Nationwide Creates Team To Support Fee-Based Retirement Advisors
COLUMBUS, OH, June 10, 2010 --Nationwide Financial Services, Inc. announced it has created a specialized sales team to provide retirement income solutions for fee-based advisors. This new team of Institutional Consultants will provide personalized service and support to make it easier for fee-based advisors to help clients grow and manage their retirement income.
The seven members of this new Institutional Consultant team, led by Karen Heath-Wade, vice president of sales and retention for Nationwide Financial, average 16 years of industry experience each and share a deep understanding of the unique needs of fee-based managed account advisors. The breadth of the team's experience is evident in the variety of designations held by its members, which include CIMA, AIFA, CPA, MBA and CFP.
"A recent survey by the Financial Planning Association found that advisors spend 50 percent of their time on retirement income-related activities," said John Carter, president of Nationwide Financial Distributors, Inc. "We're committed to providing customized solutions to help advisors address the retirement income challenges their clients face, and felt it necessary to create a sales team that could provide the products and support fee-based advisors are looking for in today's marketplace."
Nationwide also plans to roll out a new web site in 2010 that will serve as a resource specifically for fee-based advisors.
About Nationwide
Nationwide, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. The company provides a full range of personalized insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit www.nationwide.com.
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