what is the normal commission split between a broker and a new financial advisor?

Arnel T asked:


Currently working as an independent contractor with an independent investment firm splitting 50/50 commission
after the the 20% commission by the main broker/dealer.
Is a 4-year term contract normal in the securities business?

Your response will be very much appreciated.

1. 

   V.T.V.RAM April 16th

   

   The arrangement seems to be satisfactory but you can demand an additional 5%