New Agent Confused about the “chain of command”

Jun 5, 2019

  1. Leslie Carter
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    Leslie Carter New Member

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    I am a new agent, got my license at the start of the year, did my AHIP ...lots of other certifications and training events...working towards the end goal of assisting with Medicare options. I am also interested in helping my community with their health insurance needs. So I finally started researching as I am reading the language on carrier contracts. It turns out I am an LOA which means my FSP will own my book of business unless we have a formal contract written up. We have an IMO that the FMO is attached too which means unless I become an FSP with the IMO I have no ties with the FMO if I was to ever part ways from my current company. This all seems very confusing and it seems like I might be ending up on the short end of the stick. Any opinions or advice? I am an educated, motivated, extroverted young woman who is really looking to build a solid career for herself.
     
  2. Todd King
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    Todd King IMO/FMO Owner

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    You should look at moving the contract to an FMO that does not ask you to assign commissions.
     
  3. Chazm
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    Chazm Guru

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    I’m assuming you haven’t written anything yet so it’s easy. Move your contracts
     
    Chazm, Jun 5, 2019
    #3
  4. Leslie Carter
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    Leslie Carter New Member

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    Any preferred FMO’s? I’ve only found one local in the Kentucky area.
     
  5. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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  6. Todd King
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    Todd King IMO/FMO Owner

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  7. bill3173
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    bill3173 Guru

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    The Chain of Command is straightforward..Todd King and then down from there. It's in his name.
     
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