This programme is great for Independant Financial Advisors, Wealth Managers, Accountants and Tax Advisors who want to provide clients and contacts with private savings account that earns higher than average interest rate and earn valuable commission.
Advisors may offer Rolling Notice and Fixed Term deposit accounts in EUR, GBP and USD to clients. The following terms are available for both account types:
Commission | Rolling Notice | Fixed Term | ||
---|---|---|---|---|
Notice/Term | Initial (y) | Trail (Z) | Initial (y) | Trail (Z) |
6 Months | 0.90% | 0.45% | 0.40% | o.20% |
12 Months | 1.30% | 0.65% | 0.70% | 0.35% |
24 Months | 1.80% | 0.90% | 0.90% | 0.45% |
≥36 Months | 2.20% | 1.10% | 1.10% | 0.55% |
You can earn unlimited commission.
The initial commission is paid within 5 business days of the client’s funds posting in the Vivier bank account.
The trail commission is paid once per year, on the anniversary month of the client’s deposit.
There is no effect on commission if a client gives notice within six months of placing a deposit on > 12 months’ notice.
For rolling notice deposits on 12 months or 6 months notice, the initial commission earned will be “clawed back” if the client provides notice within six months of opening the account.
You will earn the corresponding “initial” commission on the amount of funds added to the account.
If a client increases the notice period, the anniversary date of the rolling notice will be extended. This does not apply to the fixed term account.
You will continue earning the trail commission on the anniversary year for the account, in perpetuity.