When was LifeMark started?
LifeMark was established as Procorp Securities in 1983.
Where are you located?
LifeMark is a national Broker/Dealer and Registered Investment Advisor headquartered in Rochester, New York with numerous branch offices throughout the country.
Is LifeMark independent and privately owned?
Yes. LifeMark's operates as an independent firm. In doing so, we offer no proprietary products and maintain no corporate mandates eliminating conflicts of interests on behalf of our representatives.
What products and services do you offer?
Mutual Funds • Variable Life/Annuities • Fee-Based Managed Account Platforms • General Securities • 529 College Savings Plans • Alternative Investments • Life Settlements • Indexed Annuities • Online Banking
What type of advisory platforms does LifeMark offer?
Our advisory program provides access to a range of sophisticated global allocation strategies to innovative alternative investment approaches.
Investment allocations within the advisory program utilize mutual funds, ETFs, and individual equities. Our lineup of strategic partners include institutional and alternative managers such as Goldman Sachs, State Street Global Advisers, Symmetry Partners, New Frontier Advisers, JP Morgan, Genworth Financial, and Morningstar, just to name a few...
Can I sell fixed insurance through my general agency contract?
Yes. LifeMark understands the need for flexibility on outside business activities of the independent representative. Therefore, we have established accommodative policies on outside business and permit insurance business away from the Broker/Dealer.
Do you offer any financial planning software?
LifeMark's Wealth Management System powered by Money Guide Pro, provides advisers with a variety of ways to offer Financial Planning. Get direct access to the most advanced online financial planning tools and create comprehensive or modular based planning solutions for clients.
Who is LifeMark's clearing firm?
LifeMark clears through National Financial Services, LLC., a subsidiary of Fidelity Investments.
What kind of transition support do you have?
Our transition team will tell you what you can expect during transition, and recommend the processes that will work best for your individual situation.
Can you tell me about LifeMark's approach to compliance?
We are committed to protecting you and your clients as evidenced by our regulatory history. LifeMark's practical approach to compliance training deals with relevant topics in a friendly and helpful way.
What technology does LifeMark have to offer?
Client Relationship Management Platform • Optical Storage • Consolidated Statements • Online Commissions • Trading Platform • Financial Planning Software • Personalized Online Profile.
What are your fees?
LifeMark has incorporated a unique service agreement. The service fee (currently $275 per month) includes various benefits...learn more
What is the payout?
LifeMark utilizes a graduated scale payout structure. Contact email@example.com to find out where you stand.
Do you have quotas?
Yes. The minimum production requirement is currently $6,250 in gross dealer concessions per quarter.