Independent Financial Solutions, Inc. (IFS) opened its doors in 2008 in Wall, New Jersey. Initially started as a Brokerage General Agency on an independent platform, offering brokers access to top Insurance, Annuity companies and their products.
Our founder, Greg Napolitano, started his career as an agent at a captive agency (carrier). He found that he could not properly provide solutions for all of his client’s needs in this model, thus a solid financial strategy could not be implemented with such limited products. With this in mind, Greg moved on and founded Independent Financial Solutions, Inc.
The brokerage model allowed our brokers to fulfill their client’s goals and objectives. Greg found that many of the brokers were operating as agents of Independent Financial Solutions. Our agents were working with us to custom tailor their cases while having access to virtually any and all products needed. In addition, our agents had the assistance of an experienced support staff to help them from the beginning through the implementation and placement of their cases, while receiving high compensation rates.
Up until then agents were typically either an independent broker or a full time captive agent. The broker received no annualization, no fringe benefits and typically worked from home while not truly being part of any organization.
The agent was captive – had to be part of the organization, pay fees for the privilege, did not own their clients (had a non-compete) and had to sell what was in the best interest of their carrier, not their client.
Greg transformed what he did not like about a Captive Agency and what he did not like about a Brokerage Agency and created an agency model that he and others had always wanted. An agency where the agents were independent, while being housed, annualized, receiving benefits, rewards and bonuses to name some key features.
As our agency grew it garnished the attention of some large carriers looking to have our agency associated with them. They admired our steady growth, our platform, our mission statement and our success. After some time Greg decided the best path for IFS and its agents was to partner with Ameritas.
Presently IFS is one of the largest Ameritas agencies in overall production and man power, and growing….
Thanks to its independent agents, IFS was in the top 5 overall Conference Credits the last 3 years. (2012, 2013 & 2014).
The agents of IFS now have the best of both worlds. An independent agency structure with outstanding support, fringe benefits and the backing of one of the country’s oldest mutual insurance carriers, Ameritas.
In April of 2014, our agency moved from its original location of Wall, New Jersey to a larger office in Matawan, New Jersey. With several offices throughout the tri-state area, we are in a position to grow.
After being in business for 7 years, we are now focused on the next 5 years – the year 2020. Our focus is clear and our future is now in sight.
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