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Trust Navigator is a wealth management cooperative that manages and provides the framework for a network of individuals who provide or use
services in the financial planning industry. In essence, we have formalized and legitimized the referral business for seeking and partnering with professionals to ensure our scope is as broad reaching as possible to serve all of our clients' needs.
Our goal is to facilitate turnkey services for our member's clients to help them realize their life goals through wealth management.
Trusted Advocate Benefits
- The ability to provide a full range of services to your clients through network partnerships, thereby further solidifying your value
to them as a solution provider
- The reassurance that you are referring your clients to legitimate service providers with verified performance records
- The financial reward for making a solid business decision for you and your client
Service Provider Benefits
- The ability to cross-sell your services to an unlimited number of people without the cost of marketing or advertising
- The reassurance that you are working with a network of professional, talented individuals who are governed by the Trust Navigator code
of conduct in their business dealings
- The financial reward of new business gained through network referrals
Trust Navigator's Role
- To define, mandate and supervise the Trust Navigator parameters for business and code of ethics and conduct
- To create referral profiles, validate references and monitor ongoing performance
- To facilitate referral relationships
- To manage fee collection and disbursements from the referral relationship
- To continually grow the cooperative to offer members a comprehensive network of providers across a broad spectrum of services
Frequently Asked Questions
How do I know the individuals listed on the Trust Navigator network
are legitimate business people?
Every person in the network is required to provide Trust Navigator with three references. We personally call and interview these references,
and post their testimonials on the Trust Navigator website. In addition to these testimonials, we also provide a paragraph defining the
service the individual offers, a biography outlining his/her experience and a picture.
What constitutes a "referral"?
The person who has the initial client relationship is always the client's primary contact. If a member of Trust Navigator makes a referral
to another Trust Navigator service provider, that referral is the secondary client contact and will always work through the primary client
contact. The model requires that any future business the secondary contact receives from that client is referral business, and the relationship
always resides with the primary contact, as does a percentage of the fee from the business. Trust Navigator facilitates the relationship
between members and the collection and disbursement of fees.
How is the cooperative governed?
Trust Navigator requires individuals on the network to sign three agreements:
- A service provider agreement
- A solicitor agreement outlining use of services
- A full disclosure agreement outlining the fee structure of the referral
Trust Navigator is responsible for overseeing the network with regard to these agreements as well as adherence to the rules regarding
the referral relationships.
What is the fee structure?
Trust Navigator has set up an industry standard fee structure. The individual who makes a referral to the network provider is entitled to
25% of the fee for business that the referral receives. In turn, Trust Navigator receives 20% of the referral fee. While these are the standard
fees, they are subject to change per special circumstances agreed upon by all participating parties.
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