Control Panel

Tiered Splits

Tiered Splits are uses when you want to vary the licensee split according to how much business the Client writes.  They are used in the same place in the distribution process but the amount of money that is passed to the Client varies according to the amount of business the Client has written.
To use Tiered Splits we must create the split first then apply it to the Clients that it is relevant to

How to Create a Tiered Split

Log into RMS and go to Control Panel -> Tiered Splits and click on Add
Group Tiered – Give the Tiered Split a name that you will know what it is in  other areas of the software.  For example if it relates to one adviser only you might call it BobSmith Tiered Split.  If it relates to all advisers in their first year you might call it First Year Tiered Split.