Several years ago I trademarked the now popular Annuity Report Card. After spending a few decades meeting with thousands of individuals who already owned annuities who, when quizzed, couldn't tell me some of the most basic details of what they owned I felt if was time to do something about it.
The Annuity Report Card is simply an learning and evaluation tool that we provide of anyone who owns an existing annuity contract who seeks clarity and complete disclosure in a easy to read, consolidated format. This tool outlines all of the details that an owner of an annuity should know prior to purchasing, but in some cases either their memory has gotten the best of them, they didn't fully understand what was discussed or in some cases parts of the conversation they had with the salesperson was not as clear as it should have been. Whatever the reason, this tool will educate the investor completely on all of the details, positive and negative as well as the benefits and limitations of their existing contract. We then take this as step further and compare their annuity to what we feel is the best performing contract in their category, a comp if you will, to visually show the client how their annuity stacks up. After this complimentary evaluation, the annuity owner will at the very least leave my office having a complete understanding of what they own and either confident that their contract is the best available in today's market, or that they didn't fully understand what they owned and that they could probably have done better with a little more knowledge.
The Barnowski Financial Group is looking to bring a little more transparency and confidence to annuity holders nationwide.
Founder & CEO