ABC Capital Management is an investment advising firm that has been in business for over 50 years. They have over $10 billion in assets under management and over 50,000 clients across Canada. They have been able to grow consistently over the years and retain their client base
because they are known for having quality investment advisors (investment sales people) and exceptional customer service for their clients and partners in business.
ABC Capital Management recently partnered with a large international fund company (DEF Funds Inc.) to raise $100 million in retail investment capital for their fund. DEF funds will be deploying this investment capital to various endeavors around the world such as buying equity in multi-national corporations, purchasing income producing real estate and acquiring commodities such as oil and gold to sell at a later date for a profit. Investors into this fund are anticipating to receive a 4% return annually on their invested financial assets.
At the outset of this initiative DEF offered to pay ABC a high commission of 16% for raising this capital from investors across Canada if they were able to do so inside of 90 days. When the 90 days came up, ABC was able to deliver all of the $100 million that DEF required. In order for ABC to deliver this amount of capital in a short period of time, ABC developed a sales incentive program for their investment advisor/sales people that involved paying their sales people a portion of the high commission (10%) that was payable from DEF. This incentive program was meant to motivate ABC’s sales people into selling more of this investment and thus raising a large amount of money in a short period of time.
Now that ABC was able to raise a large amount of money in a short period of time, they would like to continue doing these types of partnerships with large fund companies because it is very profitable for the organization.
because they are known for having quality investment advisors (investment sales people) and exceptional customer service for their clients and partners in business.
ABC Capital Management recently partnered with a large international fund company (DEF Funds Inc.) to raise $100 million in retail investment capital for their fund. DEF funds will be deploying this investment capital to various endeavors around the world such as buying equity in multi-national corporations, purchasing income producing real estate and acquiring commodities such as oil and gold to sell at a later date for a profit. Investors into this fund are anticipating to receive a 4% return annually on their invested financial assets.
At the outset of this initiative DEF offered to pay ABC a high commission of 16% for raising this capital from investors across Canada if they were able to do so inside of 90 days. When the 90 days came up, ABC was able to deliver all of the $100 million that DEF required. In order for ABC to deliver this amount of capital in a short period of time, ABC developed a sales incentive program for their investment advisor/sales people that involved paying their sales people a portion of the high commission (10%) that was payable from DEF. This incentive program was meant to motivate ABC’s sales people into selling more of this investment and thus raising a large amount of money in a short period of time.
Now that ABC was able to raise a large amount of money in a short period of time, they would like to continue doing these types of partnerships with large fund companies because it is very profitable for the organization.