Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
If you were an insurance agent, would you ever brand yourself as a Financial Professional?
If you were an insurance agent, would you ever brand yourself as a Financial Professional?
are you a CFP? 6-65 or 7, or a Registered Broker? Insurance is not an investment in my mind, I have no idea who Rich Wesselt is
Annuities are investments that are not securities. A clear distinction must be made and maintained.
I have a ChFC designation. I used to have a 7/66, but no longer.
Rich Wesselt is one of the top insurance agents with Ohio National. That's why I put the link to the video in my post. Of course, it won't show up if you're using the forum app.
Yes I can.
I cannot give any portfolio allocation advice - whether to sell, buy, hold, or any analysis (or judgment) of their holdings. So, suppose they only want to move half of their 401k into a FIA, and then ask me which they should sell to fund the FIA. I can't give advice in that way.
I am only presenting the FIA as an alternative to investing in securities.
----------
One nice thing about the DOL ruling is that it can help to clarify the difference between education and advice regarding investments & securities, thereby reducing the "source of funds" claims that have been around for the past few years.