CFP Board Launches An Endowed Scholarship For Women
The CFP Board’s Center for Financial Planning in Washington, D.C., has launched an endowed scholarship program for women aspiring to become CFPs.
The center launched its Women’s Initiative in 2013. In recognition of the program’s 10th anniversary, the center has announced the WIN Endowed Scholarship program to fund the education of a new generation of women aspiring to become CFP-certified.
The program will award up to $5,000 to each qualified applicant seeking to complete an undergraduate-level or certificate-level CFP Board-registered program. Upon completing the required education coursework, scholarship recipients will be eligible to take the CFP exam and pursue the next steps to attain certification.
The center is raising $250,000 for the WIN Endowed Scholarship program before issuing awards. Individuals and firms interested in supporting the endowed scholarship should contact Institutional Giving Officer Dan Limbago via email at [email protected] or by phone at (202) 864-5250. Further information about the WIN Endowed Scholarship is available at CFP.net/Scholarships.
Elements Adds Money-Back Guarantee To Business Development Tool
Elements, a Salt Lake City-based maker of business development financial software for advisors, is now offering a money-back guarantee.
The Elements Growth Method is a 90-day program designed to convert prospective clients into paying ones. It consists of one-on-one training with a member of the Elements team and weekly cohort-based training with other growth-minded advisors, who learn how to use the Elements Scorecard as an assessment tool.
Elements also created an intuitive mobile app for the solution that enables clients to easily input their financial data, which lays the groundwork for financial advisors to engage them in more targeted conversations.
Under the company’s new money-back guarantee, advisors who fail to add at least one new client within 90 days of implementing the Elements Growth Method will be entitled to a refund.
For more information about Elements or to book a demo, visit the Elements website at www.getelements.com.
RetireOne Adds Corebridge Fixed-Index Annuities To Platform
RetireOne, an insurance solution platform headquartered in San Francisco, has signed a deal to offer two fixed-index annuities to its platform that will be managed by Houston-based Corebridge Financial, formerly AIG Life & Retirement.
Both annuities offer income benefits. The Power Index Advisory annuity offers growth opportunities while protecting the annuity holder’s principal investment during unstable markets. It has two lifetime income options.
The Assured Edge Advisory product provides a road map to a client’s potential income, while also offering the flexibility to change along with an individual’s personal circumstances. Future income increases every year until the lifetime income benefit starts.
Visit RetireOne.com for further information.
Advisor Check Debuts Online Database Of FAs
AdvisorCheck.com, headquartered in Englewood Cliffs, N.J., has launched an online database containing public profiles of 1,286,985 financial advisors for consumer use.
Investors, consumers, and financial advisors alike will be able to use the site to research an advisor’s biography, their completion of exams, licenses, credentials, years of experience, detailed work history, disclosures and other essential information. Additional data points may be added in the future, such as verified investor reviews of financial advisors.
The platform also offers members access to its comparison tool, which streamlines the process of selecting a financial advisor. It compares up to three advisors at a time through line-by-line comparisons such as languages spoken, services offered, and fees and costs.
A complimentary AdvisorCheck membership can be created at AdvisorCheck.com/signup. For a fee, the company also offers AdvisorCheck+, which displays any issues such as advisor arrests, bankruptcies or sex offender records, among other things.
For more information please visit: https://www.advisorcheck.com. Financial advisors can claim their profile by emailing [email protected].
Insure.com Posts Marijuana User’s Guide To Life Insurance
Insure.com, an online insurance marketplace headquartered in Foster City, Calif., has released an online guide for marijuana users looking to buy life insurance.
Although a majority of states nationwide have legalized either medical marijuana or its recreational use, Insure.com says that because it is still illegal under federal law, many life insurance companies (though not all) still rate its use as high risk. To level the playing field, Insure.com has published this life insurance guide so users can find the most affordable plan for their needs.
The guide describes the conditions that may impact life insurance rates, even if an insurance company is open to offering more competitive pricing. Just like tobacco use, the amount, frequency, and method of marijuana use can affect insurance rates, as can any underlying medical reason for taking it.