Many people shy away from mutual funds with sales commissions of any kind.
But the largest portion of its revenue by far comes from sales commissions.
Investments of less than $500,000 are subject to a sales commission of 2.5 percent.
Consequently, any sales commissions should be included in variable selling costs.
The first checks are going out this week to the families of employees whose compensation did not include sales commissions, the company said.
He said the system had been changed to allow "appropriate sales commissions" to be earned for the rest of the year.
Better yet, there would be no direct sales commission.
About 40 percent was a guaranteed base salary, with the rest based on sales commissions.
Some stores have scaled back sales commissions as a means of cutting costs.
People already can act as their own agent in buying a home, but they rarely get to claim a portion of the sales commission.
Wörterbuch für Marketing