The Broker Compensation
feature of BDManager combines your firm’s broker payments’ criteria with
your clearing firm’s data to produce payout reports and broker statements. It even allows you to include transactions that are performed away from your clearing firm.
your clearing firm’s data to produce payout reports and broker statements. It even allows you to include transactions that are performed away from your clearing firm.
BDManager Routinely:
Calculates Broker Compensation
Applies Allocated Expenses
Enter Adjustments Easily and Accurately
Retrieves Standard Recurring Charges
Determines Sales Assistants’ Fees, Overrides, Splits, etc.
Handles Special Deals
Inputs Variable Charges
Interfaces with Payroll System
Interfaces with Your Accounting System
Interfaces with Spreadsheets (Both as Input and Output)
Interfaces with Spreadsheets (Both as Input and Output)
Loads Automated Charges (FedEx, Telephone, etc.)
Prepares Broker Statements
Processes Advances / Loans / Draws