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Who is Right? The Ongoing Saga of Commissions vs. Fees

January 9th, 2014 No comments

I’ve had this on my desk for a long time and I thought I would finally weigh in on it, though this tug-of-war will never be over. On March 13, 2011, there was a WSJ piece titled “A Smarter Way to Buy Insurance?” which was countered shortly thereafter by a posting on the NAIFA (National Association of Insurance and Financial Advisors) Blog titled “Myth Busting: Fee-Only Life Insurance Consultants Can’t Beat Agents on a Policy’s Price”.

They clearly disagree with each other so… who is right? Read more…

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