{"id":7240,"date":"2019-07-01T15:03:02","date_gmt":"2019-07-01T20:03:02","guid":{"rendered":"https:\/\/www.investorlawyers.com\/?p=7240"},"modified":"2019-07-01T15:03:02","modified_gmt":"2019-07-01T20:03:02","slug":"firms-made-millions-gpb-capital-private-placements","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/firms-made-millions-gpb-capital-private-placements\/","title":{"rendered":"Brokerage Firms Made over $165 Million for Selling GPB Capital Private Placements"},"content":{"rendered":"<p>\t\t\t\t<em><a href=\"https:\/\/www.investmentnews.com\" target=\"_blank\" rel=\"noopener noreferrer\">Investment News <\/a><\/em>is reporting that broker-dealers and their brokers that sold <a href=\"https:\/\/www.investorlawyers.com\/?s=gpb+capital+holdings\" target=\"_blank\" rel=\"noopener noreferrer\">GPB Capital Holdings <\/a>private placements to investors have collectively been paid $167 million in commissions. That large number represents 9.3% of the $1.8 billion that supposedly accredited, wealthy investors paid for these risky private placements. Recent reports had estimated that the commissions paid were lower, at around $100 million (about 7% per transaction), but GPB Capital has apparently confirmed the much larger number.<\/p>\n<p>While brokers and broker-dealers are allowed to make up to a 10% commissions for selling financial products to clients, very few investments pay such a high rate. However, private placements, such as GPB Capital, entice brokers and their firms to sell such risky investments by offering much higher commissions and fees.<\/p>\n<p>For private placements, it is not uncommon for financial representatives to earn around 7% in commissions, with another 2% going to the brokerage firm. In comparison, mutual funds and other similar investments typically pay less than half as much in commissions.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/firms-made-millions-gpb-capital-private-placements\/\"  title=\"Continue Reading Brokerage Firms Made over $165 Million for Selling GPB Capital Private Placements\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investment News is reporting that broker-dealers and their brokers that sold GPB Capital Holdings private placements to investors have collectively been paid $167 million in commissions. That large number represents 9.3% of the $1.8 billion that supposedly accredited, wealthy investors paid for these risky private placements. Recent reports had estimated that the commissions paid were [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":425,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3783,3774,4065,3762,3792,3772],"tags":[3188,4066],"class_list":["post-7240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-broker-misconduct","category-broker-dealers","category-broker-deals","category-current-investigations","category-ponzi-scams","category-private-placements","tag-gpb-capital-holdings","tag-gpb-private-placements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brokerage Firms Made over $165 Million for Selling GPB Capital Private Placements &#8212; Investor Lawyers Blog &#8212; July 1, 2019<\/title>\n<meta name=\"description\" content=\"Brokers and Brokerage Firms Made over $165 Million in Commissions for Selling GPB Capital Private Placements and GPB Capital has apparently confirmed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/firms-made-millions-gpb-capital-private-placements\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Brokerage Firms Made over $165 Million for Selling GPB Capital Private Placements &#8212; 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