Ready to reactivate your license and become an independent business owner in the financial services industry? It takes hard work and determination to succeed, but Pinnacle Agency has your back every step of the way.
A college degree or a background in finance is not required to become an agent with us, but it does take:
A Willingness to Learn.
Studying and preparation are necessary to join the thousands of agents who pass their licensing exam. Many of our agents earn their license within 2 weeks, but you set your own timeline – you control the pace!
During this time, you will learn about the products and services you can offer, and build a foundation of knowledge that you can share with your clients and provide them with fair and sound support in the years to come.
As most of our agents will tell you, starting and growing any business, particularly in financial services, isn’t always easy, and it is immensely rewarding. No one is expecting overnight success, so go at your own speed and build the business as big as you want it to be. You’ll be surrounded by people whose footsteps you can follow.
You can also start - and keep - your business as a part-time opportunity, or you can go full time. The decision is completely up to you.
Starting a business does incur some costs, but at Pinnacle we try to keep these expenses as low as possible, especially when compared to others in the industry. Some of the fees that are required when you decide to be a business owner include:
(1) Becoming licensed also requires this additional cost, which is paid to the education providers, not Pinnacle. In the United States, we have agreements with several education providers who will charge from $20 - $250 dollars for education depending on the type of course. Exam fees are approximately $100, and can vary by state.
(2) The Pre-Licensing Bundle, available through the contracted pre-licensing provider, costs $169 plus applicable taxes. This bundle, which includes the Course for Life Insurance Agents and Anti-Money Laundering in the Financial Industry, provides all the necessary study materials to write the provincial exam(s) and become licensed with WFG. Exam fees are approximately $100, and can vary by state.
(3) All life licensed agents, no matter what insurance agency they are affiliated with, have a regulatory requirement to hold Errors & Omissions insurance. The premiums can be paid quarterly or annually, and are not refundable. In the United States, New York resident agents must obtain and maintain their own E&O insurance.
(4) The Platform Fee is for access to our suite of technology tools that can help you run your business more efficiently and effectively. The initial charge is $25 per month. This fee increases for individuals who also possess a securities license, as does the amount of tools offered.