It is tough enough for financial advisors to find favorable investment opportunities but having to do that with the pressure of knowing any mistake or delay could cost them a client makes the process all the more difficult. Recognizing the difficult position that financial advisors face BofI Advisor has created a solution that not only meets their clients’ desires but provides plenty of benefits to them as well.
The solution created by BofI Advisor, a division of BofI Federal Bank, owned by BofI Holding, Inc. (NASDAQ: BOFI) , is a carefully designed concierge program complete with high yield banking products and services. Through an agreement with broker/dealers BofI Advisor is offering qualified financial advisors the opportunity to offer their clients these core banking products.
These core banking products include a Select Money Market Savings account that provides a highly competitive rate, plus liquidity, flexibility and accessibility along with limited check writing privileges; a Select Checking account with the opportunity earn interest and delivers high yields that beat the competition; a Select Savings account that comes with a highly competitive rate along with the opportunity to earn interest compounded daily on qualified balances; and a Select CD that offers high rates, high returns, and no market risk.
BofI Advisor doesn’t leave financial advisors out of the benefits tied to the program as they provide a competitive free environment with no in-house wealth management or investment services; advisors earn residual compensation on account balances and product offerings; they can view customer accounts through information-sharing agreements; and much more.
Financial advisors interested in offering their clients the high-yield banking products and services provided by BofI Advisor can learn more about the financial advisor program at: https://www.bofiadvisor.com/Advisors.aspx
