WHAT IS AN OID?
Identifies client’s needs
Selects OIDs through FIDx Partner Portal
Submits a proposal to the OID
Receives proposal and makes recommendation
Presents to Financial professional
Client approves
Financial professional sends notification to OID
Annuity assets, now included in AUM
Can change asset allocation, beneficiaries, add premium and run reports
Submits application to broker/dealer and
insurance carrier
Submits for client signature
Contract is delivered to client with the OID as the agent of record
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Financial
Professional
OID
Financial
Professional
OID
Financial
Professional
The IX Desk is an outsourced insurance desk (OID) that has licensed agents available to assist unlicensed financial professionals (FP), who want to recommend annuity solutions to their clients
When an FP connects with IX Desk, our team will review the client’s goals and risk profile, conduct the research, and make a recommendation
IX Desk prepares the contract and becomes the agent of record, while the FP maintains control and management of the asset
What is the IX Desk
OID Partnerships
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Identifies client's need for annuity—which may include tax deferral, lifetime income, or legacy planning
Select one of several OIDs available through Partner Portal
Submits a proposal to the OID
Receives the proposal and begins research to make the recommendation based on the client’s needs
and financial situation
Presents recommendation to the financial professional, who, if in agreement, approves it
Client approves the recommendation
Financial professional approves and sends a notification to the OID to proceed
Completes the application and submits to the
broker-dealer and insurance carrier- online process reduces NIGOs to almost zero
Submits for client signature; client receives email prompting them to e-sign application
Receives notification to e-sign application;
contract is delivered to client with the OID as
the agent of record
Maintains control over annuity assets, which are
now included in their AUM
Can change asset allocation, beneficiaries, and
add premium
Can run integrated allocation reports
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OID Partnerships
Financial professional
OID
Financial professional
OID
Financial professional
After a client purchases their annuity,
FIDX Desk will:
Provide a place to manage all contracts
Call out contracts that are in the money, have
high fees, or benefits that aren’t being used
Manage and inform of the regulatory
requirements for each contract.1
FIDX Desk will:
1 Exchange Act account requirements for Rule 17a-3(a)(17)
CLOSE WINDOW
Maintains control over annuity assets, which are
now included in their AUM
Can change asset allocation, beneficiaries, and
add premium
Can run integrated allocation reports
OID Partnerships
OID Partnerships
