Banking Products Offering Superior Earnings Available to Financial Advisors through BofI Advisors

July 13, 2012 - PRLog -- As financial advisors are well aware, the expectations of clients can be considerable as they all want to see their money work for them. To do that financial advisors have to present their clients with strong products and services that promise attractive returns and that is exactly what BofI Advisors has created with their core banking products.

BofI Advisors, a division of BofI Federal Bank, designed their banking products with financial advisors in mind, delivering superior customer service to their clients while delivering high earnings. Among the banking products offered through BofI Advisors are Select Money Market, providing a highly competitive rate, plus liquidity, flexibility and accessibility with limited check writing privileges; Select Checking, providing An Interest Earning Checking Account with high yields that beat the competition; Select Savings, providing a safe and secure Savings Account with a highly competitive rate; and Select CD, providing high rates, high returns, and no market risk.

Through an agreement between BofI Advisors and the broker-dealer a financial advisor can establish eligibility and begin offering their clients these products. The process simply involves completing a training course on the banking products and upon passing that course faxing the disclosure compliance certificate.

Financial advisors will then receive residual compensation on a quarterly basis from their broker-dealer related to the accounts opened and funded by their clients. To make managing their clients’ accounts easier BofI Advisors provides access to these accounts to the financial advisor upon permission from their client.