Benefits of the new partnership include the addition of advisory solutions like the Nationwide Monument Advisor IOVA to RetireOne’s fiduciary marketplace of insurance and annuity solutions and expanded distribution opportunities for Nationwide SAN FRANCISCO – December 15, 2022 –RetireOne®, the leading independent platform for fee-based insurance solutions, and industry leader Nationwide are teaming up to...Continue Reading
Are the Assumptions in Morningstar’s Report Valid? In a recent report, data and research firm Morningstar concluded annuities aren’t meaningfully useful to 95% of affluent investors. A report that casts doubt on the value of an entire class of insurance products will inevitably get a response, which is where finance writer Oisín Breen comes in....Continue Reading
Team growth and restructuring to help the outsourced insurance desk meet needs of fast-expanding marketplace SAN FRANCISCO – December 1, 2022 – RetireOne®, the leading independent platform for fee-based insurance solutions, today announced that it has promoted three individuals to senior leadership roles and expanded its Advisor Solutions team. This strategic restructuring comes at a...Continue Reading
What are advisors really worried about? A recent ThinkAdvisor piece about the LIFE Act was framed as a debate between Robert Bloink (pro) and William H. Byrnes (con), both professors and co-authors of reference book Tax Facts. For those unfamiliar, the core issue that advisors seem to be anxious about is the LIFE Act’s allowance...Continue Reading
Can advisors afford to just be portfolio managers? RetireOne President Ed Mercier recently appeared with Mark Colaço of Dimensional Fund Advisors on Robert Huebscher’s Gaining Perspective Podcast to discuss the future of financial advice, and the role insurance might play in it. In the podcast, Ed and Mark talked about each company’s respective survey data,...Continue Reading
Are advisors doing enough to allay client fears? RetireOne recently conducted a joint survey with Midland National Life Insurance to better understand the landscape of retirement planning. You can check out the executive summary, but one of the key takeaways is that clients are concerned about outliving their retirement savings (82%) due to a wide...Continue Reading
Oisin Breen quoted RetireOne CEO and co-founder David Stone in an RIABiz article about Baltimore-based RIA firm Facet Wealth forging a formal vendor relationship with Policygenius.com. In Breen’s view the deal may have come at just the right time for the struggling digital insurance broker. Stone had this to say: “[It’s] a great move …...Continue Reading
Can they become a $100B Industry? We sure think so! Michelle Richter, executive director of the Institutional Retirement Income Council, recently wrote a pair of articles for Advisor Perspectives on contingent deferred annuities entitled “Guaranteed Income for Life.” In the first article, “Can Contingent Deferred Annuities Become a $100B Industry?” Richter examines why Americans don’t...Continue Reading
Teaching clients to embrace risk We like to think we make rational decisions based on the information available. But in truth, our brains use cognitive biases — psychologists call them “heuristics”— to make decisions more efficiently. And while we try to consider all the information available to us, we tend to employ the information we...Continue Reading
RetireOne and Midland National’s latest survey shows financial advisors believe they have the necessary tools and strategies to protect clients’ retirement savings, yet many appear to rely on increasingly outdated methods SAN FRANCISCO – August 24th, 2022 – RetireOne®, the leading independent platform for fee-based insurance solutions, and Midland National Life Insurance Company (Midland National),...Continue Reading
