Your financial advisor doesn't want you to see this #shorts

Your financial advisor doesn't want you to see this #shorts

#nicholascrown #finance #annuity

[charlesa]

I’ve actually given “no cost” fixed index annuities tracking SP500 to clients but the only ones that really have care for them are clients over 60 years old. Younger clients don’t have much of an interest for them.

[CREEPINGIRON]

Working in my very own portfolio, kid had $35, 000 last year, now he is at zero. Bro laughed at me.
🦓💚

[clehaxze]

Why buy annuities when I can just buy SPY or VOO?

[michaelvernon]

If you haven't already, can you discuss a 401k vs IRA? Thanks

[CyberQuince]

I waited till the end only to figure out what Ferrari model was in the box 😅

[ruckus]

Advisors are getting away with charging 175 points now? I’ve only seen 150 a couple of times for small account holders.

[jmntherd]

Wow, I've been seeing this mildly entertaining channel show up in my feed for months. I thought it was entertainment. I never would have guessed it's just one big annuity commercial. You got me good, my guy!

[Starks]

Nicholas, I want a model of the Ferrari SF-24.

Are you an F1 fan?

[i_i]

*ME:* I want to see Ari Gold
*MOM:* We have Ari Gold at home

[andrewhackney]

FIA's definitely have their place and as an advisor have certainly offered them to those who are risk adverse. But there are some caveats one always look at the surrender charges and be darn sure you aren't going to need the money for a specified amount of time because they can be pretty significant early on for taking your money out early. Two I have yet to find an FIA that does not have a cap (max you can get as a return annually) and they are not all buit the same. But to the risk adverse it does offer the protection on no downside risk while giving you an opportunity to benefit from upsides in a particular index. They certainly have their place but they are not a one size fits all solution.

[alittlebluebird]

I'm a grandma in the poor house but this is beyond my comprehension.... ❤ your videos

[joshuastone]

I’m a IFA and would like this banned please 😂

[amyx]

What’s the percentage? Like, 3% under S&P but never under 0?

[leon_the_professional]

Hi, my name is Saul Goodman. Did you know you have rights? Constitution says you do, and so do I.

[daviddeveloper]

Mr Crown. Please give a reply to this downside:

"Limit of potential gains. Fixed index annuities cap your potential upside, so you don’t earn as much in good years as investing directly in the market."

[Tdot]

That is a magestic 👑 mustache. It made me clic.

[nickbenrhardt]

Love your videos but I have to disagree with some of what you’re saying. I am a financial advisor and I do not know anyone who charges 1.75% unless it’s a very active stock account. I charge 30-50% less than that on average. My services go beyond just managing investments. It is all about a clients goals. I use index annuities aplenty in some portfolios but sometimes they are not best for some goals. I mainly focus on outperforming a basic 60/40 portfolio with lower volatility.