Annuity_newb
New Member
- 3
Hello All,
I am not an agent yet, but I've been considering getting my license for several years. I have several questions, but first, some background.
I worked for an FMO several years ago and have considered annuities to be a great tool for a long time. I am fairly well-versed in annuities from a marketing standpoint, but I've never been a producer.
A wealthy family member has been interested in annuities for awhile and has asked if I would sell them one when they retire so that they can have a great product and I get the commission.
Questions:
- Generally speaking, is it permissible to sell an annuity to immediate family members? Would there be any hurdles from a suitably standpoint or anything?
- After becoming licensed, what are the best ways to find an FMO that offers great products and incentives to agents? I really don't want to use my old company.
I am not an agent yet, but I've been considering getting my license for several years. I have several questions, but first, some background.
I worked for an FMO several years ago and have considered annuities to be a great tool for a long time. I am fairly well-versed in annuities from a marketing standpoint, but I've never been a producer.
A wealthy family member has been interested in annuities for awhile and has asked if I would sell them one when they retire so that they can have a great product and I get the commission.
Questions:
- Generally speaking, is it permissible to sell an annuity to immediate family members? Would there be any hurdles from a suitably standpoint or anything?
- After becoming licensed, what are the best ways to find an FMO that offers great products and incentives to agents? I really don't want to use my old company.