CONNECT WITH IFS:
(877) FIN - REPS.
750 Route 34, Suite 7
Matawan, NJ 07747 US
Brokerage GeneralAgency Model: |
The Independent Financial Solutions Model: |
Career General Agency Model: |
Agent is a broker only
Brokers are independent (does not have a non-compete) |
We allow for Agents and Brokers – both are Independent! NO NON COMPETE | Captive agents only
Agents have a non-compete |
Typically brokers cannot contact the home office | Our agents and brokers can contact home office | Agents can contact the home office |
Typically the agency has no exclusive underwriter nor staff assigned to them | Our agency has its own underwriters and staff | Agency does have its own underwriters and staff |
Commission is “Paid as Earned”
No Benefits / No Trips Typically no (term) renewals |
Annualization and/or Paid as Earned
Benefits/Trips/Renewals (including term) = yes |
Agents are annualized
Benefits/Trips/Renewals = Yes |
No office provided to work from – by the agency (nor carriers) | You can (if you want) work for free from our office! | Agents must work in the office, and for a cost |
Broker can place business with any carrier and/or agency | Work with us with any carrier | Agents must place business with one carrier and agency |
Broker can have their own DBA (Doing Business As)
Broker can have Outside Business Activities (OBA’s) Brokers must use own card cards |
Your own DBA is ok!
We allow Agents to have OBA’s Use your cards, ours, and/or our Carriers |
Typically No DBA’s allowed
Nor are OBA’s allowed You must use business cards of the Agency you work for with a Home office disclaimer/branding |
Broker works for themselves and by themselves | In business for yourself, not by yourself! | You are an Employee of the Agency and Carrier |
Securities and investment advisory services are offered soley through Ameritas Investment Corp. (AIC) Member FINRA/SIPC. AIC and Independent Financial Solutions, Inc. are not affiliated. Additional products and services may be available through Lawrence Sorace or Independent Financial Solutions, Inc. that are not offered through AIC.
IFS is licensed in many states with offices in New Jersey and New York.
Representatives of AIC do not provide tax or legal advise. Please consult your tax advisor or attorney regarding your situation.