Pasadena, CA (PRWEB) October 22, 2011
Western International Securities (WIS) announced last week that it has partnered with a group in order to provide access to health, dental and vision insurance benefits to its independent contractor Registered Representatives and their assistants starting in 2012.
In order to keep the independent contractor status of its Reps, Western can’t directly offer the insurance, so they have partnered with a specialized non-profit organization. Advisors can enroll now for plan year 2012 as well as at the beginning of each month throughout the year. Assistants, para-planners and the rest of the office team are also covered under the group plan. The group insurance is a tremendous offering since individual underwriting isn’t necessary and Advisors received pooled rates.
“We’re extremely pleased to be able to provide our Advisors with the opportunity to have group health, dental and vision insurance. This enables a smoother transition for those Advisors seeking to go independent,” said Donald Bizub, Chief Executive Officer of Western International Securities. “WIS has over 250 Registered Representatives and is rapidly growing its business through JP Morgan Clearing Corp. and Pershing, LLC.” said Bizub.
Western International Securities is among the largest independent broker/dealers clearing through JP Morgan Clearing Corp. At Western, investment professionals own their practice, leverage the WIS platform and keep more of what they earn.
If you’d like more information, please contact Ecri Gutierrez at ecri(at)wisdirect(dot)com,
626.710.3107. Western International Securities 70 South Lake Avenue, Pasadena, CA 91101, http://www.wisdirect.com.