The War We Are On…

If you are wondering whether this is suitable for you, consider asking yourself these questions:

Are you frustrated with your current situation and constantly wonder what it takes to become a Top Producing Advisor Or Producer Group?

Or are you just looking for a change in MGA because Bob Smith told you that you will get a higher contract rate if you jump from one MGA to another?

We are at WAR and we are here to make a change. 

But the question is… Are you with us?

You are probably wondering now… “Why should I join MGAscendant when you are not going to increase my contract rate?” That is a fair question to ask, and here is my answer to you! 

Let’s start with the problem…

In the current state of the industry, in the MGA space, advisors move from one MGA to the next primarily based on some form of increase in their contract bonus rate. So MGAs in the space are competing on rate. Because what you end up with from one MGA to another, you just end up with people shifting. One MGA ends up with another MGA’s dirty laundry, that next MGA ends up with the other MGA’s dirty laundry, you’ve got advisors moving around and all they’re focused on is, well if I go from MGA A to MGA B, I’m going to get a 10% lift in my contract bonus rate.

Guess what… 180% of a contract rate with ZERO production is still ZERO…

You can get a high contract bonus rate, but if you do not have sustainable business process in place, you are not going to reach the number of people that you want to serve or that income that you want to earned!

And with all the other MGA out there… there was never any discussion like…

“We will put you in a room once a quarter with top help you by actually helping you become a better advisor…” or “We will coach you to get your business off the ground, teach you how to get more appointments, close sales, create systems, etc…

How do I know?

The conversations in my humble 16 years in this business, whenever we had one MGA that was acquired by another (we had to move from one MGA to the next) the extent of the value conversation was, “well, you know, we have an annual conference and if you achieve X amount of FYC production, we’ll bring you on a trip and you spend a few days golfing, going to a spa, shopping, or consuming alcohol and networking.”

Their Goals Were Never About HELPING You Be A BETTER Advisor.

If I have an MGA offering me the highest contract rate on day one, that shouldn’t be a cause for celebration, that should be a red flag. Because my question logically to the MGA is, how do you purport that you are able to support me and help me grow into being a successful advisor if you’re paying me the majority of the revenue that I would generate? Because you can’t provide a stack of value at no cost. No business can do that. 

And look, a high contract rate 

• doesn’t put food on the table
• doesn’t hire the right who’s to help you get the how’s done

A high contract rate is just a high contract rate. That’s all that it is. 

This Got To Change! And We Got The Solution!

56% of our advisor team who are experienced are in the TOP SIX to TOP 20 overall producers in Canada.

The remaining percentage are new to the team. The remaining percentage are new to the team. What trajectory do you think they’re on? 

And most of the advisors that we have at Ascendant have less than eight years in experience in the industry. Most were only three years into their journey at Ascendant and they were already qualifying for Court of the Table very easily. 

And Guess what? 

Not one of them started at the highest rate, not one. They earned their way to the top while producing more than most advisors in the industry.

We Are Here To Help You BE A Better Advisor!