RIA & Insurance
Mar 7, 2011 2:51 pm
This might have been covered before but I could not find it. How do RIA's deal with life insurance cases? Can you sell life insurance and collect a commission? Do you outsource this business?
Mar 7, 2011 5:05 pm
[quote=SuperMan]
This might have been covered before but I could not find it. How do RIA's deal with life insurance cases? Can you sell life insurance and collect a commission? Do you outsource this business?
[/quote]
The short answer is yes. It has to be disclosed on your ADV.
I know of RIA's who outsource Insurance biz, trying not to blur the line as fiduciaries. Others will gladly offer Insurance as they believe they are holistic in their offerings.
Source URL:https://www.wealthmanagement.com/forums/rias-independents/ria-insurance