• Peter C. Ciravolo

Insurance Myth #1

In order to be fee-only, you and all related parties including the firm that you work for must be fee-only. This means that no commissions can ever be earned or received.

If you’re attached to a broker/dealer, that company is able to earn commissions. You cannot call yourself fee-only because of that relationship. This is the case whether your RIA is fee-only or not.

#fee-only #insurance101 #theBCway

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