| Submission declined on 24 April 2024 by Utopes (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
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Comment: Much of the history section second-half, as well as the entirety of the CEO Background and Associations sections, are unsourced fluff-pieces. Overall does not seem to be notable per Wikipedia's WP:NCORP guidelines. The one source added since the previous declination is a promo-interview and not independent coverage. Utopes (talk / cont) 17:37, 24 April 2024 (UTC)
| Company type | Private |
|---|---|
| Industry | Insurance |
| Founded | 1999 |
| Founder | Ken Nuss |
| Headquarters | , United States |
Key people | Ken Nuss (CEO) |
| Website | www |
AnnuityAdvantage is an American insurance agency specializing in fixed-rate, fixed-indexed, and lifetime income annuities.[1][2][3] It is based in Medford, Oregon.[4][5]
AnnuityAdvantage was founded in 1999 by Ken Nuss, who has served as its chief executive officer (CEO) since its founding.[6][7][8]
History edit
Ken Nuss began his career in financial services in 1992 at a full-service brokerage firm. Over time, he shifted his focus towards fixed annuities, influenced by the satisfaction of his clients with their guaranteed returns compared to those in stocks, bonds, and mutual funds. In 1999, he founded AnnuityAdvantage as a platform that provides information on principal-protected annuities.[9][10]
At the time of the company's founding, the majority of annuity products were purchased in-person through licensed insurance agents. AnnuityAdvantage encountered challenges in persuading clients to adopt the concept of purchasing annuities remotely, but consumer attitudes eventually shifted, leading to the acceptance and growth of the remote annuity sales model, which AnnuityAdvantage helped pioneer.
AnnuityAdvantage positions itself as an unbiased source of information on fixed annuities and has been recognized in several publications. Within the annuities industry and among its observers, the company is regarded as a significant source of annuity-related information.
CEO background edit
Ken Nuss, originally from Ashland, Oregon, graduated with honors from Ashland High School in 1981 and attended Southern Oregon University. Prior to his financial career, he owned a restaurant and several video rental stores.
In 1992, Nuss began working as an investment representative at Edward Jones, a brokerage firm. He founded AnnuityAdvantage in 1999, introducing a website for comparing fixed annuities online, a novel concept at that time.
Holding insurance licenses in all 50 states and Washington, D.C., Nuss frequently contributes to financial publications and has been recognized in the industry, including induction into the Advisors Excel "Hall of Fame" in 2020 and multiple qualifications for the Million Dollar Round Table.
Associations edit
- National Association of Insurance and Financial Advisors (NAIFA)
- National Association for Fixed Annuities (NAFA)
- National Ethics Association (NEA)
- Better Business Bureau (BBB)
Platform edit
AnnuityAdvantage is accessible through its website where a user can compare rates and quotes of annuities from different insurance providers.[11][12] Barron's describes AnnuityAdvantage as a resource for information on fixed annuity contracts.[13][14]
AnnuityAdvantage views fixed rate deferred annuities as a comparable alternative to bank CDs.[15]
References edit
- ^ https://www.outlookindia.com/business-spotlight/celebrating-25-years-of-innovation-and-integrity-with-annuityadvantage
- ^ Writer, Staff. "Annuity education". The Stockton Record.
- ^ "How Data Analytics Is Used in Annuity Insurance". The Katy News. February 28, 2022.
- ^ "Inheriting an Annuity? Here's a Little-Known Way to Stretch Its Tax Benefits". Kiplinger.com. March 9, 2020.
- ^ https://money.usnews.com/investing/articles/2017-04-25/is-it-time-to-invest-in-inflation-protected-annuities
- ^ Dowd, Casey (April 13, 2017). "What Rising Interest Rates Mean for Annuities". FOXBusiness.
- ^ "Ken Nuss". Retirement Daily on TheStreet.
- ^ Grant, Tim (May 6, 2017). "Placing an annuity in IRA can make sense". Times Union.
- ^ "Three Ways to Get Future Lifetime Income with Annuities". MedicalEconomics. July 12, 2022.
- ^ "Thinking of Buying a Fixed Annuity? Ask These Questions First". Kiplinger.com. June 8, 2020.
- ^ "Retirement Made Complicated" – via Bloomberg.
- ^ "7 Best Annuities to Guarantee Income for Life - CBS News". CBS News. January 7, 2010.
- ^ Hube, Karen. "The Top 50 Annuities". Barrons.
- ^ Scism, Leslie (March 2, 2009). "How Well Do You Know... Fixed Annuities?" – via WSJ.
- ^ "States Aren't Great at Regulating Insurance". August 28, 2019 – via Bloomberg.