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We've 10 Years Of Experience In Business Agency

4.5/5

We had 4.5 Rating over view

Executive Director

Prabh Virk

I’m sure at some point in your career you have told your clients “It is not what you make but what you keep”. As an advisor, we should also live by this standard. In the financial industry, everyone wants to run their own agency

That is where I come into play.

The three main models that we see are:

  • Career/ Captive Model
  • Broker Dealer Model
  • Networking Model

Career/ Captive Model

  • The brand recognition of the name
  • Strong training is available
  • Very good support programs are in place
Weaknesses:
  • Limited product offerings are available as we can offer their products mostly
  • Limited expansion program as there are some territory restrictions and thus a limited growth
  • Limited compensation for producers as we use their brand name and pay for it through expensive advertising

Broker Dealer Model

  • Access to many products and companies
  • Strong training is available
  • Very good support programs are in place
Weaknesses:
  • Limited training for new agents as seniors have no incentive to share their expertise
  • Limited agency ownership program and risk your agents leave once trained or being poached
  • Compensation can be contingent on hitting quota

Networking Model

  • Have a system to expand agencies across North America
  • Proper system in place and marketing in a hot and warm market all the time
  • Builder model of this system is well proven
Weaknesses:
  • Main focus is on constant recruiting, and with that comes Brand/image issues
  • Compensation, bonuses and overrides tend to go to the big recruiters.
  • Licensed people who write business are paid way less than other models with the hope they will join small elite group
We saw the opportunity to help advisors and took the best of all three models and left the weaknesses behind to come up with unique revolutionary Tribrid model which is designed to be competitive with the entire industry and offer :
  • Industry-leading ownership and legacy options for advisers, Build it once and get paid forever
  • Your own Agency – Retire and SELL IT, or Die and WILL IT
  • Agency over-ride structure rewarding those who train other advisors and/or build agencies
  • Ability to grow and build North America wide
With our unique Tribrid business model, we can achieve greater heights. We have to understand the power of compounding by changing Single handed income to Multiple handed incomes. Which will result in security, freedom, and unlimited growth
If you're ready to rely on someone who can help, then I invite you to send me a message
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Priceless Financial Group Inc. has experienced associates throughout Canada who can assist you in reaching your financial goals.

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