The Role of an Infinite Banking Advisor: What to Expect

When you're ready to take control of your financial future, partnering with an Infinite Banking Concept (IBC) advisor isn't just a smart move—it's a game-changer. But let's be clear: we're not talking about your run-of-the-mill financial advisor or coach. We’re definitely not talking about someone who is ‘Instagram famous’ without a history of actual successes and failures. A top-notch IBC professional can be your guide to a whole new world of financial empowerment - but they need experience to get you to where you want to go.

From day one, your IBC coach should be focused on education. Forget the sales pitches and cookie-cutter solutions. You're embarking on a journey to become your own banker, and that requires a nuanced understanding of how specially designed whole life insurance policies can work for you and your financial strategy.

Action Step #1: Before your first meeting, dive into R. Nelson Nash's book, "Becoming Your Own Banker." Or, sign up for CreateTailwind’s free community and complete the video course that reviews the main points of the book. Come with questions—the more you understand, the more value you'll extract from every interaction with your coach.?

As you begin working with your advisor, expect a deep dive into your financial landscape. This isn't a surface-level chat about your income and expenses. We're talking about a thorough walk through of your assets, liabilities, cash flow patterns, and long-term aspirations.

Action Step #2: Compile a detailed financial snapshot. Include everything from your monthly budget to your retirement dreams. The more information you provide, the more tailored and effective your IBC strategy will be.

Now, here's where the magic happens: policy design. A skilled IBC advisor doesn't just sell you a life insurance policy; they craft a financial instrument precisely tuned to your needs. They'll walk you through the intricacies of cash value optimization, premium structuring, and rider selection.

Action Step #3: During policy design discussions, ask questions about each policy feature and how it contributes to your overall strategy. Understanding these details empowers you to leverage your policy effectively in the future.

But here's the kicker: IBC isn't an island. It's a powerful tool that should integrate seamlessly with your broader financial picture. Your coach should be connecting the dots between your IBC strategy and your other financial endeavors—be it real estate investments, business financing, or retirement planning.

Action Step #4: Schedule a roundtable discussion with your CPA, attorney, and IBC advisor. This collaborative approach ensures all aspects of your financial life are working in harmony, maximizing the benefits of your IBC strategy.

As you implement your IBC plan, remember that this is a long-term game. Your advisor should be your ongoing partner, providing regular check-ins and guidance as you navigate the use of your policy.

Action Step #5: Set up quarterly reviews with your IBC coach to assess your policy's performance and discuss any changes in your financial landscape. Use these sessions to fine-tune your strategy, ensuring it evolves as your life does.

Transparency is non-negotiable in this relationship. A reputable IBC advisor will be upfront about their compensation structure.

Action Step #6: Ask for a clear breakdown of all costs associated with your policy and your advisor's services. Understanding these details isn't just about avoiding surprises—it's about ensuring your advisor's incentives align with your financial success.

In the ever-changing world of finance, your advisor should be a perpetual student.

Action Step #7: Inquire about your advisor's commitment to ongoing education in IBC strategies and broader financial trends. An advisor who's constantly learning is an advisor who can help you stay ahead of the curve.

Remember, finding an advisor or coach who embodies all these qualities isn't easy with all the noise out there. The world of IBC is still a niche, and true expertise is rare. We at CreateTailwind are experts after doing this for decades.?

It’s important to understand that implementing IBC is more than a financial decision; it's a paradigm shift in how you interact with money. The right advisor isn't just guiding you through a transaction; they're ushering you into a new era of financial control and wealth creation.

Are you ready to stop playing by the old rules and start creating real wealth? CreateTailwind can help with our free community stacked with courses, articles and live events all designed to educate and support you on your financial journey. Just go to: community.createtailwind.com?