• Peter C. Ciravolo

Insurance Myth #2

This should be pretty obvious (especially if you've followed us the last 1.5+ years!), but it’s worth saying: this is a myth!

The terms fiduciary and fee-only are not the same. You can absolutely do what is in your client’s best interest and be a fiduciary to that client while still selling them insurance. But that doesn’t mean you can call yourself fee-only.

By definition being fee-only means you can’t be earning commissions -- and you can’t be in a position where you could earn commissions. Insurance compensation is based completely on commissions.

#feeonly #fiduciaries #theBCway

How can we help or be of service to you?

How can BC Brokerage help with your work load?

Whether you have annual client reviews or a new client onboarding, be sure to take advantage of our secure policy upload and analysis feature on our website. Go to our website, bc-brokerage.com to start the process today.

We will return all policy analysis within 24 business hours!

16 views0 comments

Recent Posts

See All