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Need suggestions on a good, quality FMO that's focus is on Annuities. I've been with my current FMO for roughly 5 yrs and it's time ...


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Old 07-27-2007, 03:47 PM   #1
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Annuity FMO's???             Go to Top


Need suggestions on a good, quality FMO that's focus is on Annuities. I've been with my current FMO for roughly 5 yrs and it's time for a change.

Would like to hear positives and negatives about your experiences with different FMO's.

Feedback appreciated.
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Old 07-27-2007, 05:26 PM   #2
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I have been satisfied with Independent Brokerage - (800) 407-4137 - Fixed Index Annuities - Annuity Leads I hve been with them for about 2 yrs. I went out searching for other FMO's nd ended up coming back to them. They are very friendly and helpful. They have alot of marketing ideas and lso have a new marketing pln with the ads in the paper.
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Old 07-27-2007, 05:27 PM   #3
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I don't produce much in annuities. About 300K a year. They pay street level commission too.
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Old 07-27-2007, 06:59 PM   #4
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Maybe you should check out http://Roster Financial. I don't use them for annuities at the moment (but will be soon). If you contact them, PM me and I'll get you some contact info...(no monetary referral bonus, but a perk comes my way).
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Old 07-27-2007, 07:52 PM   #5
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Mind you, I have not written any business with them yet, but Asset Protectors and Advisors out of Raleigh, NC is impressing me a great deal. I spent Monday and Tuesday with these guys and thus far, they have exceeded my expectations. You can check them out here: Welcome to Asset Protectors & Advisors Group
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Old 07-27-2007, 08:32 PM   #6
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Senior keep me posted how it goes. I signed up with them yesterday and look forward to the future.
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Old 07-27-2007, 08:55 PM   #7
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Originally Posted by pfsthib View Post
Senior keep me posted how it goes. I signed up with them yesterday and look forward to the future.

I am not using any of thier marketing plans yet. I just cross sell. But when I have enough money put back I will try the newspaper ads. They sid it can run anywhere from $500-$1500 per month and the return usually doesn't come back to you for a couple months.

I am going to send out one of thier prospecting letters to all of my current clients though.
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Old 07-27-2007, 09:56 PM   #8
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I am reading the Money talks book right now. As soon as I get the prospecting letters I got a list of 600 people to send it out to.
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Old 07-27-2007, 11:54 PM   #9
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Has anyone used their [COLOR=Blue]Hourly Lead Appointments?

[/COLOR]
[COLOR=Blue][COLOR=Black]If so, what were your results?[/COLOR]
[/COLOR]

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Old 07-28-2007, 02:00 AM   #10
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Originally Posted by pfsthib View Post
I am reading the Money talks book right now. As soon as I get the prospecting letters I got a list of 600 people to send it out to.
I thought Money Talks was a very good read. I like the ads in there and the sales Ideas. Definetly motivator.
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Old 07-28-2007, 10:52 AM   #11
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I work with Asset Marketing Systems. They are great!!

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Old 08-21-2007, 08:58 PM   #12
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If you have your securities license and looking for some support, then try Gulf States Marketing. Cannot find the 800 # but their bus. ph # is 601-649-2822. Call them and chat with them, ask for audrey. She can give you all the info you need. Much more than just annuities, but the backing you get from them is great. It may or may not be what your looking for but hey, they're good folks.

Their website seems to be down at this time.
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Old 09-03-2007, 02:21 AM   #13
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Who is behind Asset Protectors and Advisors Group? I didn't see anything on their website...
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Old 09-03-2007, 09:01 AM   #14
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Originally Posted by Mr. Bill View Post
Who is behind Asset Protectors and Advisors Group? I didn't see anything on their website...
Tom McDermot owns the company and was formerly a top annuity producer.

Nice guy.

I have a friend that just did a direct mailing with their materials and out of a mailing of 3000 he got back 37 response cards and was still expecting more. He was elated to say the least.
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Old 09-03-2007, 12:17 PM   #15
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Originally Posted by Alsky View Post
Has anyone used their [COLOR=blue]Hourly Lead Appointments?[/COLOR]

[COLOR=blue][COLOR=black]If so, what were your results?[/COLOR][/COLOR]

Didn't see a reply to this. The results they claim look bogus to me.

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Old 09-03-2007, 01:01 PM   #16
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Originally Posted by Winter View Post
Didn't see a reply to this. The results they claim look bogus to me.

Winter
Not sure, but I am thinking these are appointments set for the leads generated from a seminar you would have already hosted.
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Old 09-03-2007, 03:23 PM   #17
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Originally Posted by Macdaddy View Post
Mind you, I have not written any business with them yet, but Asset Protectors and Advisors out of Raleigh, NC is impressing me a great deal. I spent Monday and Tuesday with these guys and thus far, they have exceeded my expectations. You can check them out here: Welcome to Asset Protectors & Advisors Group

How does it work with this group? Can you just get appointed with them on a carrier by carrier basis. I dont want to be too tied up with anyone but would not mind getting connected with an FMO or whatever they are called that actually is involved in marketing of annuities as far as lead programs, etc. Maybe not. dunno.

Winter
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Old 09-03-2007, 04:44 PM   #18
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Originally Posted by Winter View Post
How does it work with this group? Can you just get appointed with them on a carrier by carrier basis. I dont want to be too tied up with anyone but would not mind getting connected with an FMO or whatever they are called that actually is involved in marketing of annuities as far as lead programs, etc. Maybe not. dunno.

Winter
I believe they just require you to contract with one carrier to begin using their system.

If you need help with seminar marketing they will provide a guy to do the speaking, and he can even run calls with you for the week.

If you want some of their value added services like a website then you need to contract with 4 carriers I think.
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Old 09-06-2007, 11:33 AM   #19
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Originally Posted by pfsthib View Post
I am reading the Money talks book right now. As soon as I get the prospecting letters I got a list of 600 people to send it out to.
Does Moneytalks provide prospecting letters? Or does you FMO? If it is Moneytalks, did you have to pay extra?

I have had Moneytalks for a number of years now and never did anything with it. I've hooked up with Independent Brokerage and I want to start writing some Equitrust business.


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Old 09-06-2007, 02:40 PM   #20
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It does have sample letters in it. They suggested I do a mailing with a company called The Lead Connection. I hope to have it go out next week. I am looking forward to see how it goes.

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