Wholesale Affiliations

Fees Per Registered Person

Annual Fee: $1,025
One-Time Onboarding Fee: $440*
Annual State Registration Fee(s): Vary by state(s)
E&O Insurance: Carry your own agency and rep coverage or purchase ours

*Additional one-time fees apply for registered reps with existing U4 disclosures or who are FINRA CE inactive at the time of registration. Fees will also apply for reps taking FINRA series exams. Additional fees apply for IAR registration with TLG Advisors (RIA) if applicable.

Compensation Payouts

95% of wholesale compensation / overrides paid to the agency entity
90% of personal production or retail compensation

Benefits

No OSJ responsibilities
Business-friendly compliance
Maintain ownership of your clients
Ability to recruit retail, downline agents to the broker-dealer and/or RIA

Note: Outside RIA friendly (compliance oversight required)

General Requirements

Personal production of indexed annuities (EIA) must run through the grid for suitability
Must complete all pending regulatory continuing education within 15 days of registration
Compliance with FINRA and broker-dealer regulatory/industry requirements

Simplicity Investments Areas of Expertise

Leading broker-dealer for variable life insurance in the world
Specialized in servicing wholesale organizations
Private placement life insurance products (PPLI)
Life settlements (fixed and variable)
Other products: Please reference selling agreement listing
Visit our Resources Page

Category	Examples	Collected
A. Identifiers	Contact details, such as real name, alias, postal address, telephone or mobile contact number, unique personal identifier, online identifier, Internet Protocol address, email address, and account name	YES
B. Personal information categories listed in the California Customer Records statute	Name, contact information, education, employment, employment history, and financial information	YES
C. Protected classification characteristics under California or federal law	Gender and date of birth	YES
D. Commercial information	Transaction information, purchase history, financial details, and payment information	NO
E. Biometric information	Fingerprints and voiceprints	NO
F. Internet or other similar network activity	Browsing history, search history, online behavior, interest data, and interactions with our and other websites, applications, systems, and advertisements	NO
G. Geolocation data	Device location	NO
H. Audio, electronic, visual, thermal, olfactory, or similar information	Images and audio, video or call recordings created in connection with our business activities	NO
I. Professional or employment-related information	Business contact details in order to provide you our Services at a business level or job title, work history, and professional qualifications if you apply for a job with us	NO
J. Education Information	Student records and directory information	NO
K. Inferences drawn from other personal information	Inferences drawn from any of the collected personal information listed above to create a profile or summary about, for example, an individual’s preferences and characteristics	NO
L. Sensitive Personal Information	Account login information, contents of email or text messages, debit or credit card numbers, drivers’ licenses and social security numbers	YES