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Want a better benefits plan? Don't be afraid to work with a broker AND advisor

Here’s why taking a risk by working with an advisor and your broker can pay off for your plan.

By Jim Blachek | December 24, 2019 at 09:50 AM
P{alybook strategy on chalkboard Your benefits advisor can work with your broker as a consultant, finding the right people to turn your plan into a strategic advantage for your business. (Image Shutterstock)

If you’ve been frustrated with the quality and cost of your current benefits plan, you may have considered working with a benefits advisor. What gives many business owners pause, however, is the idea that they’d have to terminate their relationship with their broker in order to bring an advisor onto the team. Abandoning the idea of the advisor in favor of the theoretically “safer” option of sticking with a broker may seem like the best solution in the face of uncertainty, but avoiding any kind of change altogether could keep your benefits plan permanently subpar.

Here’s why taking a risk by working with an advisor and your broker can pay off for your plan:

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