Throughout our experience in the financial services industry we have found one of the most misunderstood and oversold products is insurance. We have aligned ourselves with our clients needs by remaining an independent insurance agent meaning we are not limited to a certain product or product mix. All too often in our industry clients are engaged by a captive insurance agent, meaning they can only sell products from a particular carrier, this undoubtedly leads to insurance selling and not insurance advising. We have access to life, disability and long-term care insurance companies such as but not limited to:
Annuities, much like their life, disability and LTC insurance counterparts, are some of the most complex financial tools in our industry. We at Veritas Wealth Management LLC believe that when used effectively annuities offer certain advantages for clients looking for secure, steady long term income during retirement. Unfortunately, due to their historically high fees and high commissions, annuities have rightfully become a point of contention between advisors and clients. Similarly to other insurance products, we believe it is important to work with an advisor that has access to many annuity carriers to help alleviate high pressure selling tactics. We believe that annuities are just another tool that when effectively used help create a solid retirement foundation. We are committed to having our clients understand the advantages to using annuities along with any risks and fees. More importantly than that we believe annuities are not for every client and every situation.