Free Financial-Planning.com Site Registration

Sign-up for Financial-Planning.com today and take advantage of our exclusive member-only features. Free site registration entitles you to:

  • Free Online Content and Discussion Forums
  • Free Newsletters and Alerts
  • Free Online Seminars and Podcasts
  • Opportunity to earn Free CE Credits

NAPFA Teams Up to Offer Annuities to Members

By Jennifer Liptow
September 21, 2007
¦
Advertisement
The National Association of Personal Financial Advisors (NAPFA) in Arlington, Ill., has partnered with Minnesota-based Hueler Companies to offer its 1,700 members access to Hueler's immediate annuities platform. The offering, called Income Solutions, is an institutionally priced web-based annuity purchase platform for IRA rollover assets. Income Solutions was previously only available to individuals through retirement plan administrators and plan sponsors.

Starting at the end of September, NAPFA advisors can use the platform to request annuity quotes for their clients at lower-than-retail prices. Products on the platform can be customized and provide full fee disclosures. Options are offered by companies such as AIG Life, Hartford Life, Integrity Life, Mutual of Omaha, Principal Life and Prudential Insurance. At press time, Financial Planning had no information about how fee-only advisors would be compensated.

“It changed the way I view my practice.”

“It was conceptual and practical at the same time.”

“It got me thinking outside of my daily to-do list!”

Click here for more reader comments about AdvisorMax coaching sessions

Every month in Financial Planning

Don't miss Industry Insight
by Bob Veres