Finance for Physicians

5 Signs You're Working With An Insurance Agent Posing As An Advisor

Listen Later

Insurance agents posing as advisors is more common than you may realize and can create conflicts of interest. The key is having better awareness. Don’t get fooled again! 

In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about five ways to identify whether you are working with an insurance person who is posing as a financial advisor.

Topics Discussed:
  • Sign #1: Aggressive posers seek you out after making contact or via referrals
  • Sign #2: Posers offer you free or low-cost financial “advice”
  • Sign #3: Posers act as trusted advisors; don’t refer to themselves as salespeople
  • Sign #4: Advice and product solutions offered by posers are similar across clients
  • Sign #5: Agents posing as advisors make it difficult to leave them/their products
    • Links:

    BrokerCheck

    National Association of Insurance Commissioners (NAIC) - State Based Systems

    How Conflicts Of Interest Muddy the Financial Advice Waters with Donovan Sanchez

    Contact Finance for Physicians

    Finance for Physicians

    ...more
    View all episodesView all episodes
    Download on the App Store
    Finance for PhysiciansBy Daniel Wrenne
    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    39 ratings

    More shows like Finance for Physicians

    View all
    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,582 Listeners

    Money Guy Show by Brian Preston and Bo Hanson

    Money Guy Show

    3,260 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    805 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,315 Listeners

    ChooseFI by ChooseFI

    ChooseFI

    5,166 Listeners

    White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

    White Coat Investor Podcast

    2,460 Listeners

    Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

    Stay Wealthy Retirement Podcast

    677 Listeners

    BiggerPockets Money Podcast by BiggerPockets

    BiggerPockets Money Podcast

    3,093 Listeners

    Bogleheads On Investing Podcast by bogleheads

    Bogleheads On Investing Podcast

    612 Listeners

    Sound Investing by Paul Merriman

    Sound Investing

    346 Listeners

    Money Meets Medicine by Doctor Podcast Network, Jimmy Turner MD

    Money Meets Medicine

    227 Listeners

    The Personal Finance Podcast by Andrew Giancola

    The Personal Finance Podcast

    1,418 Listeners

    The Rob Berger Show by Rob Berger

    The Rob Berger Show

    204 Listeners

    Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

    Personal Finance for Long-Term Investors - The Best Interest

    156 Listeners

    Retirement Planning Education, with Andy Panko by Andy Panko

    Retirement Planning Education, with Andy Panko

    1,067 Listeners