Financial Industry Run Under Feudal System Says AZ Financial Advisor - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Get our newsletter
Order Prints
November 16, 2007
Share
Share
Post
Email

Financial Industry Run Under Feudal System Says AZ Financial Advisor

 

Scottsdale, AZ – November 14, 2007 – “The Financial Industry is run under the feudal system and I and other advisors are fed up with it,” Arizona Financial Advisor Jim Dew gives as the reason for creating the company 300 Financial, Inc.

On September 19th, 2007, 300 Financial, Inc. opened it’s doors nationally to advisors that agree.

“For years the advisor on the street has been doing all the work with the public; working after hours, putting solutions together, fulfilling all the administrative needs. We don’t mind it. We love helping people!

What we don’t appreciate is being treated exactly like the serfs were treated by the lords and kings back when the feudal system was in style. We do the work and the guys in the ivory tower harvest the wealth.

What we do mind is that a significant portion of our pay is siphoned off by Broker Dealers or wirehouses to fund their broker recruiting efforts or into compensation and bonuses for their executives.”

Jim Dew has put together a group of like minded advisors and created an advisory company owned by the advisors that work with the company instead of the classic model of a Broker Dealer being privately owned or owned by a large corporation.

The company is limiting owners to the first 300 advisors. More information may be obtained by going to www.300financial.com.

Jim Dew
President
300 Financial, Inc.
14362 N Frank Lloyd Wright Blvd.
Scottsdale, AZ 85260
[email protected]
Phone: 877-300-3011

Newer

Salvadore F. Farina, CLU®, CLF®, ChFC®, Named President of The American College Alumni Association

Advisor News

  • Trump targets ‘retirement gap’ with new executive order
  • Younger investors are engaged and advisors must adapt
  • Plugging the hidden budget leaks of retirement
  • Hagens Berman: Retired First Responders Sue Washington State over Rights to $3.3B Pension Funds Threatened by Lawmakers
  • Financially support your adult children without risking your future
More Advisor News

Annuity News

  • A new opportunity for advisors: Younger indexed annuity buyers
  • Most employers support embedding guaranteed lifetime income options into DC Plans
  • InspereX Partners with AuguStar Retirement for Strategic Expansion into Annuity Market
  • FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
  • Zinnia’s Zahara policy admin system adds FIA chassis to product library
More Annuity News

Health/Employee Benefits News

  • SchoolCare ordered to continue covering Dover school employees
  • Her husband died. Her fight for his Medicaid coverage continued
  • Mayo treated his cancer, but insurance denied coverage, leaving him with $76K in medical bills
  • Waterloo woman charged with using dead relative's Social Security payments
  • Nashville Attorney, Cody Allison, Invited to Present on Strafford National Panel as ERISA Disability Benefits Expert
More Health/Employee Benefits News

Life Insurance News

  • Ann Heiss
  • Convertible market dynamics and the portfolio implications for insurers
  • Finalists announced for Lincoln's 2026 Best Places to Work
  • Investors Heritage Promotes Anna Reynolds to Senior Vice President and General Counsel
  • AM Best Affirms Credit Ratings of Old Republic International Corporation’s Subsidiaries
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet