Client communication is vital to a successful business Effective client communication lies at the heart of successful financial advisory relationships. As a financial advisor, your ability to build trust, maintain regular contact, and convey complex financial concepts in a clear and understandable manner is crucial. Here are some proven tips and best practices to elevate…
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Disability insurance is perhaps one of the most overlooked, yet valuable, products available to consumers. According to the Council for Disability Awareness, roughly 51 million working adults will have nothing but Social Security to rely upon should an injury or medical condition leave them unable to work for an extended period of time. Those who…
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The US Department of Labor announced this week that the new fiduciary rule, first revealed late last year, will indeed take effect in the coming months. This is in the face of fierce pushback from the insurance industry due to how dramatically it will impact how independent advisors do business with any qualified money sales.…
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Tax day has come and gone. Whether tax planning is among your specialized services or not, you should at least be discussing the impact taxes will have on your clients’ retirement income. The tax-planning conversation can also be a useful prospecting tool. The question is, are you leveraging this opportunity? You are already aware of…
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Marketing tips to help advisors write more business by overcoming some of the most common annuity objections and misconceptions.
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April is one of the biggest months for CD renewals. Despite low returns, untold amounts of money will roll back into CDs. This means lower spending power for those who rely on CDs for savings vehicles. So why are so many consumers willing to renew rather than replace? Reasons for Renewal Simply put, it’s convenient…
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April and October are traditionally known as CD replacement months, a designation that traces back to the October 19, 1987 “Black Monday” stock market crash. Investors, scrambling to protect their assets from the collapsing market, found safe harbor in Certificates of Deposit. The event left an impact that can still be felt decades later. As…
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In the intricate and evolving landscape of financial services, knowledge is power. Understanding the nuances of this industry and how to operate within it requires not just expertise but continuous learning and development. This is the driving force behind the IAMS Life & Annuity Academy. As IAMS’ first in-person event of 2024, the Academy brings…
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For nearly 20 years, April has been recognized as National Financial Literacy Month. The timing couldn’t be better today. Inflation is still impacting consumers and the upcoming election could result in an unpredictable economic outlook. Now more than ever, people need accurate and trustworthy financial advice. This is where you come in. Most of you…
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A website is among the most valuable marketing tools an agent or advisor has at their disposal. As the “digital face” of your brand, it’s where consumers will form their first impression of your business and the potential value you can provide. The primary purpose of your website should be to help attract new clients…
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