Got your series 65 but not doing anything with it?

[Robert Hall]

I know there are alot of producers out there that got their 65 but don't use it because they are more insurance driven producers. I'm primarily a life guy that does a ton of annuity business. I just found a way to actually use series 65 without doing the work or managing the money. I work with a guy named Justin Atkinson. He has a pretty unique concept if anyone is interested. I get paid on it but Justin does all of the work.

 

[HealthGuy]

How does a top annuity producer like you have time to pimp other people in here?

 

[pfg1]

So whats he doing?

 

[Robert Hall]

He is owner of an RIA. He works with agents to create agent friendly proposals that allow the annuity agent or life agent to capture 100% of the assets. He does all the work of money movement and asset management then splits the fee with the agent as long as they have a series 65 license. The agent keeps 100% of all of the insurance commissions. It has helped me increase my annuity sells because it is a well rounded proposal instead of just a annuity or .IUL pitch.

 

[DHK]

He's recruiting solicitors.

Paying For RIA Referrals: State And SEC Solicitor Rules

 

[Tahoe Ray]

I know there are alot of producers out there that got their 65 but don't use it because they are more insurance driven producers. I'm primarily a life guy that does a ton of annuity business. I just found a way to actually use series 65 without doing the work or managing the money. I work with a guy named Justin Atkinson. He has a pretty unique concept if anyone is interested. I get paid on it but Justin does all of the work.

There are a ton of these shops.

The agent catches 25-50bps for "management" on the assets that they can't roll to an annuity b/c of suitability.

What differentiates your guy?

 

[Fisher]

It has helped me increase my annuity sells because it is a well rounded proposal instead of just a annuity or .IUL pitch.

You look old enough to not have made this all-too-common Millenial error.

 

[Robert Hall]

Sales

 

[Robert Hall]

I have not met anyone else doing this, with friendly software for annuity producers. If anyone knows anyone else doing it, I would be interested to learn more.