Many clients are scared, nervous and simply filled with anxiety over their portfolios, said Anders Smith, national sales consultant with Delaware Life Insurance Company. “During times like these, unfortunately, our jobs as financial professionals become a lot harder,” Smith said.
Financial professionals are the link to protect clients and their families in the event that they are too sick or too hurt to go to work.
The U.S. markets will remain open while the country battles to control the spreading COVID-19 virus, Treasury Secretary Steven Mnuchin said Thursday. He responded to a smattering of calls for the battered markets to take at least brief holiday.
In light of the recent market and interest rate volatility, it’s important to take a moment and reinforce why annuities are sold in uncertain economic times.
Take care of yourself – and those around you – during and after the COVID-19 crisis.
n the past, logistical and legal issues hindered advisors who wanted to work with high-income international clients – that is, noncitizen, nonresident clients – investing in the U.S., but recent changes have opened up this significant potential market to American agents.
With President Donald Trump expected to sign a $2 trillion economic rescue package this week, advisors and clients have a lifeline to recalibrate financial plans. The legislation steers aid to businesses, workers and health care systems engulfed by the coronavirus pandemic.
Technology enables advisors to keep their practices humming and continue serving their clients in the midst of the COVID-19 crisis, said an advisor from Tennessee who described what he is doing now that social distancing has required him to work from home.
The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote Wednesday came despite misgivings on both sides.
Advisors can choose not to participate in the negativity stemming from the COVID-19 pandemic, a retirement income specialist and author told members of the National Association of Insurance and Financial Advisors.
Clients are “looking for a port in a storm” in the midst of the COVID-19 crisis, and are looking for advisors to be the community of leaders they can count on. That was the word from Jill Judd, former president of the National Association of Insurance and Financial Advisors.
People spend most of their college career refining networking skills, perfecting their resume, and completing mock interviews. But once they start their career, professional development can take a back seat to day-to-day work and life responsibilities.
In a new lawsuit filed in North Carolina, Greg Lindberg accuses Insurance Commissioner Mike Causey — who wore a wire and cooperated with the FBI — of “abuse of power and breach of the public trust.” Lindberg was convicted on bribery charges March 5.
In today’s environment, it’s easy to live in a state of panic and fear. Especially when you continually hear “Dow down 2000 points,” “We are in a recession,” “stimulus package,” “rising cases and deaths.” But focusing on the things you know will help you guide your clients out of this uncertain economic and political time.
Clients want human interaction in this time of social isolation, and they need to have their advisors communicate with them. Brock Jolly, financial advisor at Veritas Financial, shared some tips for communicating with clients during a webinar held Monday for members of the National Association of Insurance and Financial Advisors.
Why a health savings account is the ideal tool to help individuals pay for health care and provide financial wellness support in times of uncertainty.
Doug Wheeler has built his insurance and annuity business around caring for his clients, so serving them well in a time of COVID-19 crisis comes naturally.
Life insurance sales were very strong in 2019, according to Wink’s Sales & Market Report, with indexed life sales smashing records. Indexed life sales for the fourth quarter were $725.1 million, up 30.8% when compared with the previous quarter, and up 14.6% as compared to the same period last year.
Total insurance industry merger-and-acquisition deals in the fourth quarter 2019 totaled $11.43 billion in the U.S., according to GlobalData’s deals database. The value marked an increase of 174% over the previous quarter.
