The topics of brokers help and compensation are discussed at
length in recent months. In late December this debate was warmed up when John
Dyer, a settlement planning consultant from 4structures.com, LLC went on
head headed by Ronda Bentzen, a structured brokerage factoring intermediary
a business like Bentzen Financial Solutions.
The debate between Dyer and Bensen revolves around whether or not he is
acceptable to you as a settlement planning consultant
refer customers to a factoring company. I will have to agree with this topic
Bensen that it is not unhealthy, by itself, for a structured settlement plan
charges for such a fee.
My thinking about this is as follows.
Similar to Bentzen, I am on both sides. I was a sales for life and annuity
agent for four years. I have created countless annuities for my clients and for
the occasion when their financial positions changed
exit from their annuity. This was often enough for what I found out
structured settlement, factoring, and eventually my orientation changes
when I started with the Sovereign Financial Group in 2002.
First as an insurance agent and annuity and now in a structured
settlement factoring business, I always put the best interest of my customers
first I think it is reasonable for a structured settlement plan either
insurance and annuity
professional help for clients when looking for renowned factoring
company and helping with sales details.
Where I disagree with Bentzen is when it will be announced in December 21, 2007
post that "… The referral fee ultimately saves the ratings and comes out
from my pocket. "That statement is simply untrue. Contrary to any claim, any
The fee is added to the best available price
the client market.
In light of the recent controversy, I think it is important to provide
some guidelines for structured settlement plans and for the annuity company
representatives who want to know your customers
Serving their needs, they are the most money for their annuity
the fastest, most professional service.
1. There are many situations where structural alignment can no longer be
suitable for your customer. Times change. Your client's assets must be flexible
to overcome these changes.
2. You have taken care to design a structured settlement
suits your client's needs. Factoring that you advise on
selling an annuity to your client:
(s) is selling properly in the conditions, and if so, compliment the
payments must be sold;
(b) what is the best price for these payments;
(c) which is the most complete court process to complete the sale?
3. Every sale requires courtesy of the best interest test
annuity and all dependents.
4. Purchase price and level of service
companies. Just as you get competitive quotes for structured settlement
annuities, you should receive at least two quotes from a competing factoring
5. Your customer will usually get more money and better service if you are
Consult a factoring company that specializes in the field of insurance and has
claims or an intermediary who has no control over the transfer or financing
6. You should follow the average time of factoring
choose to complete the transfer process and disperse your client's assets.
The benchmark is six to eight weeks. Unexplained delays over eight weeks will
cost your customer money.
7. During the transfer process, the factoring company should keep you well
your client is informed about the benchmarks and is proactive in resolving legal requirements
problems that may arise.
8. In case your customer decides to sell only partial payments, be
carefully that your customer does not agree to sell all payments
factoring company back to your customer.
Service arrangements can jeopardize your client's recourse
annuity publisher Further, your client can not be
if they are serviced by
9. It is acceptable for you
help your customers and referrals to a reputable factoring company. You
decides. However, contrary to some of the claims made in blogs, any fee you charge
will affect the best price available to your customer. You need to be careful
your fee is reasonable in all circumstances.
The Sovereignty Financing Group is specialized in the purchase of structured settlements
6 years. We offer brokers for plaintiffs:
1. The benefits of six years of experience in annuity insurance
and internal legal expertise
2. The most money for annuities to your client with the request of our investors
to compete with each other.
3. The fastest service with a guarantee on your customer price bid within two
hours of contact and sales documentation.
Compare our price and level of service
contact you. Contact David Springer at 877-836-4661.