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Broker remuneration is configured per brokerage firm and per product. Each firm-and-product pairing carries its own commission and fee settings, validated against limits the product defines.

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What can be configured

For a given firm and product:
  • Commission — a minimum, default, and maximum commission rate.
  • Hard commission limits — upper and lower bounds that the commission range itself cannot cross.
  • Total-commission bounds — a minimum and maximum for the combined commission across the distribution chain.
  • Management fees — a minimum and maximum management fee (a fixed amount, not a percentage).
When a firm’s fees are created or updated, Korint validates them against the product’s configured bounds and rejects values that fall outside them.

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Wholesale and retail splits

In a wholesale/retail chain, the commission is split between the wholesale firm and the retail firm. The combined split is clamped to the total-commission bounds, and a compensation strategy decides how any adjustment is absorbed:
  • Wholesale absorbs — the wholesale share is adjusted to bring the total within bounds; the retail share stays as configured.
  • Retail absorbs — the retail share is adjusted; the wholesale share stays as configured.
  • None — no automatic adjustment; a split that falls outside the bounds is rejected.
The compensation strategy is set at the product level, so every firm distributing that product follows the same rule.
Teams inherit their fee configuration from their parent retail firm—see Team brokerage firms.

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Where fees are used

The configured commission and fees feed into quoting—shaping how the price is broken down for each firm in the chain—and flow through to billing.