CONNECT WITH IFS:
(877) FIN - REPS.
750 Route 34, Suite 7
Matawan, NJ 07747 US
The IFS Difference
Experience the best of both worlds!
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 |
