Regulatory

FirstSourceTeam operates as an Independent Marketing Organization (IMO) and partners with Registered Investment Advisors (RIAs) and Financial Advisors to offer a range of financial products and services. All investment advice and financial planning services are provided exclusively by the RIAs and Financial Advisors with whom FirstSourceTeam collaborates. FirstSourceTeam does not offer investment advisory services or investment management. All insurance products, including annuities, are sold through licensed insurance agents affiliated with FirstSourceTeam. The information provided on this website is for informational purposes only and should not be considered financial, investment, or legal advice. Please consult with a qualified professional before making any financial decisions.

Understanding the difference

At FirstSourceTeam, we pride ourselves on our role as an Independent Marketing Organization (IMO) that partners with Registered Investment Advisors (RIAs) and Financial Advisors. This unique collaboration allows consumers to benefit from a third-party perspective that is unbiased and solely focused on their best interests. Our commitment to excellence means we only provide referrals to firms or individuals who hold a Fiduciary responsibility, ensuring that every recommendation is made with the highest standard of care and integrity. This approach ensures that our clients receive impartial guidance tailored to their specific financial needs and goals.

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Key differences include:

• Impartial Guidance: FirstSourceTeam provides unbiased recommendations, partnering only with Registered Investment Advisors (RIAs) and Financial Advisors who adhere to Fiduciary standards. This ensures that every piece of advice is given with the client’s best interest at heart, unlike large broker-dealers who may have conflicts of interest due to proprietary products or commissions.
• Personalized Service: As an Independent Marketing Organization (IMO), FirstSourceTeam focuses on individualized client relationships, offering tailored financial solutions. This contrasts with the often one-size-fits-all approach of large broker-dealers, allowing for more customized and effective financial planning.
• Enhanced Trust: By working with FirstSourceTeam, clients gain access to advisors who are committed to a higher standard of care and transparency. This fosters greater trust and confidence, as opposed to the potential skepticism towards large broker-dealers where advisor loyalty may be divided between the firm’s interests and the client’s needs.

Strategies for effective collaboration

1. Establish honest goals: The more realistic we can be about our personal circumstance the better. Over-estimating near term financial potential can come at the consequence of quality of life in retirement.
2. Consider as many signals as possible, but focus on the known: Planning for retirement is a multi-faceted and complex endeavor. We encourage you to bring external considerations and known possibilities to your personal finance professional. External considerations include health, geopolitics and global markets, quality of life expectations, and familial implications.
3. Use data, ask questions: Your success when working with a licensed professional is greatly impacted by your ability to build mutual understanding with your advisor. Be honest and act as a team to maximize results.
4. Check in: Your advisor is a full-time professional resource, similar to a doctor, lawyer, or other professional. Use their expertise to gain depth in your knowledge base, and do not hesitate to ask questions.

Confronting retirement, especially in the light of a late-stage career transition, can be stressful. Our goal at FirstSourceTeam is to help our clients build fluency and control in their personal circumstance. Our mission is to protect assets, secure the future, and build wealth for families and individuals. We hope that you share our values and honesty as you embark on your next stage of life.

“Retirement planning is not just about securing your financial future; it’s about giving yourself the freedom to live your dreams, pursue passions, and enjoy life’s precious moments without worry. Start today, and let your future self thank you for the peace of mind and endless possibilities.”

This sentiment captures the essence of what can be achieved through collaboration. By bridging the gap, we not only expedite the translation of concepts into solutions but also ensure that these solutions are informed by the latest intelligence and technological advancements.

As we continue to navigate this complex landscape, the promise of what can be achieved by working together remains a powerful motivator. Let's commit to this journey of collaboration, innovation, and real-world impact.