Why might my stockbroker or financial planner object to an AnnuiSafe fixed annuity?
There are many ‘reasons’, but the most frequent is potential loss of ongoing commissions for them. Also, many financial planners attempt to promote the ‘under one roof’ philosophy, whereby investors are encouraged to get all their guidance regarding their money from one source – their financial planner or stockbroker. We have observed this from time to time in face to face meetings with potential clients, with the refrain from the potential client sounding something like this: “It’s just easier and simpler doing business in one place.” It may feel that way to some, but we assure you that this type of thinking can be very costly to your estate. In the real world, many planners/brokers/agents know how to gouge their clients once trust is established. It’s truly sad, and it cost California retirees billions. A stockbroker or financial planner who truly cares about her clients will encourage the purchase of an AnnuiSafe fixed annuity once they understand that we are a safety ratings based
