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Million Dollar Round Table
The Million Dollar Round Table (MDRT) is a trade association formed in 1927 to help Insurance brokers and financial advisors establish best business practices and develop ethical and effective ways to increase client interest in financial products, specifically risk based products like life insurance, disability and long term care. As of the end of 2008 the organization has more than 39,000 members in 82 countries and territories. The name comes from a group of 32 successful life insurance agents who met at the Peabody Hotel in Memphis, Tennessee. Each agent could demonstrate they had sold more than $1,000,000 of life insurance that year. Their meeting focused on improving technical knowledge and enhancing their sales abilities as well as maintaining ethical standards in the industry. The 1927 meeting evolved into the formation of the organization that exists today. An organization dedicated to encouraging ethical values, sharing ideas and concepts clients have found to be valu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MDRT Logo
The Million Dollar Round Table (MDRT) is a trade association formed in 1927 to help Insurance brokers and financial advisors establish best business practices and develop ethical and effective ways to increase client interest in financial products, specifically risk based products like life insurance, disability and long term care. As of the end of 2008 the organization has more than 39,000 members in 82 countries and territories. The name comes from a group of 32 successful life insurance agents who met at the Peabody Hotel in Memphis, Tennessee. Each agent could demonstrate they had sold more than $1,000,000 of life insurance that year. Their meeting focused on improving technical knowledge and enhancing their sales abilities as well as maintaining ethical standards in the industry. The 1927 meeting evolved into the formation of the organization that exists today. An organization dedicated to encouraging ethical values, sharing ideas and concepts clients have found to be valuab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Broker
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract. As of 2019, the largest insurance brokers in the world by revenue are Marsh & McLennan, Aon plc, Willis Towers Watson, Arthur J. Gallagher and Hub International. In Australia In Australia, all insurance brokers are required under the Financial Services Reform Act 2001 to be licensed by the federal government's Australian Securities and Investments Commission (ASIC). Reputable and experienced insurance brokers in Australia will generally also hold additional qualifications such as a certificate or diploma in financial services which requires the completion of in depth studies in a specific area, the most common being general insurance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Advisor
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice. In the United States, a financial adviser carries a Series 7 and Series 66 or Series 65 qualification examination. According to the U.S. Financial Industry Regulatory Authority (FINRA), qualification designations and compliance issues must be reported for public view. Details of formal compliance issues can be found on thInvestment Adviser Public Disclosure(IAPD) website and details of non-formal issues can be found oOnesta FINRA specifies the following groups who may use the term ''financial advisor:'' brokers, investment advisers, private bankers, accountants, lawyers, insurance agents and financial planners. Financial advisors need to be able to take the full picture of the client's financial situation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long Term Care
Long-term care (LTC) is a variety of services which help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods. Long-term care is focused on individualized and coordinated services that promote independence, maximize patients' quality of life, and meet patients' needs over a period of time. It is common for long-term care to provide custodial and non-skilled care, such as assisting with activities of daily living like dressing, feeding, using the bathroom, meal preparation, functional transfers and safe restroom use. Increasingly, long-term care involves providing a level of medical care that requires the expertise of skilled practitioners to address the multiple long-term conditions associated with older populations. Long-term care can be provided at home, in the community, in assisted living facilities or in nursing homes. Long-term care may be needed by people of any age, although it is a m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peabody Hotel
The Peabody Memphis is a historic luxury hotel in Downtown Memphis, Tennessee, opened in 1925. The hotel is known for the "Peabody Ducks" that live on the hotel rooftop and make daily treks to the lobby. The Peabody is a member of Historic Hotels of America, a program of the National Trust for Historic Preservation. History First Peabody Hotel The original Peabody Hotel was built in 1869 at the corner of Main and Monroe Streets by Robert Campbell Brinkley, who named it to honor his friend, the recently deceased George Peabody, for his contributions to the South. The hotel was a huge success, and Brinkley gave it to his daughter Anna Overton Brinkley and her husband Robert B. Snowden as a wedding gift not long after it opened. The hotel had 75 rooms, with private bathrooms, and numerous elegant public rooms. Among its guests were Presidents Andrew Johnson and William McKinley and Confederate Generals Robert E. Lee and Nathan Bedford Forrest. Jefferson Davis, the former Pres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville. Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods. The first European explorer to visit the area of present-day Memphis was Spanish conquistador Hernando de Soto in 1541. The high Chickasaw Bluffs protecting the location from the waters of the Mississipp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortimer Adler
Mortimer () is an English surname, and occasionally a given name. Norman origins The surname Mortimer has a Norman origin, deriving from the village of Mortemer, Seine-Maritime, Normandy. A Norman castle existed at Mortemer from an early point; one 11th century figure associated with the castle was Roger, lord of Mortemer, who fought in the Battle of Mortemer in 1054. The 12th century abbey of Mortemer at Lisors near Lyons-la-Forêt is assumed to share the same etymological origin, and was granted to the Cistercian order by Henry II in the 1180s. According to the toponymists Albert Dauzat and later, François de Beaurepaire, there are two possible explanations for such a place name: First, a small pond must have already existed before the land was given to the monks and have already been called ''Mortemer'' like the two other ''Mortemers'', because the word ''mer'' "pond" was not used anymore beyond the Xth century. This word is only attested in North-Western France and of Frank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Established In 1927
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
