Has Anybody Worked for LTC Financial Partners?

[CALTCAgent]

Why do you feel nothing works?

I am talking about LTCFP. I am just looking at the math and their system.

What works for you?

I am looking for something.

 

[ltcadviser]

I am talking about LTCFP. I am just looking at the math and their system.




I am looking for something.

The reason the math doesn't work is because the compensation is awful not the lead quality. I will bet you the top producers that have been there from the beginning are not writing business at 35%. No way. They are getting leads and making more than 35%. Have to be.

 

[CALTCAgent]

The reason the math doesn't work is because the compensation is awful not the lead quality.

I was assuming their lead quality is fine. All the rest of the math does not work, IMO. But that is only part of the problem.

I will bet you the top producers that have been there from the beginning are not writing business at 35%. No way. They are getting leads and making more than 35%. Have to be.

Yeah, probably other perks as well.

 

[Mackaroo]

Is John Hancock discouraging apps from everyone now?

 

[ltcadviser]

Is John Hancock discouraging apps from everyone now?

Just now? Or 2004-2014?

 

[Mackaroo]

Just now? Or 2004-2014?[/QU
A major player is not taking JH now.

 

[ltci4sure]

I agree. I have been observing that there are more dnq medical than there were in years past. By dnq I mean leads I pre-qualify and determine it is not worth submitting an application PLUS clients I pre qualify, submit an app and it comes back declined often for reasons the client did not previously reveal. Possible explanations for the increase in dnqs are stricter underwriting, and a greater proportion of sicker people sending in cards.
Going independent to me means I will not be concentrating on LTC as much as I will be doing fact finders to discover all the client's needs. I will probably buy Med Supp leads to get in the door. It is a given that referrals are vital.
I appreciate the information and support I get from my peers here in this forum. We are in a difficult, often lonely business and it is comforting as well as helpful to give and take this support. Snarkiness, such as suggesting some agents need to work at jobs requiring nametags, reflect very poorly on those making the snarky statements. I wonder what motivates those posts; it is certainly not helpfulness.

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I am guessing that you are an officer with LTCFP. Do you have statistics showing lead efficiency over time? In other words, how has lead efficiency changed over the years with LTCFP? This would be very useful information for us to make career decisions on.

Regarding the lead quality - if you are working with LTCFP, you could easily connect with people within the company who manage leads and they'd share with you the stats. Lead quality is not a problem, when you have people buying these same leads and posting $70+k/month submitted with 69% placement rate.
All these suppositions and math are based on rumor and innuendo. If you would like to find out whether LTCFP is for you - talk to them. Then do the math.
If you are buying your own leads and not writing business from these leads, you'd go out of business quickly, regardless of your compensation level. I am just curious, what sort of lead cost are the experts on this forum running? How much do you spend to place $1000 ? If you are talking math, please share your numbers.

 

[CALTCAgent]

A major player is not taking JH now.

Who is the "major player"?

 

[Mackaroo]

Who is the "major player"?

LTCFP will very shortly only accept JH from California.

 

[ltci4sure]

LTCFP will very shortly only accept JH from California.

Please read your internal documents before posting on a public forum.