Rick Bruan aka RJB Financial

[timeflies]

I am located in Ohio and I was contacted my Mr. Braun about a new life insurance-related product. There are a couple old threads from 2014 and 2017 related to problems agents were having. Both of them had to do with the credibility of some of his leads and lead sources and issues related to chargebacks.
The new opportunity is somewhat appealing to me, but I don't want to get involved if this agent or his agency isn't credible to work with. I really cannot find much about him online either. I would appreciate other agents feedback if they have worked with him in the past.

 

[goillini52]

I am located in Ohio and I was contacted my Mr. Braun about a new life insurance-related product. There are a couple old threads from 2014 and 2017 related to problems agents were having. Both of them had to do with the credibility of some of his leads and lead sources and issues related to chargebacks.
The new opportunity is somewhat appealing to me, but I don't want to get involved if this agent or his agency isn't credible to work with. I really cannot find much about him online either. I would appreciate other agents feedback if they have worked with him in the past.

https://insurance-forums.com/community/threads/rjb-financial.65978/#post-866247

 

[Northeast Agent]

I had a FE contract (United Heritage) through an upline agent of his a few years back when I was new to the industry. I only spoke with him maybe once or twice.

Being new, I didn't know an 80% contract was crap, and I also financed two "Walmart" 1,000 piece lead drops, which yielded 10 for one drop and 11 for the other (to be fair, it was summertime).

My first day out in the field, I sold a few policies to an elderly couple who had just returned from a funeral where the family was fighting over who was paying for it. The husband had major health issues (but not GI) and I could only sell UH with these leads now remember, even though they weren't free.

A couple days later I was advanced over $2,000 and I felt successful. Then the couple canceled the policies before even paying the first premium, as they couldn't afford it. I called to try and lower the face, but they were adamant they wanted to cancel. So, I sold a few more smaller policies with those leads then stopped selling them.

Not sure who dropped who, but Rick and United Heritage parted ways in late 2017. I received a letter from UH stating I need to pony up the chargeback and lead debt $ or I'd be Vectored. I was fortunate they worked out a payment plan, which I paid off as agreed.

 

[Northeast Agent]

Received an email yesterday from Gordon Marketing, it looks like he's partnering with them in some capacity now:

THE BIGGEST OPPORTUNITY
for SENIOR AGENTS IN YEARS!

Thursday, June 18 | 10:00 a.m. EST
with Rick Braun, RJB Financial Services

Join Rick Braun, RJB Financial Services, and I as we discuss how the Final Expense segment of the life insurance industry is experiencing tremendous difficulties and challenges. Commission charge backs are a HUGE problem! Long term renewal income is not being realized by most agents. It’s time to switch your focus to what your clients are really hoping to accomplish: planning and paying for their funeral. Gordon Marketing Is Excited to Announce A Better Way, "Legacy of Love – Funeral Planning via a Funeral Trust". This product will have a bigger and better impact on your client, and a BIGGER and BETTER impact on your income!

WIth Randy Pierson, CLU, LUTCF
VP Life & Annuity Sales

Looks like the day or date is wrong, today is Tuesday the 18th.

I wonder if a dance video is forthcoming?

 

[Newby]

Funeral Trusts outside of funeral homes get real popular with Marketers every 5-years or so. It’s always the latest and greatest thing. Commissions are HUGE. Sales are slim.

If you want to sell that product the easy way, go to work with a funeral home. I know plenty of people making six figures doing that.

Trying to sell them outside of a funeral home is difficult.

 

[goillini52]

[QUOTE="Northeast Agent, post: 1302656, member: 641]I wonder if a dance video is forthcoming?[/QUOTE]

 

[Todd King]

We took a look at this product. It is VERY expensive for the client when you compare it with what they can get outside of a trust.

Although it is something where the face amount increases, it really just doesn't match what you can do "now".