Nerd's Eye View

JULY 18, 2022

Insurance companies and broker-dealers in the business of manufacturing products and hiring advisors to sell them often dominate career fairs and job boards, frequently drawing in graduates of CFP Board-approved education programs.

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CFP Recruitment Sales Certification 246

The Irrelevant Investor

FEBRUARY 5, 2021

Subscribe here: iTunes Android Google Play Stitcher Spotify The post Animal Spirits: Commission-Free Insurance appeared first on The Irrelevant Investor. Follow us on Facebook , Instagram , and YouTube. Check out our t-shirts, stickers, coffee mugs, and other swag here.

Commission 52

Commission Insurance Financial Planning Planning 52

Nerd's Eye View

OCTOBER 28, 2024

But over the past 20 years, the shift from commission-based to recurring revenue (AUM and subscription fee) models has, for the first time, allowed advisory firms to begin to size and scale up.

Financial Advisor 146

Financial Advisor Tax Planning Financial Planning Planning 146

Nerd's Eye View

MARCH 24, 2023

Read More.

Financial Planner 245

Financial Planner CFP Certification Retirement Planning 245

Nerd's Eye View

JUNE 12, 2024

For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.

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Fiduciary Duty Risk Tolerance Investments Investing 245

Nerd's Eye View

DECEMBER 6, 2023

While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular. Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services.

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Investments Investing Retirement Planning Financial Advising 246

Nerd's Eye View

MAY 10, 2024

billion (thanks to expected reductions in commissions and the embedded costs in these annuities). could save retirement plan participants $55 billion over the next 10 years (due to an expectation of more low-cost fees being offered in plans) and those rolling over workplace plans into IRAs to purchase annuities another $32.5

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Financial Planner Retirement Planning Retirement Valuation 246

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

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Financial Planner Fiduciary Duty CFP Accounting 246

Darrow Wealth Management

NOVEMBER 4, 2024

Stockbrokers, registered representatives, dual registered advisors, insurance agents, and other types of advisor-sales roles don’t always have to act in your best interest depending on the situation. Not all advisors are fiduciaries. This AUM based fee structure is common among fee-only advisors who are almost always full-time fiduciaries.

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Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 80

Advisor Perspectives

JUNE 12, 2024

Then any commissions earned from the sale of products, usually insurance products, are credited back to the client, offsetting and reducing the annual fee by the amount of the commission. A planner using a fee-offset model sets an annual fixed fee for their services.

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Commission Insurance Sales Clients 64

Ron A. Rhodes

DECEMBER 13, 2023

It is possible that all commission-based compensation involving the sale of investment products, life insurance products, and annuities could be eliminated. And it would be right and just to do…

Commission 59

Commission Insurance Sales Investing 59

Calculated Risk

APRIL 25, 2024

Within services, the increase primarily reflected increases in health care as well as financial services and insurance. Within residential fixed investment, the increase was led by brokers’ commissions and other ownership transfer costs as well as new single-family housing construction.

Government 189

Government Commission Financial Services Manufacturing 189

Tobias Financial

JUNE 16, 2025

These events may affect your investment approach, tax planning strategies, insurance needs, and estate planning documents. Annual reviews of tax filings, insurance policies, retirement plans, estate documents, and net worth statements support long-term clarity and preparedness. This is a publication of Tobias Financial Advisors.

Planning 52

Planning Engineering Financial Planning Financial Advisor 52

Ron A. Rhodes

JANUARY 6, 2024

The insurance lobby is against the imposition of the fiduciary standard by the DOL, as it will lower the excessive commissions often paid on the sale of Fixed Index Annuities…

Insurance 67

Insurance Commission Sales Fee Only 67

Nerd's Eye View

JULY 26, 2022

In this episode, we talk in-depth about how after working for years in the financial industry, Amy realized there was a missed opportunity in working with career-driven Gen X women like her and decided to focus on serving that type of clientele she knew so well, how the initial fear of launching a firm on her own initially led Amy to partner with another (..)

Financial Planner 246

Financial Planner Management Planning Financial Advisor 246

WiserAdvisor

JUNE 16, 2025

Securities and Exchange Commission (SEC), the thresholds may vary slightly — say a net worth of $1.5 It is important to invest in high-value item insurance to protect them. You can look for insurance companies that offer comprehensive insurance for luxury items to ensure your possessions are financially protected.

Wealth Management 59

Wealth Management Taxes Insurance Assets 59

Sara Grillo

OCTOBER 21, 2022

There are better options than entering a predatory insurance or wirehouse training program and crossing your fingers (which is an AWFUL idea, by the way). Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests.

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Insurance Financial Planner Fee Only Financial Advisor 98

Carson Wealth

NOVEMBER 2, 2023

By Matt Lewis, CLTC ® , Vice President, Insurance You’re turning 65 this year and Medicare is on your mind. Creditable coverage is health insurance, prescription drug coverage, or another health benefit plan that meets a minimum set of qualifications. You will have two months to join a plan after your job-based insurance ends.

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Insurance Medical Planning Accounting 143

Nerd's Eye View

JULY 30, 2024

In this episode, we talk in-depth about how Michelle has created a structured process to help her clients successfully navigate the divorce process, from connecting them to divorce specialists that Michelle has pre-vetted, including attorneys, mortgage brokers, and therapists, as well as providing her divorcee clients with a roadmap for their way forward (..)

Clients 130

Clients Financial Advisor Insurance Wealth Advisor 130

Zoe Financial

JUNE 18, 2025

In addition to salary, bonuses, and commissions, earnings also include investment income. A helpful approach is to categorize expenses into: Fixed expenses: Mortgage, rent, property taxes, insurance, and loan repayments. Insurance: Life: disability, and liability insurance may help protect against unforeseen events.

Insurance 40

Insurance Accounting Taxes Retirement 40

Million Dollar Round Table (MDRT)

NOVEMBER 16, 2023

By Sandy Schussel When I ask financial advisors or insurance agents what their biggest challenge is, the first answers are usually “not getting in front of enough qualified prospects,” “not managing my time well” or “being disorganized.” Some advisors call this “commission breath.” When this is the case, it’s obviously a huge problem.

Sales 105

Sales Commission Financial Advisor Insurance 105

MarketWatch

MARCH 17, 2023

In a letter sent to the heads of the Justice Department, Securities and Exchange Commission and Federal Deposit Insurance Corporation, the lawmakers raised “concerns over the role of Goldman Sachs Group in advising SVB and the purchase of its bond portfolio.”

Banking 98

Banking Commission Insurance Sales 98

MarketWatch

MARCH 17, 2023

In a letter sent to the heads of the Justice Department, Securities and Exchange Commission and Federal Deposit Insurance Corporation, the lawmakers raised “concerns over the role of Goldman Sachs Group in advising SVB and the purchase of its bond portfolio.”

Banking 98

Banking Commission Insurance Sales 98

Nerd's Eye View

OCTOBER 17, 2023

In this episode, we talk in-depth about how, after realizing that his 401(k) plan participants were not being advised after they retired (and were being poached by brokers and agents trying to sell them on high-commission annuities), Brad decided to expand his business into wealth management so that he could offer advice to his mass affluent clientele (..)

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Financial Planning Planning Wealth Management Retirement Planning 130

MarketWatch

MARCH 13, 2023

“Western Alliance has taken additional steps to strengthen its liquidity position to ensure that we are in a position to meet all of our client funding needs, including increasing our borrowing capacity,” said Western Alliance Chief Executive Kenneth Vecchione in a filing with the Securities and Exchange Commission Monday. “As

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Commission Insurance Banking Accounting 75

Good Financial Cents

MARCH 28, 2023

These include investments like commodity futures and fixed annuity contracts which are not registered with the Securities and Exchange Commission (SEC). The SIPC Is Not Like the FDIC The SIPC is often compared to the FDIC (Federal Deposit Insurance Corporation) bank insurance—but they’re not related in any way.

Investing 83

Investing Investments Insurance Accounting 83

Darrow Wealth Management

FEBRUARY 13, 2025

Fee-only firms are unique as they do not receive commissions from selling financial products, such as insurance policies or investment products. Although some firms use these compensation methods, the majority base fees on a percentage of assets under management (AUM) for their services. Do you have a unique situation?

Fee Only 56

Fee Only Financial Advisor Financial Planner Certified Financial Planner 56

Good Financial Cents

JULY 21, 2022

Fees $0 for stocks or ETFs; no commissions or contract fees on options. $1/mo. 0 for stocks, options, and ETFs; over 4,000 commission-free mutual funds. $0 0 for stocks, options, and ETFs; more than 3,000 commission-free mutual funds. . $0 0 for stocks, options, and ETFs; more than 3,000 commission-free mutual funds.

Accounting 98

Accounting Commission Investing Investments 98

NAIFA Advisor Today

MAY 30, 2025

Brian played a pivotal role in organizing NAIFA-MNs grassroots mobilization during the early fight against House File 2437, legislation that proposed a sales tax on a range of professional servicesincluding financial planning, insurance commissions, legal services, and even CPA services.

Commission 52

Commission Financial Planning Insurance Taxes 52

Trade Brains

MAY 14, 2024

Go Digit IPO Review – Company Overview The Company is one of the leading full-stack insurance Companies that leverage technology to innovate product design, distribution, and customer experience for non-life Insurance products. The RedSeer report was commissioned by Go Digit for the sole purpose of creating this RHP.

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Insurance Commission License Management 59

Good Financial Cents

FEBRUARY 24, 2023

With most investing apps now offering commission-free trading, online brokers must find more creative ways to stand out. About Webull Launched in 2017, New York City-based Webull is a self-directed investment platform that offers commission-free trading. Cryptocurrency You can trade cryptocurrency on Webull commission-free.

Investing 96

Investing Investments Commission Accounting 96

Carson Wealth

AUGUST 28, 2022

Agents of an insurance company . Registered Representatives of a Broker/Dealer Firm or Agents of an Insurance Company . Financial advisors who are registered representatives of a broker/dealer or agents of an insurance company are paid differently. The commission is not paid directly by the consumer. Meet Ruben.

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

Gen Y Planning

AUGUST 1, 2023

Lesson #4: “Everyone Needs Life Insurance” There are many types of life insurance policies but two common ones are: term and whole. Term life insurance is active for a set amount of time (think 10, 20, 30-year periods). Whole life insurance is an insurance policy that lasts your lifetime and has no expiration date.

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Insurance Retirement Clients Financial Advice 98

Sara Grillo

OCTOBER 31, 2022

Any financial advisor who is registered as an advisor with a regulator has to fill out this form for initial approval by either a state or a Federal (the United States Securities and Exchange Commission) regulator. If the person is an insurance agent or solely a broker selling commission-based products, they will not have to file a Form ADV.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

Trade Brains

OCTOBER 18, 2022

Fundamental Analysis Of HDFC Life : Many people insure their vehicles, mostly to follow the law. However, only three percent of India’s population has life insurance. Albeit, they wait for a few years to buy insurance, until an unfortunate incident jolts them into reality. That’s frightening! Industry Overview.

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Insurance Commission Distribution Numbers 52

Trade Brains

DECEMBER 14, 2023

The Company is an Investment manager to Individuals, Educational and non-profit Organizations, Pension Funds, Insurance Companies, and governments. The Company earns most of its revenue from the Financial Services and insurance industries (29.8%), followed by Retail (14.5%) and Communication (12.3%). of revenue respectively.

Banking 113

Banking Consulting Insurance Retail 113

Good Financial Cents

DECEMBER 22, 2022

Commission-free investing Allows fractional shares in stocks, ETFs Small minimum investment: $100. Better yet, your funds are FDIC-insured in amounts up to $250,000 per deposit per account. Like certificates of deposit (CDs), these accounts are FDIC-insured in amounts up to $250,000 per deposit per account. Open an Account.

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Investing Investments Risk Tolerance Accounting 108