Fee-Only Annuities: Will They Be a Game-Changer for Clients, Advisors, And An Industry?
May 24, 2021 by Matt Meyer
Financial advisors have long had a love-hate relationship with annuities. Some advisors love them and use them regularly with clients, while others hate them and cringe when they are suggested.
The irony of these extremes is that one side fuels the other. Some advisors sell annuities to anyone. This approach paired with high commissions has left a bad taste in the mouth of other advisors, giving them the reassurance that annuities are no good.