For accountants · bookkeepers · consultants
You already know
who is not being paid.
You produce the aged debtor report. Introduce the client, and we chase it properly in their name. You take 25% of their plan fees for as long as they stay, or you take nothing and they pay 25% less. Both are on the table, and we would rather you picked the one you can defend.
Apply to introduceThe compliance answer, first
You can take nothing, and it still works.
A commission connected to a client's affairs is a benefit you may have to disclose, may have to account for, and may simply not want. So it is optional. Choose the discount instead and the entire 25% comes off your client's plan fees rather than coming to you. Nothing reaches your practice, so there is nothing to declare, and your client is measurably better off for having asked you.
We are not your compliance department and this is not advice. Your institute's rules are yours to read. What we can do is make sure the option that keeps you clean is a first-class one rather than a favour.
The terms, in full
- Commission
- 25% of plan fees, excluding VAT, on money actually received by Hound
- Founding 20
- 30%, same terms, for life
- Duration
- The life of the client, not the first year
- Success fee
- None, ever. You earn nothing from what we recover
- Alternative
- The same percentage off your client's plan instead, your choice
- Introduction window
- 90 days
- Earned when
- Hound is paid, not when Hound invoices
- Clawback
- Reversed in proportion to any refund or chargeback
- Hold
- 30 days after payment before it is payable
- Minimum payout
- £25, and whatever is left is paid in full if you stop
- Tiers
- None. One published rate
Questions a careful practice asks
Does taking this compromise my independence?
That is your call to make, not ours, and it is why the second option exists. You can take nothing at all and have the same percentage come off your client's plan instead. Your client pays less, you are paid nothing, and there is no benefit to disclose because there is no benefit.
Do I earn anything from what you recover for my client?
No. Never, at any rate, for any introducer. The success fee is a share of your client's own recovered money, and an adviser taking a cut of that is the one shape this cannot have. You earn on plan fees only.
Am I responsible for what you do to their customers?
No. We contract with your client and act as their agent. Everything up to day 35 goes out in their name with their approval, and anything legal goes to a regulated firm they instruct directly. You are not a party to any of it.
What happens if the client leaves or is refunded?
Commission is earned when we are paid, not when we invoice, and it clears 30 days later. A refund reverses it in proportion, so a client refunded half costs you half rather than all of it.
How long do I have after making an introduction?
90 days. Tell us who you have sent and it is yours for that long, whether they arrive by your link, your code, or on their own.
Apply
We read every one of these.
Nothing is live until a person has approved you. You will have no link and no code before then, and we will tell you either way.