RIA & Insurance
2 RepliesJump to last post
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?
[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.