How do I get paid?

Before you start earning money, we need to know how you would like to be paid. New advisors are asked to provide their payment details during the sign-up process. You can update your payment details at any time from your account. Keen advisors can choose to get paid in a few different ways:
  • Direct Deposit (please note that in order to receive payments by direct deposit, you must have a U.S. bank account):
    • Semi-monthly Direct Deposit is provided free of charge. Payments are processed on the 1st and 16th of the month and made available depending on your bank's direct deposit policies.
    • Express Pay provides daily direct deposit for a 1% fee. Payments are processed daily and made available depending on your bank's direct deposit policy.
  • Monthly Check
    • Checks are processed on the 1st of the month and are provided free of charge.

Some other helpful information to know about payments:

  • The minimum direct deposit payout amount is $20. Because you are required to keep $5 in your account at all times, you must have $25 total to trigger a payment.
  • Keen is obligated to report advisor earnings to the IRS. If you meet the thresholds set out by the IRS, we will issue you a 1099-k in January of the following year.
  • Payments are not processed on bank holidays.
  • While you can change your direct deposit information at any time, it can take up to 10 business days for the new information to be confirmed by your bank. 
Was this article helpful?
49 out of 56 found this helpful