How to Become a Farm Bureau Wealth Management Advisor
March 23, 2021
If you're interested in transitioning your business to Farm Bureau, this guide helps you understand what the process entails and what the transition looks like.
Step 1: Why Farm Bureau
Moving your wealth management business to Farm Bureau is an important decision and one we don’t take lightly. That’s why the first thing we do is sit down with you to make sure the transition is the right fit. We’ll share what makes Farm Bureau different from other firms, as well as what makes us stand out in the industry and how that can benefit your business. We also want to hear from you: Why do you believe that growing your career at Farm Bureau is the right step?
Step 2: Learn About Your Business
Before the transition, we’d like to get to know your business. Tell us more. Here are a few topics we’ll discuss:
- Who is your current client base?
- What’s your business model?
- What’s your geographic location?
- What opportunities do you see there?
Step 3: Strategize Your Career Path
We believe that a tactical plan is an integral part of your career success. We’ll meet with you to hear about your goals, how you’d like to see your business grow, target client markets and more. Then we’ll map out how we can help you get to where you’d like to be.
Step 4: Meet Our Team
You’ll visit the corporate headquarters of Farm Bureau for an in-person meeting to get to know the Farm Bureau family. You’ll meet with our wealth management leadership team, the middle office and the licensing sales team. This is your support network, the people who are key to assisting with your transition.
Step 5: Plan the Transition
All of our onboarding plans are tailored to each advisor, so after we formalize our commitment, we’ll work with you to build an onboarding timeline and get your team in place for the official transition.
Step 6: Transition Your Business
Farm Bureau is a full-service firm with all of the resources and experienced people required to ensure that your transition is smooth and seamless.
Your Regional Manager is your go-to resource to initiate this process. They’ll arrange a comprehensive “Introduction to Transition” meeting designed to answer all of your questions and make sure you feel confident in the process. During this call, your manager will discuss a detailed overview of your practice’s specific needs to ensure things are in place and ready.
Next, you’ll be assigned a team of Transition Specialists to walk you through the nuts and bolts of setting up your office, scheduling training and getting you acquainted with the platforms and systems.
Step 7: Connect to Ongoing Support
Once you’re fully transitioned, we don’t leave you on your own. Farm Bureau provides its advisors with continuous support and resources, starting with the mentorship of your Regional Manager. Additionally, you’ll have access to:
- Agent partnerships
- Leadership support
- Wealth management operations team
- Registration and licensing
- Internal wholesaler team
- In-house estate and business succession planning attorneys
- Specialized regional life insurance and annuity team
- Marketing and advertising support
- Legal and compliance
Make the Move
Consider growing your business with us. Let’s talk about your opportunities as a Farm Bureau Wealth Management Advisor.