Monday, January 19, 2015
Why the foreign national market could be the niche you’re looking for - Foreign National Market
The world isn't flat, but it's shrinking. The globalization of the planet through lightening fast communications, currency exchanges and the emerging status "citizens of the earth" has created, for the most part, borderless nations.
Global citizens are buying homes, investing and marrying outside their own countries like never before. In the U.S. there's a growing segment of America's population, no longer limited to living in the gateway cities of New York, Los Angeles and Miami. Case in point, 21% of Las Vegas is foreign born.
The American foreign market is virtually untapped by financial advisers, who are either unaware of this demographic group or the rules of engagement for people who are not U.S. citizens. The foreign community is presently niche market, but in the near future it will go mainstream. This episode is part one of a five part series introducing the foreign market to financial and insurance professionals.
Syndicated financial columnist and talk show host Steve Savant interviews foreign market expert Carey Rokovich, CFP, CLU, ChFC. The foreign national market is a large, growing population that faces unique US planning challenges. Foreign national have a significant need for information on financial planning concepts and desire US dollar denominated products. This series reveals the untapped foreign national market in America. It's a niche segment of our society that could be a significant opportunity for advisers.
About Steve Savant
As the National Marketing Spokesperson for Ash Brokerage, Steve Savant looks forward to meeting financial professionals in every way possible - in person or by video through conferences and social media.
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