Level of Complexity: Intermediate
Insurance was once off limits to RIAs due to its commission-driven nature. Commissions also drove up costs, which limited the value of traditional insurance products. Now, as the advisory world is becoming increasingly commoditized and commission-free insurance solutions are more readily available, RIA’s need to bring insurance under their fiduciary umbrella to more holistically serve clients while expanding share of wallet. In this session, participants will learn the business case for implementing insurance in your Fee-Only practice, and how to get started.