Thank you for your interest in reading the actual consent opinion an insurance agent signed after the IL Department of Securities found out that he sold a FIA where the source of funds to buy the annuity came from the sale of a security.
To download the actual Consent Order, click here and a PDF will pop up.
We believe that the State Securities Commissions will continue to pursue actions against non-securities licensed agents who are telling clients to move money from mutual funds, stocks, etc., into FIAs, EIULs, or other fixed instruments.
It is for this reason that from a compliance point of view we believe EVERY non-licensed agent should protect his/her ability to make a living by obtaining a Series 65.
POM Planning is a tactically based platform made up of several terrific 3rd party managers. It’s the best IAR platform to work with if you also use FIAs and IUL in your planning. To learn more, click here.
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If you are using Riskalyze, Hidden Levers, or other programs, you need to check out the OnPointe Risk program. It’s easier to use, much more powerful, deals better with FIAs and IULs and is less expensive (a tough combo to beat).
To learn more go to www.onpointeriskanalyzer.com.