Adding in-house Medicare Advisory/Agent
If you have added Medicare plans as an offering in your firm, I’d love to hear your thoughts.
As many of us are, we talk about Medicare all the time and have a few local independent agents we refer to who we trust. This seems like a service we can bring in-house as part of a more comprehensive service offering for clients.
We’d likely have to hire a new employee who would just focus on this rather than adding it to the workload of one of our advisors. Ideally, we’d be able to market this service and cross sell financial planning and wealth management too.
I’m still figuring out the economics of all of this. It would be great to hear success stories, cautionary tales or anything I should be thinking about as we consider adding this as a service.
For context, we’re a $500 million AUM hybrid with an independent B/D.