Financial Planning AnnuitiesAnnuity Broker Job Description

This is financial planner Patrick Munro talking
to you about what an annuity broker job description might be. An annuity broker is an individual
that is licensed to sell annuities to the general population. And he must be trained
to handle the wide variety of annuity products that are out there. Fixed, variable, and of
course the equity index annuities as well.

That's the type of a broker that you want
to look with to work with. The typical job description is sitting down with a financial
fact finder and working with the person that is seeking financial advice. Finding out what
their assets are, what their income requirements are in the future and what their current financial
holdings are. Then you are able to minimize risk by transferring some of the variable
assets into a fixed secure annuity format, using either the fixed equity index annuity
or a variable annuity.

That's what an annuity broker would do and this is financial planner,
Patrick Munro..