The goal of IN4FA is the same as yours – do what is best for your clients while maintaining your fiduciary responsibilities.
5 Excellent Reasons Fee-Based Wealth Advisors Should Work with a Risk Expert from IN4FA SM:
Offers A Holistic Approach – Risk Management is a core element of holistic planning. An unforeseen or unplanned risk can derail a retirement plan.
Maintains Your Fiduciary Standard – An obligation to act solely in your client’s best interest. The best Advisors understand that collaborating with an expert in another field is part of the process AND assists the Advisor in maintaining their fiduciary requirement.
Helps maintain Assets Under Management – An unforeseen problem can cause client assets to dwindle. Working with a Risk Expert can help a fee-based Wealth Advisor maintain the assets under management. A proper risk management strategy taking into account all possible risks helps to nurture and protect your clients’ wealth.
Keeps the Competition at Bay– Solving client problems, with help from experts, is always good business. Just because you do not bring it up does not mean clients are not thinking about insurance solutions (life, long-term care. disability) or risk management issues. If you don’t offer assistance, your clients may go elsewhere. Collaborating with experts helps keep your clients completely in your orbit…..for all of their needs.
Builds a Bridge to the Next Generation – This is the best way to generate future business. Regardless of the services you offer, getting to work with the next generation is the goal. The use of insurance solutions create and support estate planning strategies and help to initiate discussions that allow you to be part of a bigger picture that may span generations.
For more information about how Wealth Advisors can use life insurance, IN4FA is pleased to offer you:
“The Wealth Advisors Guide to Life Insurance” by Michael Brohawn, a member of the IN4FA SM Network.
Get your complimentary copy HERE. This guide is for those who believe that doing RIGHT BY THE CLIENT is the ONLY way to do business.