Offered only to Westland Advisors/Agents not associated with a Westland contracted Broker/Dealer. Please call our CEO to Check on your availability to be invited to join this program. You must have a professional practice dedicated to high ethical standards, understand financial planning and doing what is right for your customers.
Our Profit-Sharing program is designed to reward producers based on compensation earned through Westland carrier affiliations. It is a simple program to reward your hard work with additional compensation.
How it Works:
As participants in the profit-sharing program perform in their own practices, they earn their respective independent contractor compensation as they always have – earned and paid directly from the insurance carrier.
Westland earns an override on all production. We earn this compensation as an insurance marketing organization to assist you in placing and processing your insurance and annuity business. Westland will add a portion of our override into a Profit-Sharing Pool earned from all Profit-Sharing participants.
Based on your level of compensation earned, you will earn a fixed percentage of the Profit-Sharing Pool. We have established just 2 levels of direct sharing in the Pool, so all participants will receive additional compensation based on their personal production after achieving a minimal level of production (Level 1).
In addition, participants who reach the higher level personal production (Level 2) will share proportionally in the portion of the pool that was deposited and not paid out directly to others. Depending on the number of participants and production for those not reaching the level 2 threshold, there could be significant amounts in the pool and shared by only those who reach level 2.
Though all Profit-Sharing Participants may benefit, those Advisors and Agents who help more individuals, families and businesses put in place protection strategies, stand to gain the most by earning their way into the inner circle and receive more of the Profit-Sharing Pool.
For complete details, please contact our CEO. Tim Morton.
Westland Financial Services, Inc. Tim Morton – firstname.lastname@example.org (800)238-8144 x127
- Producer interview
- Invitation to participate (Exclusive offer for professionals with established practices. No production requirements)
- Sign Westland Producer Agreement
- Complete SureLC Westland Contracting Kit
- Sign Profit Sharing Agreement