For more than 20 years, The Leaders Group has been the smart choice for industry-leading brokerage general agents. Our expertise and flexible approach make it easy to accommodate any unique business model or situation, and we pride ourselves on being accessible, knowledgeable, and easy to work with.
The Leaders Group is an independent broker-dealer, not owned or influenced by any insurance carrier, IMO, or outside organization. With weekly commission payouts, a smooth transition process, and dedicated customer service, we give you the freedom, support, and flexibility to run your business the way you always intended.
The Leaders Group has helped general agents facilitate the sale of variable life since 1994 and has been the #1 Broker-Dealer for VUL for seven years running.
Our compliance department has a business-friendly philosophy and understands the difference between wholesale and retail requirements. We operate a centralized office of supervisory jurisdiction (OSJ) at The Leaders Group, so we do not require any general agent to become an OSJ, freeing your time and resources for you to focus on your business. We have very competitive E&O policies available to general agents, if needed. Our cost and payout structure is extremely competitive.
The Leaders Group can assist general agents who want to recruit retail reps and have them more closely affiliated with their agency, and if you are involved in personal production, we can offer the most competitive combination of knowledge, compliance, commissions, and commitment to your practice.
The Leaders Group can accommodate financial advisors with a complete line of products and services tailored to independent insurance agents.
We help you build personal relationships with your clients that meet and anticipate their unique investment goals.
The Leaders Group offers:
- A comprehensive portfolio of technology that offers advisors access to increase efficiencies, satisfy the DOL fiduciary rule, and serve their clients with the latest in the financial technology sector.
- Access to a suite of products with a focus on insurance, including:
- Variable life
- Indexed and variable annuities
- Mutual funds
- And more…
- Customer service and compliance structure that take the unique structure and requirements of insurance business into account
The Leaders Group can serve as the supervising financial institution for insurance-only advisors, providing guidance, ease of compliance, and steady leadership in a changing, dynamic marketplace.
The new DOL ruling, with oversight beginning in 2017, will have an impact on nearly all financial advisors, particularly insurance-only advisors who are not securities licensed.
The new regulations expand the investment-advice fiduciary definition under the Employee Retirement Income Security Act of 1974 (ERISA), elevating all financial professionals who provide retirement planning advice to the level of a fiduciary. Advisors will now be bound legally and ethically to fiduciary standards and will be expected to have broader knowledge and expertise when providing investment advice, including knowledge of securities products outside the scope of an insurance license.
The Leaders Group offers a structured approach to the new Fiduciary Rule, helping insurance-only agents define their business to better meet their new fiduciary standard.
We provide fiduciary education, documentation to verify client processes, and a broad range of tools to assist brokers with financial product comparisons.