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Are there any fixed costs for a Financial Intermediary to affiliate with WSG?

April 26, 2017affiliate costs financial fixed intermediary wsg

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Are there any fixed costs for a Financial Intermediary to affiliate with WSG?

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Within 5 business days from signing the FI Agreement, the Financial Intermediary must pay an initial entry fee of USD 5,000.00 , by wiring the amount to our Pershing account. This initial cost is reimbursable to the Financial Intermediary within the first year as long as the minimum revenue target of USD 50,000.00 is met.