Getting set up

How to get set up to get paid as a referral partner

Joining is free, but a little setup makes receiving your commissions clean and professional. Here is the simple path most partners follow, along with the resources they use.

Do I need an LLC and a business bank account?

It is recommended, though not required to begin. An LLC and a dedicated business bank account let you receive commissions professionally, keep business and personal income separate, and make taxes simpler. It is a modest, sensible cost, not a fee we charge, and it is general guidance rather than legal or tax advice.

The simple setup

01

Form your LLC

A registered-agent service can set one up quickly. Many partners use WyomingAgents.com to get started and to act as their registered agent.

02

Open a business bank account

Once the LLC is active, open a dedicated business account so commissions never mix with personal funds. Mercury is a common online option for new businesses.

03

Start making introductions

With setup handled, you are ready to refer. Commissions are paid as earned into your business account, and you track everything in the partner portal.

The services linked above are third-party providers offered for convenience. WealthStream is not affiliated with them and this is not legal, tax, or financial advice. Choose what fits your own situation.

Common questions

Do I need an LLC to receive referral commissions?

It is not required to start, but it is recommended. An LLC lets you receive commissions professionally, separates your business income from personal, and simplifies taxes on 1099 income. You can form one quickly, and it is a modest cost, not a fee WealthStream charges. This is general guidance, not legal or tax advice.

What is the easiest way to set up an LLC and business bank account?

Many partners form their LLC through a registered-agent service and then open a business bank account once the LLC is active. Two commonly used options are WyomingAgents.com for the LLC and Mercury for the business account. Confirm what fits your state and situation with your own professional.

Is there any cost to become a partner itself?

No. Joining WealthStream is free, with no fees and no product to buy. The only costs are the optional business setup above, which you own and which are standard for anyone earning independent income.

Last updated: August 2026

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