I would suggest you switch over to being an independent agent if you are not one already. It gives you a chance to be appointed with different providers which allows you to be able to bring the best for the clients as you are able to bring them the best of the best, not just in med advantage but in life, health, retirement planning, college planning, and final expense planning. All in all, you can entirely help your clients with the whole financial spectrum, and you sleep well at night knowing you services them correctly. However that is if you find yourself a good mentor that is diversify in all areas and able to train you.
Dont Understand Life Insurance Jobs
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- 11,273
There are so many things wrong with this post. Let's go through it.
He doesn't know anything. Why would being "on his own" help anyone?
Besides being a run-on sentence, that is absolute HOGWASH. It "sounds" great and objective to the client. However, most products and companies are just about the same. There's not a whole lot of difference. Therefore, the best thing you can do - either as a captive agent or independent - is to pick one or two companies and specialize in their products. You can 'pool' your production and build a better relationship.
I'd rather work with the #1 producer of one company... than a mediocre producer of 20.
Second, he just got licensed. He doesn't know anything about "retirement planning" or "college planning". Gotta be with a good place to get some good training before even thinking that he's competent in these areas.
Licensing does NOT equal competence. It simply means that you are "allowed" to sell the products you are licensed to sell.
Until he's trained... he's as good as a loaded gun without any training. He can do some serious damage until he's trained.
This is the only part of your post that makes any sense.
Here's the problem: How will he attract a good mentor into his life unless he gets some production under his belt first? Mentors, good ones, are going to be selective on whom they spend their time. It's not just "raise your hand" and get one. You gotta earn it and prove that you're worth investing time, effort, and energy into training you.
You need a career agency shop... or go into an assistant role for another advisor/producer.
He doesn't know anything. Why would being "on his own" help anyone?
Besides being a run-on sentence, that is absolute HOGWASH. It "sounds" great and objective to the client. However, most products and companies are just about the same. There's not a whole lot of difference. Therefore, the best thing you can do - either as a captive agent or independent - is to pick one or two companies and specialize in their products. You can 'pool' your production and build a better relationship.
I'd rather work with the #1 producer of one company... than a mediocre producer of 20.
Second, he just got licensed. He doesn't know anything about "retirement planning" or "college planning". Gotta be with a good place to get some good training before even thinking that he's competent in these areas.
Licensing does NOT equal competence. It simply means that you are "allowed" to sell the products you are licensed to sell.
Until he's trained... he's as good as a loaded gun without any training. He can do some serious damage until he's trained.
This is the only part of your post that makes any sense.
Here's the problem: How will he attract a good mentor into his life unless he gets some production under his belt first? Mentors, good ones, are going to be selective on whom they spend their time. It's not just "raise your hand" and get one. You gotta earn it and prove that you're worth investing time, effort, and energy into training you.
You need a career agency shop... or go into an assistant role for another advisor/producer.
- 8,707
I could not have said anything better than you just did...
I second your motion that DHK make a lot more sense than the poster suggesting the newly licensed individual become an independent agent.
- 11,273
Thank you.
Here's what's funny: Every WFG agent THINKS they're "independent" AND that they all make "quality mentors"! ROFL!!!
A quality mentor does good ethical business, communicates clearly, understands English (this guy is barely grasping it) and is doing MDRT-level production year-over-year.
Good luck trying to find that with WFG.
Here's what's funny: Every WFG agent THINKS they're "independent" AND that they all make "quality mentors"! ROFL!!!
A quality mentor does good ethical business, communicates clearly, understands English (this guy is barely grasping it) and is doing MDRT-level production year-over-year.
Good luck trying to find that with WFG.
You are completely wrong if you think all providers have the same benefits for the same product. Even if they are a top provider that doesn't mean their product fits well with the client. Every client is different and in the financial realm there is no one size fits all. If a client is interested in life insurance I bring them to transamerica or western reserve life, if they are interested in a 401K rollover or annuity, I bring them to ING or Athena. By being independent you can bring the top products from different companies instead of one product that doesn't benefit the client at all. If a client has children then I bring them to a college planning program that can help. Compare to this to a phone, some people want iPhones, some want androids, and some want to be contracted with AT&T, tmobile, Verizon, and etc. different plans available at a different cost to the clients.
Also you are correct as just because you have a license doesn't mean you have a clue what you're doing, and just because you have a license to drive doesn't mean you can drive a car.
In honesty it is not hard to find a mentor to train you properly, in the business you have to be humble and be willing to learn, and from your attitude I can see why you haven't found anyone at all. I have at least 5 people I can go to and ask specialized questions, and these individuals do financial planning on the side while their full-time jobs are doctors, engineers from NASA, and lawyers, and etc.
If you are willing to learn, there are people that are willing to teach. I may not know everything, but I know what I know best, if I don't know I ask for help.
Ever hear the phrase "ask and you shall receive"
Maybe you should ask for help rather than assume you know it all.
- 11,273
Maybe that's because I DO know what I know. I would NEVER trust a "financial planner" that's also a doctor, engineer from NASA, and a lawyer (except perhaps an estate planning attorney), etc.
Companies that promote this kind of crap are an abomination to the industry.
I want a SPECIALIST... not a part-time hobbyist.
You don't know what you don't know.
Find me 5 mentors in WFG that are also members of the MDRT... and you MIGHT have a chance of long-term success for SOLO production - meaning not relying on other agent overrides.
I've been around the block longer than you have. I bet the ink on your license is still drying. I've probably forgotten more than you've ever learned. Do a search of my past posts, and you might get an education.
Companies that promote this kind of crap are an abomination to the industry.
I want a SPECIALIST... not a part-time hobbyist.
You don't know what you don't know.
Find me 5 mentors in WFG that are also members of the MDRT... and you MIGHT have a chance of long-term success for SOLO production - meaning not relying on other agent overrides.
I've been around the block longer than you have. I bet the ink on your license is still drying. I've probably forgotten more than you've ever learned. Do a search of my past posts, and you might get an education.
Just because you've been around the block doesn't mean you know it all. Wisdom comes from experience yes but what I know is facts. You may have more experience I give you that, however I can find individuals that have been in the industry for 20 years that are doing better than the ones that have been doing it for 30 years. If you're smart, you learn from your experiences, if you're wise then you leverage and learn from others.
That's what this forum is for, learning from others experience, however from your way of approaching I would not want to learn from you.
Be humble to learn and there are those who are willing to teach, you're just bragging about how long you have been licensed, like you said just cause you have a license doesn't mean you can drive or do what's best for the client.
That's what this forum is for, learning from others experience, however from your way of approaching I would not want to learn from you.
Be humble to learn and there are those who are willing to teach, you're just bragging about how long you have been licensed, like you said just cause you have a license doesn't mean you can drive or do what's best for the client.
- 11,273
"whatever".
(what a character.)
(what a character.)
- 384
DHK, what do you specialize in?
