• Home
  • Blog
  • Links
Jim Clooney Org

S1L Making Inroads on Educating Financial Planners About Reverse Mortgages

9/24/2013

0 Comments

 
Security One Lending (S1L) is making headway in educating financial planners on the use of reverse mortgages as a viable retirement tool.




S1L, a division of Reverse Mortgage Solutions, presented a national webinar last week specifically designed for Certified Financial Planners, which attracted more than 500 advisors.




The webinar, “A Fresh Look at Reverse Mortgages,” featured guest speaker Michael Kitces, a partner and the director of research for Pinnacle Advisory Group. Located in Columbia, Maryland, Pinnacle is a private wealth management firm that oversees approximately $1 billion of client assets.




Attending CFPs also received one hour of C.E. credit for the session, the second in an ongoing series of national webinars offered by S1L and the American C.E. Institute. In June, Dr. Barry Sacks presented the first webinar in the series, “Reversing Conventional Wisdom.”




“The success of these presentations clearly shows the reverse mortgage has evolved from merely a needs based ‘product of last resort’ to true and viable option to be considered as just one component in an overall and more comprehensive retirement plan,” said Torrey Larsen, president of retail lending for RMS.




Eliminating reverse mortgage misconceptions among the mainstream financial community is a key element in S1L’s “education business model,” said Director of Business Development Shelley Giordano, who has been working on S1L’s ongoing education efforts among the financial planning community. Those efforts have included the webinar series as well as the recent establishment of a reverse mortgage advisory board to target misconceptions about the product among financial planners.




“The success of these first two national webinars clearly shows this topic is incredibly timely and relevant to financial advisors working with seniors,” Giordano said.




Future presentation topics will address the relationship of long-term care and reverse mortgages, as well as the ongoing series “Using Household Wealth During the Distribution Phase of Retirement.”




Source: http://reversemortgagedaily.com/2013/09/23/s1l-continues-dialogue-with-financial-planners-on-reverse-mortgages/




Check out more articles at Jim Clooney WS

0 Comments



Leave a Reply.

    Author

    • Jim Clooney on Gather
    • Jim Clooney - Listal
    • Jim Clooney's Blog
    • Jim Clooney | WordPress
    • Jim Clooney on Quora
    • Jim Clooney's Twitter Page
    • Jim Clooney CO
    • Jim Clooney WS
    • Jim Clooney Tennis
    • Jim Clooney - Bigsight
    • James Clooney
    • Total SAI - Jim Clooney

    Archives

    April 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013

    Categories

    All
    Adjusted Rate Mortgages
    Edwin Gould Foundation
    Home Equity Loan
    Home Sales
    Housing Market
    James Clooney
    Jim Clooney
    Mortgage
    Mortgage Applications
    Mortgage Facts
    Mortgages
    Rates
    Refinance
    Refinancing
    Reverse Mortgages
    Rising Rates
    Tennis
    Total Solutions Advisors Inc
    Underwater Mortgages
    Underwater Mortgages
    Wimbledon

    Links
    • Jim Clooney on Gather
    • Jim Clooney - Listal
    • Jim Clooney's Blog
    • Jim Clooney | WordPress
    • Jim Clooney on Quora
    • Jim Clooney's Twitter Page
    • Jim Clooney CO
    • Jim Clooney WS
    • Jim Clooney Tennis
    • Jim Clooney - Bigsight
    • James Clooney
    • Total SAI - Jim Clooney

    RSS Feed


Powered by Create your own unique website with customizable templates.