Benefits Built for the Independent Advisor

While advocacy is—and will always be—at the core of FSI’s mission, advancing our industry and ensuring individuals’ access to affordable, professional financial advice includes providing support to our members and their businesses. To that end, one of our most meaningful initiatives to date has been the FSI CoveredAdvisor Benefits Program.

The program leverages our collective scale to help address a big hurdle most independent advisors face: securing health, disability and other key workplace benefits. During the last ten years, over 15,000 FSI members have secured crucial medical, dental, vision, disability and life insurance, resulting in better protection for themselves, their families and their staff.

But while lowering insurance costs has been a cornerstone achievement, the CoveredAdvisor Benefits Program now offers far more than many FSI members realize.

Recently, we expanded the program to include our new CoveredAdvisor affinity benefits, providing FSI members with exclusive discounts and value-added services across multiple categories, generating potential savings of up to $16,000 annually.

These benefits include insurance product solutions, business operations, marketing and continuing education.

CoveredAdvisor Affinity Benefits

Insurance Product Solutions

Partners like Abacus Life help advisors and their clients maximize the value of life insurance policies. Members receive free firm-wide mortality verification audits for up to 10,000 individuals.

Continuing Education

FSI members gain free access to premier industry events such as BNY | Pershing’s INSITE (a $599 value) and enjoy discounts on professional designations, like 25% off the Accredited Investment Fiduciary (AIF) program through Broadridge Financial Solutions.

Business Operations Tools

From compliant billing platforms like AdvicePay (discounted Professional Plan pricing) to workflow automation via Docupace and data-driven market insights from Alphalytics Research, these resources help members save time, improve efficiency, and scale their practices. Other partners, including Envestnet, eMoney, and FinancialCareers.org, offer discounted technology, planning tools, and recruiting support.

Marketing and Communications Support

Members can access reduced pricing on reputation management platforms like Amplify Reviews, strategic PR services from Haven Tower, and hyper-personalized video content through Storyline. Discounts also extend to media subscriptions (InvestmentNews at 50% off) and publicity tools (Qwoted pitch credits).

Purchasing Power

Through UNA, a group purchasing organization, members receive pre-negotiated supplier contracts and exclusive discounts with brands such as Dell, FedEx, Office Depot, and Shred-it, boosting operational efficiency and bottom-line savings without fees or minimum commitments.

(Important: members should check with their firms to see whether they have existing agreements with participating providers. In some cases, firm-specific arrangements may take precedence over FSI CoveredAdvisor offers)

A Program Built for Independence

The FSI CoveredAdvisor Benefits Program reflects FSI’s commitment to making independence an advantage, not a trade-off. Yes, lowering health and disability insurance costs has been one of our biggest wins, but that’s just the beginning. CoveredAdvisor delivers solutions that power nearly every part of your business, from compliance and technology to marketing and client engagement.

It’s built for members who want the perks of an employee-based model without giving up the freedom and flexibility that make independence so rewarding. With CoveredAdvisor, you tap into the best of both models: significant cost savings, premium solutions and the collective buying power of a national network—giving you the freedom to run your business your way, with more resources and less cost.