Should I walk away from this financial advisor.
I have a profession that requires me to get disability insurance. One of my colleagues recommended a financial advisor who also works with insurance.
Their website states: “[Company name] is not registered in any state or with the U.S. Securities and Exchange Commission as a Registered Investment Advisor.”
Additionally, the advisor tried to sell me whole life insurance, emphasizing how it’s a great investment for my future.
They also know how much my disability insurance would cost, but they insist on presenting it to me over a Zoom meeting instead of providing the information over the phone. This presentation would take an hour of my time, which feels unnecessary.
Edit: they also commission based not flat rate.