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*The use of the terms of “financial advisor” or “advisor” for purposes of the survey questions and responses by both the consumers and the financial advisors queried does not necessarily imply that the individual is a registered investment adviser (RIA). The use of these two terms is meant in a general sense of the word or phrase to describe working with an investment advisor, a licensed insurance agent or other financial professionals who may sell annuity products.
1LIMRA, Not-for-Profit Survey, Q1, 2017 Results, based on 403(b) plan participants and contributions. Equitable Financial Life Insurance Company (New York, NY) issues life insurance and annuity products. The obligations of Equitable Financial Life Insurance Company are backed solely by its claims-paying ability. Equitable Financial Life Insurance Company(NY, NY) was founded in 1859.