Announcing the Launch of the Connect Affiliate Scheme

What’s in it for you?

You will be paid an upfront commission for each approved firm and adviser:

• £100 for each firm and the first adviser.
• £50 for each additional adviser that joins at the same time as the firm.
• No commission will be paid for subsequent advisers joining the firm, but their mortgage sales income will be included in the ongoing payment calculation!

Ongoing payments

• 10% of income the network receives from mortgage sales by the recommended firm.
• Monthly payments, based on the completed mortgage case income from the prior calendar month.
• Income from recommended firms for the first year of trading. This will continue into  subsequent years:
  1. provided they remain an active member of the affiliate scheme,
  2. and refer a minimum of 2 potential members per year.

And there’s more…

The income from the recommended AR will be aggregated with income to establish the threshold for your business, which may mean a lower Network deduction.

Subsequently, if an adviser decides to leave and set up on their own as a Connect AR, the income from that new AR will continue to be included in your income.  Therefore, assisting with either maintaining the Network deduction already established or increasing your level for a reduced Network member deduction.

The process

1. To recommend a new firm, the first step is to complete the Connect Affiliate Form:
2. The form will automatically be sent to our Business Recruitment Manager, who will commence the recruitment process.
3. Once the new firm is authorised, their profile will be created on OMS and linked to your profile to track income, as outlined above.

Please note that if Connect has engaged previously with an adviser /firm you recommend, to join our Network, they will be ineligible for the scheme.

If you would like more details or have any questions about the scheme, chat with your Business Relationship Manager.

Regards

Kevin Thomson
Sales Director