ticket's combined charges will not exceed commissions for that ticket. This site will undergo maintenance every Saturday night between 10:00pm and 2:00am Central Standard Time. During this time you may not be able to access this web site.
This site is published in the United States for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Executives. Century Securities Investment Executives may only conduct business with residents of the state in which they are properly registered. The information on this website is not an offer to sell or a solicitation of an offer to buy, any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale may not lawfully be made. Past performance is no guarantee of future results. For more complete information about any of the funds available through Century Securities, including their management fees, sales charges, and other expenses, please order a prospectus from one of our Investment Executives at the branch office nearest you. The prospectus should be read carefully before investing or sending money. Century Securities Associates, Inc.
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