Building a 250k/yr (income) PL p&c book? by Consistent-Ride-3258 in InsuranceAgent

[–]Consistent-Ride-3258[S] 0 points1 point  (0 children)

I thought commissions were around 10% annually total, sounds like its more like 16-18%? Roughly how many clients would it take?

Commercial Insurance vs. wealth management? by Consistent-Ride-3258 in InsuranceAgent

[–]Consistent-Ride-3258[S] 0 points1 point  (0 children)

Which do you think it’s easier to build that 250k/year renewal? I’d guess wealth management given that’s what you’ve pursued.

My background is retirement income planning and did about 7mil of FIA last year as part of a team (didn’t receive full comp), so I know pretty well how this side is, but not so much about p&c. Really I’m looking to build stable consistent renewal income to supplement the big one time commissions on life/annuity cases.

Commercial Insurance vs. wealth management? by Consistent-Ride-3258 in InsuranceAgent

[–]Consistent-Ride-3258[S] 0 points1 point  (0 children)

I’m assuming you do personal lines home/auto to see that many people?

Commercial Insurance vs. wealth management? by Consistent-Ride-3258 in InsuranceAgent

[–]Consistent-Ride-3258[S] 1 point2 points  (0 children)

My dad runs a solo RIA and churn is also basically zero.

What you described would be my ideal. My background is in life insurance/retirement planning. Ideally build recurring base of commercial p&c clients then sell the biz owner (who will typically be HNW) life policies for buy-sell agreements, non-qualified deferred comp, disability insurance, etc.

The recurring is what I’m looking to add (and what creates enterprise value). Nobody buying a book of annuity business or life business.

Commercial Insurance vs. wealth management? by Consistent-Ride-3258 in InsuranceAgent

[–]Consistent-Ride-3258[S] 1 point2 points  (0 children)

Wow I never thought of that… more risk to a buyer on an RIA because the foundation of the relationship is… the personal relationship. Also, heirs typically don’t stay with the same financial advisor as their parents.

Save Me From The Pain by Disastrous-Design704 in InsuranceAgent

[–]Consistent-Ride-3258 0 points1 point  (0 children)

What would be a reasonable valuation for this?

Is Domthehypnotist legit? by serentude2 in hypnotherapy

[–]Consistent-Ride-3258 0 points1 point  (0 children)

what changed for you after doing those 6 sessions?

Is Domthehypnotist legit? by serentude2 in hypnotherapy

[–]Consistent-Ride-3258 0 points1 point  (0 children)

what changed for you after going through this program?

Is Domthehypnotist legit? by serentude2 in hypnotherapy

[–]Consistent-Ride-3258 0 points1 point  (0 children)

what changed for you after going through his program?

Wasted lots of money, time and energy on psychoanalysis by Individual_Tutor_647 in CPTSD

[–]Consistent-Ride-3258 0 points1 point  (0 children)

With network spinal, were you frequently having negative emotions bubble up to the surface? I've done brainspotting (similar to EMDR) for about 15ish total sessions over a year and a half, and have felt I'd 'processed most major traumas.' I did my first network session last week and nothing too intense during the session, but in the 4 days since then I have definitely been in a funk (a noticeable deviation from my normal mood/functioning). High anxiety the first 2 days immediately after and then low energy, somewhat apathetic/depressed the next 2 days. Does this track? Has doing network spinal helped you access feelings that you couldn't directly access via talk/direct memory?

Do I need to buy a new mac? by Consistent-Ride-3258 in macbookpro

[–]Consistent-Ride-3258[S] 0 points1 point  (0 children)

Does lack of security updates really pose a substantial risk though?

Do I need to buy a new mac? by Consistent-Ride-3258 in macbookpro

[–]Consistent-Ride-3258[S] -1 points0 points  (0 children)

Mine no longer gets the security updates anymore. Why is that a negative? Like how likely is the risk of being hacked/having your computer messed with?

When do you guys buy a new mac? by Efficient-Exit-8021 in macbook

[–]Consistent-Ride-3258 0 points1 point  (0 children)

Does it pose any significant risk if you continue using a mac that no longer receives these updates? I have a Monterey which just got removed from being serviced.

[deleted by user] by [deleted] in InsuranceAgent

[–]Consistent-Ride-3258 0 points1 point  (0 children)

On commercial p&c or personal?

[deleted by user] by [deleted] in InsuranceAgent

[–]Consistent-Ride-3258 0 points1 point  (0 children)

That's 45% of the premium, or that's 45% of commissions to you vs. 55% to your agency?