The Private Bank offers products and services via Wells Fargo Bank, N.A., Member FDIC, and its varied associates and subsidiaries. Another key difference between an investment banker and a enterprise dealer is how they calculate charges. Both funding bankers and business brokers usually charge a success charge. This payment is paid at closing and is usually driven by the dimensions the transaction…the more it sells for the higher the success charge. The distinction is that business brokers will cost a declining share, corresponding to 10% on the first million dollars, 8% on the second million, and 5% on something above that, as an example. This is because brokers work on smaller transactions that also require important work.
