The ESI Illuminations Business Development Credit Program provides additional compensation to Advisors with $5 Million or more in Average Daily Balance of Assets Under Management on the ESI Illuminations platform.
As Advisors look to build scale and cost efficiencies into their practices, they are turning to the ESI Illuminations Platform and available model-based portfolio solutions to deliver better client outcomes. In addition, ESI Illuminations is integrated with tools like Docupace , Investigo, and MoneyGuide Pro to provide advisors with greater efficiency, and a renewed focus on strong client relationships as they deliver holistic advice to help clients achieve their goals.
As agents of the National Life Group, ESI Advisors are well positioned to deliver advice on protection, investments, and retirement planning. ESI Illuminations is the platform advisors are using because it provides flexibility and choice in who and how the investments are managed. ESI Illuminations delivers management in an easy to use, web based, turn-key solution, all for an ongoing fee calculated on assets under management.
The ESI Illuminations Business Development Credit Program will be calculated as follows:
| Advisor Total Assets Under Management On ESI Illuminations Platform | Business Development Credit Basis Points |
| $5,000,000 – $25,000,000 | 1 |
| $25,000,001 – $50,000,000 | 1.5 |
| $50,000,001 – $100,000,000 | 2 |
| $100,000,001 + | 3 |
The 2020 Business Development Credit calculation is complete and will be paid February 24th. Based on the Total Average Daily Balance of Assets Under Management, Advisors will be paid anywhere from 1-3 additional basis points in compensation.
TC119402(0221)1