Recognition & Reporting

Incentive Qualifications for Teams

The ESI Elite Symposium is ESI’s annual incentive conference, and in addition to qualifying as individuals, Teams have the opportunity to qualify for the ESI Elite Symposium. Requirements for teams are as follows:  (Note that these qualifications pertain to Teams recognized by ESI (splitting at least 25% of their business))

  • All production for all team members (split and individual) is counted as Team Production
  • 1 team member must qualify for EES on their own ($425,000 this year)
  • The minimum team production for an additional invite is individual qualification *2 ($850,000 this year).
  • For an additional team member to qualify for EES, their production must be at least $150,000
  • MA production is not counted towards the production requirements

If any of the above qualifications are not met, an additional invite will not be given.

Team Qualification Examples

Team qualifies for additional invites:

Team 1: Team GDC $850,000
RR 1: $500,000
RR2: $350,000

Result – RR 1 qualifies individually, 1 additional invite give to RR 2 since minimum team GDC and individual GDC requirements met.

Team 2: Team GDC: $900,000
RR 1: $500,000
RR 2: $300,000
RR 3: $100,000

Result – RR 1 qualifies individually, 1 additional invite given to RR 2 since minimum team GDC and individual GDC requirements met, RR 3 does not qualify. To qualify for another invitation, the team would need to have at least $1,275,000 in GDC and RR 3 must have at least $150,000 in individual production.

Team does not qualify for additional invites:

Team 1: Team GDC $800,000
RR 1: $500,000
RR 2: $300,000

Result – RR 1 qualifies individually, no additional invite is given as the $850,000 minimum production for the team was not met.

Team 2: Team GDC $900,000
RR 1: $300,000
RR 2: $300,000
RR 3: $300,000

Result – No RRs qualify individually and no team invites given as no team member qualified individually

Team Reporting

Team ranking reports based on overall team production and on advisory production are updated monthly on the NL Agent Portal under the Compensation tab.

Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser. In CO, MO, NH, and WI. Equity Services, Inc. operates as Vermont Equity Services Inc.

TC 134603(0723)1 | Cat No 106611(0423)