FBS Securities Referral Program — Terms & Conditions

Effective as of April 17, 2025

 

1. Program Overview

The FBS Securities Referral Program ("Program") allows eligible participants ("Referrers") to introduce prospective clients to FBS Securities, a registered investment advisor. By participating, Referrers agree to these Terms and Conditions and acknowledge that all referrals must comply with applicable laws and regulations.

 

2. Eligibility of Referrals

Referred individuals must be new to FBS Securities.

A "new" client is defined as someone who is not currently, and has not previously been, a client of FBS Securities, nor listed in our CRM or marketing database.

Existing or prior clients, or individuals currently in discussions with FBS Securities, do not qualify as eligible referrals.

Referred individuals must have a good-faith intent to invest a minimum of $500,000 in assets under management. FBS Securities reserves the right to validate the financial suitability of each referral.

 

3. Referrer Eligibility

The Program is open to individuals age 18 or older who reside in the United States.

Participants may not refer themselves, immediate family members, or any person residing at the same address.

Employees, affiliates, and contractors of FBS Securities are not eligible to participate unless separately authorized in writing.

 

4. Referral Reward Conditions

Referrers may be eligible to receive a $1,000 reward for each qualifying referral. A referral is deemed "qualifying" if the referred individual:

a) Engages FBS Securities in a paid financial planning relationship, and

b) Meets or exceeds a portfolio value of $500,000 in investable assets under management by FBS Securities within six months of onboarding.

 

If a referred client's investable assets are less than $500,000, the referral may not individually qualify for the full reward. In such cases, FBS Securities may apply a "pooled referrals" structure at its sole discretion. Under this model:

- Referrers may receive a $1,000 reward after multiple lower-AUM referrals collectively meet or exceed the $500,000 threshold.

- The timing and eligibility of pooled rewards will be determined by FBS Securities based on client verification, funding, and engagement status.

- No partial payments or pro-rata distributions will be made on individual referrals that do not independently meet the $500,000 minimum.

FBS Securities reserves the right to determine AUM eligibility, timeline extensions, and reward qualification based on internal client suitability assessments and onboarding timelines.

 

5. Reward Limitations

Rewards are non-transferable and may not be substituted, exchanged, or redeemed for alternative compensation.

Referral bonuses may constitute taxable income. FBS Securities will issue IRS Form 1099 where required. Referrers are responsible for reporting and paying any applicable taxes.

FBS Securities encourages all participants to consult with a qualified tax advisor prior to participation.

Rewards are subject to asset verification and minimum portfolio thresholds as outlined in Section 4.

 

6. Unlimited Referrals

There is no limit to the number of eligible referrals a qualified Referrer may submit.

Each referral is evaluated independently and must meet all criteria outlined in these Terms to qualify for a reward.

 

7. Prohibited Conduct

Self-referrals and fictitious or fraudulent submissions are strictly prohibited.

FBS Securities reserves the right to disqualify any referral or participant suspected of misconduct, manipulation, or noncompliance.

 

8. Confidentiality and Professionalism

All referrals will be treated with the highest level of confidentiality and professionalism.

FBS Securities will not disclose the identity of the Referrer to the referred client without prior consent, unless required by law.

 

9. Program Modifications and Termination

FBS Securities reserves the right to amend, suspend, or terminate the Referral Program at any time without prior notice.

Any changes will be effective immediately upon posting an updated version of these Terms. Continued participation constitutes acceptance of any revisions.

 

10. No Investment Advice or Endorsement

Participation in this Program does not constitute an endorsement, solicitation, or recommendation to invest.

FBS Securities will independently assess each referred individual's suitability before offering any advisory services, in accordance with applicable regulatory requirements.

 

11. Legal Compliance

This Program is subject to all applicable federal, state, and local laws and regulations. Void where prohibited.

Participation constitutes full and unconditional agreement to these Terms. Violations may result in disqualification and forfeiture of any reward.

 

Contact:

For questions regarding the Referral Program, please contact:

FBS Securities Compliance Team

📧 [email protected] | ☎️ +1-214-307-4320