Insurance Company

Broker Dealer

Fee Only Advisor

Buying a house is undeniably a major financial decision.  As a result, most people will spend some time researching and understanding the basics of the process before making a purchase: what is the role of agents; what are the transaction costs; how do mortgages brokers and title companies fit into the picture; what type of mortgage makes sense; etc.  

Retail financial advisors are generally compensated through fees, commissions, or a combination of fees and commissions.

Any financial advisor who sells an annuity and receives compensation for that sale is going to be acting as a licensed agent on behalf of the company whose product they are selling.

This financial advisor may be involved in activities that range beyond annuity sales such as fee-based investment advising, but they will be acting as an agent when they sell the annuity.