Jun 17, 2022
9:17:24pm
9:17:24pm
What is your commission rate on selling whole life. The advice that is good
whether you know the person or not is this:
Never take financial advice from someone that is selling the product they recommend or getting a commission, referral fee, etc.
This is simply common sense. When you want financial advice, the last thing you need is a sales pitch.
There are financial advisors that just advise and sell nothing. Yes. You pay for that advice. OTOH - free advice costs way more in the end.
Never take financial advice from someone that is selling the product they recommend or getting a commission, referral fee, etc.
This is simply common sense. When you want financial advice, the last thing you need is a sales pitch.
There are financial advisors that just advise and sell nothing. Yes. You pay for that advice. OTOH - free advice costs way more in the end.
- Bio page
- Cougarbib
- Joined
- Jul 28, 2003
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- Sep 20, 2024
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- 40,950 (111 FO)
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6/17/22 5:01pm
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6/17/22 5:01pm
I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
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6/17/22 5:18pm
6/17/22 6:46pm
Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
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The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
6/18/22 10:22pm
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I'm still interested to learn your response to the several questions on this thread about whether an agent acts as a
6/19/22 9:28am
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