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New Member Benefit
STRATEGIC ALLIANCES
Randy Kriner, Information Technologies Team Member for the IARFC, additionally coordinates the Strategic Alliance Committee for the Association. The purpose of the Committee is to oversee the development of strategic alliances with other associations and institutions. It also ensures the relationships with other alliance partners do not violate the IARFC Code of Ethics or construe a conflict of interest.
Randy Kriner, IARFC Team
Once again, the Strategic Alliance Committee announces a new member benefit. Our most recent offering is Advisor Controls. The Company joins an ever growing list of robust benefits provided by the IARFC members.
Are you utilizing your Membership Benefits - specifically the Strategic Alliances? These practice tools have been recommended by Association Members, the Committee, and by correspondence with the actual companies.
Specific details of these benefits are available to members who have logged into their online account. If you have any questions or need help finding specific information, you can contact me at randy@iarfc.org.
We are continually looking for additional “ tools for our consultants. If anyone has a product or company to suggest, please contact me... “ New Member Benefit
The International Association of Registered Financial Consultants (IARFC®) announces a Strategic Partnership with Advisor Controls for its Retirement Plan Simulator (RPS), an easy to use solution for understanding and advancing clients’ retirement income stories. Members will receive a benefit offering of $20 off per month of their subscription fees.
In just minutes consultants can input data and walk their client through the retirement planning process using their Retirement Plan Simulator, engaging clients in every step of the way through setting retirement goals, presenting portfolio strengths, reviewing proposals, and running simulations.
The Simulator uses innovative Retirement Income Cash flow Hierarchy technology (RICH technology) to create solutions that:
Accurately solve for target income needs Incorporate time segmentation (income phasing) appropriate asset mixes, and annuity income riders Identify variability in each product return Create statistically supported (Monte Carlo Simulation-tested) planning outcomes Randy Kriner
Enhance the sustainability of a portfolio’s income distributions This innovative technology creates the statistical evidence that a client, consultant, and supervising firm need to optimize retirement planning outcomes. It naturally aligns with fiduciary standards by helping consultants engage with their clients as they move through a step-by-step storyboard.