At Labbato Retirement Network, transparency is a cornerstone of our practice. As an independent insurance advisory service, we provide guidance on retirement planning and insurance solutions with your best interests in mind. This Financial Disclosure Statement explains how we operate, how we are compensated, and important considerations for clients.

1. Independent Advisory Services

Labbato Retirement Network is an independent insurance advisory network. We work for the client, not for insurance carriers. Our goal is to:

  • Match clients with the most suitable retirement and insurance product
  • Protect principal from market downturns
  • Provide income for life options
  • Facilitate legacy planning and probate avoidance

We provide guidance on products, including:

  • Fixed Indexed Annuities
  • Fixed Annuities
  • Whole Life Insurance
  • Term Life Insurance
  • Final Expense Insurance

Our recommendations are based on your individual financial goals, risk tolerance, retirement timeline, and family planning needs.

2. Compensation and Fees

  • Commission-Based Compensation: We receive commissions from insurance carriers when a policy is sold or serviced. The amount may vary depending on the type of product and insurance carrier.
  • No Direct Client Fees: Our consultations are provided at no direct cost to you. Any product-specific fees, premiums, or charges are fully disclosed before purchase.
  • Transparency Commitment: We disclose all known commissions, fees, and compensation arrangements related to any recommended product before you make a decision.

3. Product Information and Limitations

  • Insurance and annuity products may have varying features, including interest rates, caps, participation rates, and terms for withdrawals or income for life.
  • Products may provide tax-deferred growth, protection from market downturns, and options for leaving assets to beneficiaries, but actual outcomes depend on product specifications and individual circumstances.
  • Labbato Retirement Network does not guarantee investment returns, nor do we provide personalized tax or legal advice. Clients are encouraged to consult their own financial, legal, or tax professionals prior to making decisions.

4. Risk Disclosure

While many products we recommend are designed to reduce risk, including protecting principal in bear markets or recessions, no financial product is completely risk-free. Clients should consider:

  • Potential loss of purchasing power due to inflation
  • Limitations on withdrawals or access to funds
  • The impact of changing interest rates, market conditions, or product terms

We ensure that all recommended products align with your risk tolerance and retirement goals.

5. Probate and Legacy Planning

Certain products, including fixed annuities and life insurance, can help you:

  • Avoid probate
  • Leave assets directly to beneficiaries
  • Provide financial protection for loved ones in the event of an unexpected passing

These benefits may vary by product, carrier, and state regulations. Full product details will be provided before purchase.

6. Commitment to Ethical Practices

  • We adhere to the highest ethical standards in all client interactions.
  • All product recommendations are based solely on your needs and objectives, not on carrier incentives.
  • We provide full disclosure of any conflicts of interest or compensation arrangements.

7. Contact Information

For questions regarding this Financial Disclosure Statement or any of our services, please contact us:

Labbato Retirement Network
 Email: carmen.labbato@gmail.com
 Phone: 440-725-6480