Recent jury verdict stemming from a 2010 fire incident proves a cautionary tale about the necessity of advising clients to secure adequate coverage.
Suitability remains an issue of concern for financial services regulators. Even though regulatory bodies have promulgated tighter regimens for assuring suitable sales, especially to seniors, ... Read more
Life and health and property-casualty insurance agents (and investment advisors) arguably are in business to serve their customers. Despite this universal truth, too many view ... Read more
I’ve often said the vast majority of financial advisors are ethical and would no sooner rip off Grandma or Grandpa than lop off their own ... Read more
It’s been several years now since Glenn Neasham, a California financial advisor, was arrested and convicted of selling an annuity to a woman who was later ... Read more
As a financial advisor, you’ve no doubt made your fair share of mistakes. And hopefully you’ve apologized to your client(s) afterward and promised to make ... Read more
As a financial advisor, you probably know a great deal about insurance. Consequently, you understand why life and health insurers must exclude certain losses in ... Read more
Do you sell a lot of variable annuities? Then you surely know they attract regulatory scrutiny like magnets pick up metal shavings. The good news ... Read more