Our Insurance Platform

Best Interest-Focused Insurance Solutions and Support

At Prosperity Capital Advisors, our best interest-focused insurance marketing organization (IMO) facilitates advanced product screening, selection, and support. This includes the following lines of fixed insurance products:

  • Fixed and indexed annuities
  • Single premium life insurance
  • Traditional life insurance
  • Asset-based long-term care products

We’re dedicated to implementing best-interest practices for institutions and advisors like you, as well as families nationwide.

Client-First Insurance Marketing

Our insurance platform’s defining characteristic is a client-first mentality. We differentiate ourselves by focusing on what’s in the client’s best interest rather than gross production and sales.

We help you incorporate our best-interest approach in case design, product selection, and insurance solution implementation as financial planning tools, helping mitigate risk for your clients in the process.

We’ve always been and will remain proactive by building, testing, and refining our award-winning processes years ahead of legislation. This results in powerful asset-gathering tools rather than clumsy, compliance-driven processes newly made to meet regulatory changes.

What You Get from Our Insurance Platform

Product Screening & Analysis

We conduct an objective, thorough, and analytical search of available products and providers to identify the best product fit for each case via our proprietary Best Interest Annuity Screening Process.

During this process, we regularly screen more than 200 annuities, providing you with a strong variety of products available for your clients’ needs and objectives.

We saw a clear need for a process like this in the industry. So, we built one to create an approved product shelf for you to recommend in your clients’ best interest.

The result is a systematic, functional business tool that helps ensure your recommended products are mathematically provable to be in clients’ best interest.

We streamline the annuity application process and policy servicing, designed to ensure a seamless experience from submission to issuance. Here’s how we do it:

  • Helping you obtain and complete annuity applications
  • Providing full review for good order and standard suitability items
  • Facilitating fast processing with insurance carriers
  • Conducting timely, tailored case follow-up services and communication
  • Offering high-level problem resolution
  • Assisting with a full range of in-force policy services (withdrawals, RMDs, beneficiary changes, client information changes, benefit election, death claims, and more)
  • Accessing a team of experienced annuity service professionals who can navigate any new, pending, or in-force policy scenario

Take advantage of customized case design and illustration support to present solutions that align with your clients’ financial goals:

  • Holistic custom case design using The Bucket Plan® Best Interest Process
  • Individual recommendations based on your client’s needs, goals, and concerns
  • Help with client illustrations
  • The Bucket Plan® holistic training and education

Our efficient licensing and contracting process ensures quick and compliant onboarding with the right carriers. We do that by offering the following:

  • Variety of carriers available for annuity, life, final expense, medical supplement, and funeral expense trust business
  • Designated staff members to assist in the onboarding and contracting process
  • License, carrier, and product training checks
  • Access to back-office websites to track business and obtain applications

Stay ahead of regulatory requirements with our compliance and supervision support, designed to protect both you and your clients through two routes:

  • Best interest standards and screening process
  • Initial product suitability review

Access professionally led training and ongoing support to confidently position insurance products that strengthen your clients’ financial strategies, including these:

  • Prosperity Screening Process Product Guide
  • Product guidance and illustrations
  • Recommended crediting strategy allocations

Why Work with Us?

The challenge many institutions face against evolving fiduciary legislation is how to develop a thorough and compliant planning process. Then, they have to field-test, revise, standardize, roll out, train, and monitor it while accepting the liability of each plan an affiliated advisor presents to their clients.

Fiduciary regulations, whether from the SEC, DOL, or state insurance commissioners, can change rapidly. If your organization assumes the liability of financial institution status, you’re responsible for overseeing your advisors’ compliance in meeting best interest standards. That’s a significant undertaking.

Prosperity Capital Advisors has been proactive in the fiduciary arena for years. That’s why financial institutions across the country see strong value in partnering with us. We help mitigate risk for institutions, advisors, and clients alike.

Book a call to discuss our insurance platform, insurance marketing solutions, and more.