The difficulties of being a financial advisor can be many as they face the pressure of finding investment opportunities for clients who not only want favorable returns but also limited risks. Given the current climate of the market this is no easy job but with the concierge program created by BofI Advisor financial advisors have access to high-yield banking products and services that meet their clients’ expectations.
As a division of BofI Federal Bank, BofI Advisor has designed their concierge program with financial advisors in mind, giving them the ability to offer their clients a full menu of banking products that include:
-Select Money Market accounts that provide a highly competitive rate, plus liquidity, flexibility and accessibility along with limited check writing privileges;
-Select Checking accounts that come with an opportunity to earn interest along with high yields that beat the competition;
-Select Savings accounts that comes with a highly competitive rate along with the opportunity to earn interest compounded daily on qualified balances
-Select CD, providing high rates, high returns, and no market risk
BofI Advisor also understands that customer service is just as important as these high-yield banking products and that is why they have a dedicated team of highly trained account specialist that can assist clients with all their needs, answering any questions they may have about their account.
These banking products and services are available to qualified financial advisors through an agreement BofI Advisor has made with broker/dealers. As part of this concierge program BofI Advisor has also introduced a number of benefits for the financial advisor which include 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
