BDM FAQ - Immigration Consultants
Frequently Asked Questions
Partnership Overview
| Category | Potential Questions | Updated Response |
| Understanding IFSG | What is IFSG, and how does it align with immigration consulting services? | ✔ IFSG provides financial solutions and resources (FS&R) that help immigration consultants support their clients in achieving financial stability and security after arriving in Canada. ✔ Our services align with settlement success, risk protection, and wealth-building strategies that help newcomers thrive. |
| Benefits of Partnership | What are the benefits of partnering with IFSG? | ✔ Enhance client support by providing FS&R as part of settlement services. ✔ Strengthen client relationships by offering financial guidance beyond the immigration process. ✔ Increase business visibility and client referrals by being seen as a full-service consultant. For Licensed Immigration Consultants: ✔ Licensed professionals sponsored by IFSG are eligible for full commission on referrals. ✔ Licensed consultants who are not sponsored by IFSG qualify for a starting commission split of 20% of the First Year Commission (FYC). For Non-Licensed Immigration Consultants: ✔ Cannot split commissions with IFSG due to regulatory restrictions. ✔ Instead, IFSG can contribute to their marketing campaigns as a form of compensation for client referrals. ✔ IFSG can also donate to a nonprofit organization of their choice or to the nonprofit organizations supported by IFSG on their behalf. |
| Terms of Partnership | What are the terms of the partnership agreement? | ✔ The partnership is flexible, non-exclusive, and commission-based, with no upfront costs. For Licensed Immigration Consultants: ✔ Licensed professionals sponsored by IFSG are eligible to receive commission splits on referrals. ✔ An agreement form will outline the responsibilities of both IFSG and the business partner. ✔ The agreement includes guidelines on ethical behavior, ensuring mutual respect and professionalism. ✔ Business partners are expected to assist in promoting IFSG’s benefits and services. ✔ The agreement also details extension and termination conditions for transparency. For Non-Licensed Immigration Consultants: ✔ Non-licensed professionals are not eligible for commission splits due to regulatory restrictions. ✔ Instead, IFSG offers alternative compensation through: • Marketing bonuses to support their business growth. • Donations to a nonprofit organization of their choice or one supported by IFSG, made on their behalf. ✔ The partnership is designed to be seamless and simple, ensuring easy integration into existing services. |
| Training & Support | What support does IFSG provide to immigration consultant partners? | ✔ No training required—we keep the process simple and seamless. ✔ IFSG provides guidelines to clarify the partnership. ✔ Partners only need to introduce IFSG to their clients—no additional effort is required. ✔ IFSG provides all necessary information resources directly to clients. ✔ We ensure minimal disruption to existing operations, making integration hassle-free. |
Enhancing Client Success in Canada
| Category | Potential Questions | Updated Response |
| Commitment to Client Success | How does IFSG help immigration consultants take their client care to the next level? | ✔ IFSG provides essential FS&R that complement immigration services, ensuring clients are financially prepared for life in Canada. ✔ Our partnership demonstrates true commitment to a client’s long-term success, going beyond just visa processing. |
| Client Support Beyond Immigration | What happens after a client arrives in Canada? | ✔ Immigration services may end, but the newcomer’s journey is just beginning. ✔ IFSG provides continued support through tailored FS&R, helping them build financial stability, protect their assets, and achieve long-term goals. |
| Reputation & Client Trust | How does partnering with IFSG enhance an immigration consultant’s reputation? | ✔ Offering financial support demonstrates that you go beyond paperwork, strengthening your reputation as a trusted advisor who cares about the full settlement experience. |
| Increased Client Referrals | How does this partnership benefit immigration consultants in terms of business growth? | ✔ Satisfied clients refer others. ✔ When newcomers feel financially supported, they are more likely to recommend your services to friends and family. |
FS&R Solutions for Immigration Clients
| Category | Potential Questions | Updated Response |
| Financial Barriers for Newcomers | What financial struggles do newcomers face, and how does IFSG help? | ✔ Many newcomers lack credit history, struggle with budgeting, and are unfamiliar with Canadian financial systems. ✔ IFSG provides credit-building programs, financial education, and insurance to support them. |
| Credit & Loan Eligibility | How can IFSG help newcomers establish credit and access financial services? | ✔ We offer credit-building solutions and financial literacy programs that help clients quickly build a strong financial foundation for loans, mortgages, and credit cards. |
| Homeownership & Stability | Can IFSG help newcomers with buying a home? | ✔ Yes! We help clients prepare financially for homeownership, guiding them through mortgage options and savings plans. |
| Long-Term Financial Success | What kind of financial education does IFSG provide to newcomers? | ✔ IFSG offers workshops, webinars, and one-on-one coaching on budgeting, investments, credit management, and retirement planning. |
Compliance & Transparency
| Category | Potential Questions | Updated Response |
| Regulatory Compliance | How does IFSG ensure compliance with financial regulations? | ✔ IFSG strictly adheres to Canadian financial laws and industry regulations, ensuring all FS&R are compliant and trustworthy. |
| Client Data Protection | How does IFSG protect client information? | ✔ Client data is encrypted and securely stored in compliance with Canadian privacy laws, ensuring confidentiality and trust. |
| Revenue & Commission Transparency | How is revenue and commission calculated for referrals? | ✔ Revenue and commissions are based on successful client sign-ups, with clear monthly reporting and automated payout systems for transparency. |
Marketing & Business Growth
| Category | Potential Questions | Updated Response |
| Client Engagement Tools | What marketing and educational tools does IFSG provide? | ✔ IFSG offers co-branded marketing materials, client engagement tools, and financial education resources to help immigration consultants effectively introduce FS&R to their clients.✔ We provide webinars, brochures, and settlement checklists to facilitate informed decision-making for newcomers. |
| Referral Process & Business Growth | Will this partnership help me get more clients? | ✔ Yes! Satisfied clients will recommend your services to their networks, increasing client referrals.✔ Providing comprehensive support positions you as a trusted advisor in the settlement process. |
| National & International Reach | Is this partnership available to immigration consultants across Canada? | ✔ Yes, IFSG operates nationwide, ensuring immigration consultants in any province can offer these financial services to their clients. |
Additional Customization & Long-Term Value
| Category | Potential Questions | Updated Response |
| Custom FS&R Packages | Can IFSG create customized FS&R solutions based on my clients’ specific financial needs? | ✔ Yes, IFSG works with immigration consultants to develop tailored financial strategies that align with their clients’ unique financial needs and settlement goals. |
| Ongoing Industry Insights | How does IFSG stay up to date with financial trends affecting immigration consultants and their clients? | ✔ IFSG continuously monitors financial regulations and industry trends, ensuring our FS&R remain compliant and relevant for newcomers and Canadian residents alike.✔ We provide partners with updates and insights to keep them informed about changes that may impact their clients. |
Partnership Overview
| Category | Potential Questions | Updated Response |
| Understanding IFSG | What is IFSG, and how does it align with immigration consulting services? | ✔ IFSG provides financial solutions and resources (FS&R) that help immigration consultants support their clients in achieving financial stability and security after arriving in Canada. ✔ Our services align with settlement success, risk protection, and wealth-building strategies that help newcomers thrive. |
| Benefits of Partnership | What are the benefits of partnering with IFSG? | ✔ Enhance client support by providing FS&R as part of settlement services. ✔ Strengthen client relationships by offering financial guidance beyond the immigration process. ✔ Increase business visibility and client referrals by being seen as a full-service consultant. For Licensed Immigration Consultants: ✔ Licensed professionals sponsored by IFSG are eligible for full commission on referrals. ✔ Licensed consultants who are not sponsored by IFSG qualify for a starting commission split of 20% of the First Year Commission (FYC). For Non-Licensed Immigration Consultants: ✔ Cannot split commissions with IFSG due to regulatory restrictions. ✔ Instead, IFSG can contribute to their marketing campaigns as a form of compensation for client referrals. ✔ IFSG can also donate to a nonprofit organization of their choice or to the nonprofit organizations supported by IFSG on their behalf. |
| Terms of Partnership | What are the terms of the partnership agreement? | ✔ The partnership is flexible, non-exclusive, and commission-based, with no upfront costs. For Licensed Immigration Consultants: ✔ Licensed professionals sponsored by IFSG are eligible to receive commission splits on referrals. ✔ An agreement form will outline the responsibilities of both IFSG and the business partner. ✔ The agreement includes guidelines on ethical behavior, ensuring mutual respect and professionalism. ✔ Business partners are expected to assist in promoting IFSG’s benefits and services. ✔ The agreement also details extension and termination conditions for transparency. For Non-Licensed Immigration Consultants: ✔ Non-licensed professionals are not eligible for commission splits due to regulatory restrictions. ✔ Instead, IFSG offers alternative compensation through: • Marketing bonuses to support their business growth. • Donations to a nonprofit organization of their choice or one supported by IFSG, made on their behalf. ✔ The partnership is designed to be seamless and simple, ensuring easy integration into existing services. |
| Training & Support | What support does IFSG provide to immigration consultant partners? | ✔ No training required—we keep the process simple and seamless. ✔ IFSG provides guidelines to clarify the partnership. ✔ Partners only need to introduce IFSG to their clients—no additional effort is required. ✔ IFSG provides all necessary information resources directly to clients. ✔ We ensure minimal disruption to existing operations, making integration hassle-free. |
Enhancing Client Success in Canada
| Category | Potential Questions | Updated Response |
| Commitment to Client Success | How does IFSG help immigration consultants take their client care to the next level? | ✔ IFSG provides essential FS&R that complement immigration services, ensuring clients are financially prepared for life in Canada. ✔ Our partnership demonstrates true commitment to a client’s long-term success, going beyond just visa processing. |
| Client Support Beyond Immigration | What happens after a client arrives in Canada? | ✔ Immigration services may end, but the newcomer’s journey is just beginning. ✔ IFSG provides continued support through tailored FS&R, helping them build financial stability, protect their assets, and achieve long-term goals. |
| Reputation & Client Trust | How does partnering with IFSG enhance an immigration consultant’s reputation? | ✔ Offering financial support demonstrates that you go beyond paperwork, strengthening your reputation as a trusted advisor who cares about the full settlement experience. |
| Increased Client Referrals | How does this partnership benefit immigration consultants in terms of business growth? | ✔ Satisfied clients refer others. ✔ When newcomers feel financially supported, they are more likely to recommend your services to friends and family. |
FS&R Solutions for Immigration Clients
| Category | Potential Questions | Updated Response |
| Financial Barriers for Newcomers | What financial struggles do newcomers face, and how does IFSG help? | ✔ Many newcomers lack credit history, struggle with budgeting, and are unfamiliar with Canadian financial systems. ✔ IFSG provides credit-building programs, financial education, and insurance to support them. |
| Credit & Loan Eligibility | How can IFSG help newcomers establish credit and access financial services? | ✔ We offer credit-building solutions and financial literacy programs that help clients quickly build a strong financial foundation for loans, mortgages, and credit cards. |
| Homeownership & Stability | Can IFSG help newcomers with buying a home? | ✔ Yes! We help clients prepare financially for homeownership, guiding them through mortgage options and savings plans. |
| Long-Term Financial Success | What kind of financial education does IFSG provide to newcomers? | ✔ IFSG offers workshops, webinars, and one-on-one coaching on budgeting, investments, credit management, and retirement planning. |
Compliance & Transparency
| Category | Potential Questions | Updated Response |
| Regulatory Compliance | How does IFSG ensure compliance with financial regulations? | ✔ IFSG strictly adheres to Canadian financial laws and industry regulations, ensuring all FS&R are compliant and trustworthy. |
| Client Data Protection | How does IFSG protect client information? | ✔ Client data is encrypted and securely stored in compliance with Canadian privacy laws, ensuring confidentiality and trust. |
| Revenue & Commission Transparency | How is revenue and commission calculated for referrals? | ✔ Revenue and commissions are based on successful client sign-ups, with clear monthly reporting and automated payout systems for transparency. |
Marketing & Business Growth
| Category | Potential Questions | Updated Response |
| Client Engagement Tools | What marketing and educational tools does IFSG provide? | ✔ IFSG offers co-branded marketing materials, client engagement tools, and financial education resources to help immigration consultants effectively introduce FS&R to their clients.✔ We provide webinars, brochures, and settlement checklists to facilitate informed decision-making for newcomers. |
| Referral Process & Business Growth | Will this partnership help me get more clients? | ✔ Yes! Satisfied clients will recommend your services to their networks, increasing client referrals.✔ Providing comprehensive support positions you as a trusted advisor in the settlement process. |
| National & International Reach | Is this partnership available to immigration consultants across Canada? | ✔ Yes, IFSG operates nationwide, ensuring immigration consultants in any province can offer these financial services to their clients. |
Additional Customization & Long-Term Value
| Category | Potential Questions | Updated Response |
| Custom FS&R Packages | Can IFSG create customized FS&R solutions based on my clients’ specific financial needs? | ✔ Yes, IFSG works with immigration consultants to develop tailored financial strategies that align with their clients’ unique financial needs and settlement goals. |
| Ongoing Industry Insights | How does IFSG stay up to date with financial trends affecting immigration consultants and their clients? | ✔ IFSG continuously monitors financial regulations and industry trends, ensuring our FS&R remain compliant and relevant for newcomers and Canadian residents alike.✔ We provide partners with updates and insights to keep them informed about changes that may impact their clients. |
Why This Update Matters
Footnote for Tables:
Definition of Licensed Business Partners:
When we refer to licensed business partners, we mean individuals or businesses that hold a valid financial advisor license and are authorized to provide financial solutions. This includes, but is not limited to:
| Non-licensed business partners may still participate in the partnership but are subject to regulatory limitations, including restrictions on commission splits. Alternative compensation methods, such as marketing bonuses or nonprofit donations, are available for non-licensed partners. |