Fee-based solution is offered in 3-, 5-, or 7-year duration To help meet growing demand among RIAs, our partners at Midland National Life Insurance Company (Midland National) launched a new Multi-Year Guarantee Annuity (MYGA) named Oak ADVantageSM. This new advisory MYGA has been designed specifically with RIAs in mind and is available on the RetireOne...Continue Reading
Grow Your Business by Focusing on Others Business Networking International (or BNI), a networking organization with more than 3700 chapters in the United States alone, has a motto: “Givers Gain.” The basic principle is that, when you approach networking from the perspective of what it can do for you, you’re unlikely to get much out...Continue Reading
Midwest Holding subsidiary American Life has launched their first-ever Multi-Year Guaranteed Annuity (MYGA) for the RIA market. American Life consulted with financial advisors about the kinds of annuity products they want access to, and they identified a “fast-growing demand for MYGA products tailored to Registered Investment Advisors and their clients.” This new fee-based MYGA is...Continue Reading
Thank You, RIAs Trending Up, How Annuities Move, Speaking of OIDs, RIA PARIS, and The Future—Unbundled It’s happening. Maybe not as quickly as some are expecting, but it is happening. More folks are going RIA, as fewer are joining the ranks of FINRA-registered broker-dealers. It’s not just about how advisors choose to structure their businesses....Continue Reading
The California Insurance Commissioner fined Jefferson National Life (owned by Nationwide) after an 86-year-old contract owner claimed that she didn’t understand the variable annuity that her Investment Advisor Representative had recommended. In a recent Retirement Income Journal article, Publisher Kerry Pechter covers the news out of California regarding the settlement of a complaint against Jefferson...Continue Reading
Brood X + the Mystery of Pi, Why Fiduciaries Can’t Ignore Annuities, New Fixed Index Annuity Tool, Pacific Life and the PIP, Wealthies Finalists When the ground temperature reached 65 degrees in May, brood x cicada nymphs dug themselves out of their 17-year subterranean homes to molt, drum up an unholy racket, mate, hatch, and...Continue Reading
Nomination is for “Back Office Data Integrations” in the Insurance Fintech category WealthManagement.com announced that RetireOne is a finalist for their 2021 industry awards. Nominated for our “RIA Annuity Back Office Data Integrations” in the insurance fintech category, RetireOne is among 221 finalists selected from among more than 900 nominations. Great work, everyone! Time to...Continue Reading
More Stimulus, Anticipated Biden Tax Changes, New Pac Life VA w/Fee-Friendly Riders, Advisor Portal, ESG Index Addition, How we Got StreetCred, and Saying “Goodbye” to a North Beach Legend As we thaw from our long pandemic winter, newly minted President Joe Biden’s ambitious policies, or the hints thereof, have begun to take shape. Will his...Continue Reading
RetireOne News and Notes – 4th Quarter – 2020 Surviving 2020, Introducing IndexMax ADVSM, Advisor Collaboration Lab Thank You, New Advisor Portal, Retire One: Peas and Mushrooms, and Bearing Witness We are in this liminal space now as we await the restoration of some normalcy to the planet. November announcements of the remarkable efficacy of the...Continue Reading
Wanna Feel Old?, FPA Academic Paper Finalists, RIAs Open to Annuities, New IOVA from Protective, Pac Life Partnership, and a Reckoning in Louisville More than three quarters over and no amount of EMDR seems capable of healing the 2020 trauma. At least the last quarter gave us NBA basketball in the bubble and fan-less major...Continue Reading
