{"id":1817,"date":"2021-03-02T20:16:25","date_gmt":"2021-03-02T20:16:25","guid":{"rendered":"https:\/\/ifpartners.com\/?p=1817"},"modified":"2023-05-25T18:51:56","modified_gmt":"2023-05-25T18:51:56","slug":"ifp-taps-the-pinnacle-group-to-expand-and-evolve-its-insurance-offering","status":"publish","type":"post","link":"https:\/\/ifp.ifpstage.com\/bd3stage\/ifp-taps-the-pinnacle-group-to-expand-and-evolve-its-insurance-offering\/","title":{"rendered":"IFP Taps The Pinnacle Group to Expand and Evolve Its Insurance Offering"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Tampa, FL, March 2, 2020 \u2013 Independent Financial Partners (IFP), a broker-dealer, SEC-registered investment advisor, and brokerage insurance agency specializing in wealth management, retirement plan consulting and risk management products has partnered with <a href=\"https:\/\/pinnacleifs.com\/\">Th<\/a><a href=\"https:\/\/pinnacleifs.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">e Pinnacle Grou<\/a><a href=\"https:\/\/pinnacleifs.com\/\">p<\/a> to expand the life, annuity and long-term care insurance products and resources available to its national network of financial professionals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IFP\u2019s insurance licensed financial professionals are able to conduct fixed insurance business with the agency of their choosing, though for the past decade IFP\u2019s general agency and in-house team was always the firm\u2019s preferred option. However, going into 2021, IFP wanted to simultaneously expand and evolve its insurance product and services platform without diverting additional internal resources away from enhancing the core competencies of the Broker-Dealer and RIA. As such, it made sense to partner with an outside firm like Pinnacle who is a focused and successful specialist in the insurance and annuity space and intimately familiar with supporting firms like IFP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur firm is made of three components of a holistic business model, our RIA, our Broker-Dealer, and our insurance agency,\u201d says Jeff Acheson, IFP\u2019s Chief Business Development Officer and head of the firm\u2019s Retirement and Risk Management Solutions division. \u201cOur primary business lines are within the RIA and Broker-Dealer but by partnering with Pinnacle, we\u2019re able to integrate a premier and proven platform on the insurance side without straining the internal resources devoted to our primary focuses elsewhere within the enterprise.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Partnering with IFP adds another Broker-Dealer\/RIA to Pinnacle\u2019s already impressive list of clients. Their entire back office team is structured to support firms like IFP, and all of their resources are devoted toward facilitating success with IFP\u2019s insurance and annuity activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhen you work with Pinnacle, we become a literal extension of your team, supporting you and helping you grow your business to the next level,\u201d says Jason Borek, Pinnacle\u2019s Chief Distribution Officer. \u201cWe dedicate ourselves to building a solid relationship with you that requires long-term commitment, planning, and a genuine investment in seeing you succeed. Our business is built for a firm like IFP to plug in to due to our national footprint and our experience in working with broker dealers\/RIAs. Pinnacle has the resources to support IFP\u2019s entire network and educate financial professionals who don\u2019t yet do business with IFP\u2019s insurance side. It\u2019s a very synergistic relationship, and we\u2019re thrilled to have IFP as a partner.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About IFP<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Independent Financial Partners (IFP) is a broker-dealer, registered investment adviser, and general insurance agency supporting over 240 financial professionals around the country. Financial professionals affiliated with IFP have the option to manage advisory assets with four custodians: Pershing, Fidelity, Charles Schwab, and TD Ameritrade. As of December 31<sup>st<\/sup>, 2020, IFP\u2019s financial professionals oversee over $7 billion in assets under management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Securities offered through IFP Securities, LLC, dba Independent Financial Partners (IFP), member&nbsp;<a href=\"https:\/\/urldefense.com\/v3\/__http:\/www.finra.org\/__;!!Cz2fjcuE!xlu2VzjnpV2WJeIQIboCi8awRkGquLHY_cJMSytSDkzpHJZKRLA2PvdBT6dWg8av$\">FINRA<\/a>\/<a href=\"https:\/\/urldefense.com\/v3\/__http:\/www.sipc.org\/__;!!Cz2fjcuE!xlu2VzjnpV2WJeIQIboCi8awRkGquLHY_cJMSytSDkzpHJZKRLA2PvdBT9TznD21$\">SIPC<\/a>. Investment advice offered through IFP Advisors, LLC, dba Independent Financial Partners (IFP), a registered investment adviser.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About <\/strong><strong>Pinnacle<\/strong><strong><\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/pinnacleifs.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Pinnacle Group<\/a> is dedicated to transforming the way the insurance and annuity industry does business. Their goal always has been to find creative ways to help advisors grow their businesses, discover innovative solutions, and meet the needs of their clients. They serve over 18 thousand advisors and 45 broker dealers\/RIAs nationally. Pinnacle has a national foot print with nearly 50 sales directors, advanced planning centers, and strategic partners in every region of the United States and Puerto Rico. Every IFP advisor will have a single point of contact to assist in directing them to resources and support needed to impact and grow their business to the next level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tampa, FL, March 2, 2020 \u2013 Independent Financial Partners (IFP), a broker-dealer, SEC-registered investment advisor, and brokerage insurance agency specializing in wealth management, retirement plan consulting and risk management products has partnered with The Pinnacle Group to expand the life, annuity and long-term care insurance products and resources available to its national network of financial [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-1817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - 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