How New Ideas Can Happen in Insurance, Part II: Defining the role of “Insurance Adviso(e)r”
As discussed in previous posts in this series, here and here, life insurance and annuities in the US have historically been understood exclusively through the lens of “suitably” sold product, and have not been systematically viewed through the lens of advice. Prior to the advent, and increasing popularity of, the Registered Investment Adviser (RIA) model …
What does it mean to be an Adviser?
Over the past few years, and especially as regulators and the financial services industry have sparred openly on amendments to conduct guidance for various forms of financial professionals, I have given a lot of thought to my personal beliefs around the meaning of the earned title “adviser”. As a former principal of a Fortune 100 …
Fiduciary Insurance Services, LLC to Provide Integrative Wealth Management and Insurance Advice to Sponsoring Financial Institutions
https://www.send2press.com/wire/fiduciary-insurance-services-llc-to-provide-integrative-wealth-management-and-insurance-advice-to-sponsoring-financial-institutions/ As more fiduciaries distribute insurance products and as insurers develop more fee-based products, Fiduciary Insurance Services, LLC will consult on best-practices for adding insurance products to wealth management frameworks Source: Fiduciary Insurance Services LLC | Fri, 18 Sep 2020, 07:00:18 EDT NEW YORK, N.Y., Sept. 18, 2020 (SEND2PRESS NEWSWIRE) — Fiduciary Insurance Services, …
How New Ideas Can Happen in Insurance, Part I: Programs vs. Products
In the United States, life Insurance and annuities have historically, for the most part, been issued and distributed as product containers sold to consumers by insurance agents, and not usually as part of a holistic financial planning process. Because this is how insurance has historically been offered, protection decisions have historically been made separately from …
How New Ideas Can Happen in Insurance, Part I: Programs vs. Products Read More »
