MRA Terminology
Fee: A fixed charge or sum paid or charged for a service.
We have for many years been long term advocates of disclosure of all types and amounts of broker commission income. We distinguish ourselves in that we charge fees based on the project versus being compensated on a commission on premiums paid for insurance products.
Independent: Not affiliated with a larger controlling unit. Not requiring or relying on something else. Not contingent.
Our clients have found that the benefits of working with independent advisors, is that they engage experienced professionals, without corporate barriers, that are guided by a focus on doing what is in solely in our clients’ best interest.
Transparency: Free from pretence or deceit. Easily detected or seen through. Readily understood.
It is a rare corporate executive who feels that they have a clear view in regard to the insurance industry, broker and agent roles.
Unbiased: Free from all predujice and favoritism.
Our impartial and objective views provide clients with an awareness of issues not tied to premium expenditures, commissions, placement fees,contingent compensation or other potential income influences.
