NAIFA Members Offering More Services, Staying Commission-Based
March 5, 2019 by Susan Rupe
You don’t have to be wealthy to have an advisor, the results of an industry association membership survey showed.
The National Association of Insurance and Financial Advisors conducted its first comprehensive membership survey in nearly a decade. Among the findings are that members are offering more products and services than ever before, while still receiving the bulk of their income from commissions instead of fees.
The NAIFA survey was conducted at the end of 2018. The survey focused on who members are, the services they provide, the clients they serve and how they are compensated.
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