Short video/transcript in which Jayson Lowe explains how advisors and coaches (IBC) are compensated in Canada: they are paid by insurance companies from budgeted operating pools, clients are not billed extra, and Lowe emphasizes that compensation reflects the value provided. The tone is conversational and reassuring; the content addresses client curiosity about advisor pay.
Chapters
How are advisors and coaches compensated? Well, we're paid in Canadian currency, and we're compensated very well for what we do. The insurance companies themselves, they have a budgeted pool of dollars that they use to take care of operating expenses, and that includes remunerating an advisor who places a policy. And so our clients, they don't receive any extra invoices or fees for service or anything like that. We're paid extremely well for what we do. We're blessed beyond the definition of good fortune. Absolutely. You know what's interesting? Yeah. It's a great question, right? Because if you're getting the value that you want, imagine, let's go back to the grocery store. When's the last time you had a craving for something? You rushed to the grocery store. They had ample stock of what you were craving. I know where you're going with this. And you went up to the cash register and. And you said, listen, before I buy this, I want to know, how do you get paid? How do you get compensated? Well, if you're getting what you want, you're getting the value that you want, why does it matter? It's a relevant question. I thank you for asking it, but in good humor. When's the last time you attended any other business and asked that question? It's very interesting that that comes up from time to time.