Grow Your Business by Focusing on Others Business Networking International (or BNI), a networking organization with more than 3700 chapters in the United States alone, has a motto: “Givers Gain.” The basic principle is that, when you approach networking from the perspective of what it can do for you, you’re unlikely to get much out...Continue Reading
The origin story This year marks the 10-year anniversary of Simplicity OID. The company has a storied history, full of ups and downs, tough times and perseverance and rewards. Several people still with Simplicity OID were here when it started. I’m not one of those people. I’m one of Simplicity OID’s newest employees, so when...Continue Reading
We aim to provide advisors and their clients valuable retirement solutions that are simple to use, easy to understand, and delivered with outstanding service. As the advisory landscape changes, our fiduciary insurance platform evolves to meet those changing needs with top-notch service and innovative solutions. The latest additions to the Simplicity OID platform in the...Continue Reading
What are advisors really worried about? A recent ThinkAdvisor piece about the LIFE Act was framed as a debate between Robert Bloink (pro) and William H. Byrnes (con), both professors and co-authors of reference book Tax Facts. For those unfamiliar, the core issue that advisors seem to be anxious about is the LIFE Act’s allowance...Continue Reading
Insurance and annuities play an important role in financial plans. But advising on them requires the appropriate liceneses and registrations. For RIAs, an OID can be the conduit for accessing zero-commission annuity and insurance solutions for clients. When talking to clients or other parties about their work, most financial advisors tend to lead with wealth...Continue Reading
San Francisco, CA – November 16, 2023 – Luma Financial Technologies (“Luma”), an award-winning global independent alternative investment platform, announced today their partnership with Simplicity OID®, the leading independent platform for fee-based insurance solutions. Luma’s innovative platform will now integrate Simplicity OID’s fiduciary marketplace of commission-free annuity and insurance solutions, providing non-insurance licensed Registered Investment...Continue Reading
To serve the growing fiduciary movement, a relatively new service model has sprung up: Outsourced Insurance Desks (OIDs). OIDs help RIA firms broaden their holistic offerings to include annuities and insurance regardless of whether the IARs at the firm are insurance licensed or registered with FINRA. They also help RIA firms manage risk in two...Continue Reading
Impacts of inflation, geopolitical instability, and healthcare costs on retirement portfolios may be fueling client curiosity about how to protect income in retirement. San Francisco, CA – September 27, 2023 – Simplicity OID, the leading independent platform for fee-based insurance solutions, in partnership with Allianz Life Insurance Company of North America (Allianz) released their joint...Continue Reading
As “Peak 65” approaches, client concerns over retirement may be fueling curiosity about how to protect income in retirement Inflation, geopolitical instability, and rising healthcare costs continue to have significant impacts on those in or approaching retirement, and RIAs say clients are understandably nervous. According to our joint Simplicity OID and Allianz 2023 RIA Protected...Continue Reading
Advisor Needs Simplicity OID focuses on three primary advisor needs: More Assets, More Time, Less Risk. These are simple, easy-to-understand needs that most advisors can identify with. Advisors want more assets because that translates directly into more money in their business and in their pockets. They want more time because their time is precious, and...Continue Reading
