In reality, advisors would have little choice but to pass the costs on to their clients. The result? Many middle-market investors may no longer be able to afford professional financial services. Some advisors would retire or leave the industry rather than overhaul their business models. Others would be forced into requiring clients to pay up-front fees for services and eliminating other payment options.
Earn 12% of course tuition for local classes you sponsor and 6% for your NAIFA members participating in College classes!
The debate leading up to passage of H.R.5297 included two amendments--one to repeal and one to modify--the highly controversial reporting requirement (which was enacted into law earlier this year as part of the health reform law), but Senators failed to muster sufficient votes to pass either amendment.
The National Association of Insurance and Financial Advisors' (NAIFA) representative governing body, the National Council, has elected new officers and trustees at the 2010 NAIFA Career Conference and Annual Meeting, held in Seattle, Washington.
The NAIC Exchanges Subgroup Chairman has asked for member data on the volume of claims assistance provided by agents. Please help us fulfill this request by taking this quick survey and forwarding to your colleagues.
In comments submitted today to the Securities and Exchange Commission on the issues surrounding the Commission’s forthcoming study on the standards of care governing broker-dealers and investment advisers, the National Association of Insurance and Financial Advisors said its members have a history of serving their clients “ethically and in their best interests (to) ensure a vigorous level of investor protection that rivals any new standards that may be put in place.”
We couldn't agree more. Let's hope that Washington listens.
We couldn't agree more. Let's hope that Washington listens.