Indexed Annuity Sales Increase in 2009 - Over $234 billion in Annuities Issued!

In a recent study by LIMRA, over $24.9 billion in indexed annuities were issued in 2009, an increase of over 9% from 2008. In the same study, variable annuity sales were also up over the last 6 months of 2009, up enough to erase sales loss from earlier in the year.

A theory known as the "herding effect" can be used here with potential clients by sharing this information with them: in 2009 there was a total $234.9 billion issued in individual annuities!! An insured way of protecting their retirement assets. Share this with your clients in every appointment and they will automatically feel more comfortable with the indexed annuity purchase.

Thank you for the phenomenal month of business in February! If you ever need anything for your business, never hesitate to call.

MJN

Empowering the Country’s Best Advisors to Become Better.
Click Here for More on "The Advisor's Advisor"
825 S. Kansas Avenue, Suite 510 ::: Topeka, KS ::: 66612
866.363.9595 ::: matt.neuman@advisorsexcel.com

Alarming Article from CNN Money - Bank Failure Rate

This week I ran into an article on CNNMoney.com that talks about how one in every 11 banks is at risk of failing. There are over 700 banks on the FDIC watch list today! That's the highest number since 1993!! The number has been growing since the recession started. As the article states, the list was at only 76 in 2007.

For a complete copy of the article, and also to hear FDIC Chairman Sheila Blair speak on why more banks will fail in 2010 Click Here.

Now is the time to provide your clients with safe and insured assets.
February is proving to be the biggest month of the year - thank you for all the hard work.

MJN

Empowering the Country’s Best Advisors to Become Better.
Click Here for More on "The Advisor's Advisor"
825 S. Kansas Avenue, Suite 510 ::: Topeka, KS ::: 66612
866.363.9595 ::: matt.neuman@advisorsexcel.com

Good Read - Investors Keep Fooling Themselves

A good article came across my desk yesterday that I wanted to share. The last 3 paragraphs are great, and definitely stress the importance of being an honest advisor.

Investors are looking to get higher than average returns, and in some cases, advisors might be over-promising on their ability to get those returns in the stock markets. The article mentions that some clients hope to make a 22% return each and every year in the stock market!! To get your copy of the article Click Here.

Make it a great week. Remember that your clients need your advice now, more than ever.

MJN

Empowering the Country’s Best Advisors to Become Better.
Click Here for More on "The Advisor's Advisor"
825 S. Kansas Avenue, Suite 510 ::: Topeka, KS ::: 66612
866.363.9595 ::: matt.neuman@advisorsexcel.com