Fees vary....these are basically the recurring annual fees for providing just those specific services.....any new business/products sold by Cheshire Trafford that generates commissions from the provider ,Cheshire will get as one time income...
In the case of Aurum, they basically will split those new commissions 50/50....win/win for ARGQ as they would have a sales force working on sales commissions only, no salary or employment fees to worry about....if they can find a few more other IFa groups that want to route business thru their license, they will of course generate proportionally more recurring income....
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