Guess who's moving into the RIA neighborhood? State Farm asks thousands of insurance brokers to get financial planning credentials, sources say
The giant Bloomington, Ill. insurer signs on RBC, MoneyGuidePro, BlackRock and Vanguard and as many as 13,000 of its agents may get a Series 65 by 2020
Author By Lisa Shidler
October 25, 2018 at 8:50 PM
October 26, 2018 — 9:01 AM
Statefarm Insurence are nothing but a bunch of rippoffs. its sad you have file claim on your policy, then instead of paying with other moneys they nake theor customers use tbeir 10, 000 policy mold benifits. then you pay rest of your life for filing a claim, we been with them 30 years and they crooked us so bad it was so unbelievable. then raise our insurence up to 1,767 year. hello what is wrog with this picture. then my house payment went from 900 to 1483 thanks to Andy Thomas of our agency. he nade us really pay. we been with him 30 years with him and state farm. then finally had to leave and get our honeowners gor 1,000 , someone better check this man and that group cauae we never had any dui's perfect driving record, no kind tickets me nor ny husband 62 my age 61 his age. in asking you all to check this stupid idiot out amd his little group. they all are very unprofessional. i know he was pockiting money cause he was getting ours. statefarm we wikl never be bavk 30 years to lobg for us. oh then he call you get you back cheap then aftwr couple weeks he tuened up the bill. im paying 30 dollars nore for our vehicles. but guess what We will cause we got away from this crook and crooked statefarm, i was gladly pay more to good company then a trashy man and company. we were cheated on our claims so bad it aint funny. use our own mold olicy then still get raised so high. we were cheated so bad. you folks going end up in court by somebody. this needs be checked into. my own mortgage company called told us to drop statefarm. it went up 200 in three months. we got proof of this. and im going to use it. got punished so bad and we senors. bunch crooks not all just that one place. even payed for towing i called gave me that young guy and he hung up phone just because I told him that he was wrong I paid for it 30 years. all my words of what they did is documented or recored, so State farn I got that pkace and you all by the balls on tbis one. and you lucky if I dont take you to court on some of this matter. your best bet get rid of Andy Thomas. before I take him couet. cause if i do i garentee i personally will win. i got every tthing by him word by word fron bunch idiots call staff. Cause he will loose and you all be suffering from imbaressment. dont lay me. cause we are two seniors done wrong by one simpme man called agent and staff. other companys laugh at you all. and like I said he needs be looked onto. my name is Barbara snith i proud to give my name.
October 26, 2018 — 9:17 AM
I'M VERY GLAD THIS POOR OLE LADY STOOD UP FOR HERSELF. SHE IS SO VERY RIGHT, STATEFARM NEEDS GET RID OF THAT AGENT. HE' S CAUSE I LEFT TOO AND SOME STAFF. CANT KEEP STAFF MUCH. ANDY THOMAS IS NOT A GOOD AGENT. I AGREE WITH HER ON THAT. AT THAT AGENT YOU FILW CLAIM YOU ADD IT. THAT IS A BAD THING TO. HOW WOULD HE FEEL PAY EXTRA 300 ON HIS HOUSE BECAUSE OF IT. KARMA IS REAL, GOOD LORD ABOVE GET HIM. SO HE BETTER START PRAYING IN ORDER GET INTO HEAVEN, HE NOT STOPPING THERE HE'S GOING PASS HIT HELL WIDE OPEN IN CHESTNUT CASKET POPPIN & CRACKIN. GOD BLESS HIS SOUL. AMEN JESUS.
Christopher Paul Van Slyke
October 26, 2018 — 3:08 PM
What does "get financial planning credentials" mean? They could get the CFP because we know the board will let them sell stuff with some exemption. I'll bet though, that only 20 percent of those agents could pass the CFP exam. Soooo, which easy, watered down qualification will they get?
October 26, 2018 — 11:19 PM
What the living stuff are u talking about. The ebarent number of brain cells are apparent
October 29, 2018 — 1:10 PM
In response to Chrisopher Paul Van Slyke, I was told during my Ken Zahn prep class that State Farm agents could not hold the CFP as their fiduciary obligation was to the agency not the client. This is strictly anecdotal and I have not attempted to confirm but it makes sense. He also said it was State Farm that would not allow. Perhaps this is why we see many of those agents with the ChFC designation instead.