MDRT Information
Why MDRT?
Success in today's financial services profession requires a relentless pursuit of continuous improvement, operational efficiency and inner strength.
Successful financial services professionals ask themselves:
- What can I do to increase and improve my productivity, client service and retention, effectiveness and practice management activities?
- Where can I exchange ideas and network with other successful practitioners in my profession from around the world?
- How can I add more value to my relationships with clients?
- Where can I receive the highest level of recognition and affirmation for my professional achievements?
- How can I grow as a person and enjoy a more meaningful life?
Since 1927, successful advisers have found the answers through membership in MDRT, The Premier Association of Financial Professionals.
MDRT opens the door to a world of new ideas. It is the internationally recognized standard of excellence in the financial services profession.
MDRT provides solutions and resources to enhance your professional and personal life.
Productivity
MDRT offers the best resources available to enhance your productivity, grow your business and elevate your service capability to clients.
Members have access to other successful members, the Annual Meeting, Round the Table magazine, MDRT educational products and the multitude of resources available in the members-only section of MDRT’s Web site.
Profitability
MDRT's resources and practice management strategies help you keep more of what you earn by operating your practice more efficiently and effectively.
Professionalism
MDRT's Code of Ethics set the standard.
Members achieve the pinnacle of success while maintaining the highest levels of ethics and client service.
Prestige
MDRT members represent the world's best financial services professionals.
Personal Growth
MDRT promotes the Whole Person concept. By paying attention to all aspects of life, members live more meaningfully, avoid burnout and extend their productivity into the future.
Pride of Purpose
MDRT reinforces the significance of what you do on behalf of your clients.
MDRT Benefits and Advantages
Ideas, Ideas, Ideas.
MDRT is the world's premier forum for the exchange of financial planning ideas, concepts and techniques.
Annual Meeting.
The Annual Meeting provides the motivational and educational experience that keeps thousands of members from around the world coming back each year.
Career-Enhancing Education.
MDRT provides opportunities to gain new and unique insights into all aspects of the business, leading to greater success.
Networking.
Members develop lasting friendships with peers around the world.
Motivation.
Members challenge and encourage one another to achieve their personal best. MDRT’s Court of the Table and Top of the Table serve as additional incentives to increase productivity.
Leadership.
Volunteer involvement helps members grow as business and community leaders.
Testimonials
"It is an unbelievable resource of education, motivation and practice building ideas. MDRT represents the pinnacle of financial planning advisers in the world. It gives me the opportunity to mix with like minded professionals from over 60 countries"
Graham Poole – 30 year member
"I enjoy meeting very successful advisers from many countries who are prepared to share and educate their formulas for success. Also MDRT keeps me motivated and enthused during the year"
Darryl Elsley – 34 year member
"MDRT has lifted my business to a much higher level of production. Most of my sales and marketing successes came from MDRT. My financial planning business would not be where it is today without MDRT"
Phil Campbell – 18 year member
"MDRT allows me to learn from the best in the industry. They provide excellence in practice management, cutting edge sales ideas, whole person quality of life, business insurance, motivation and inspiration."
Godfrey Phillips – 21 year member
"My association with MDRT has had a major influence on both my business and personal life. From a business sense MDRT has broadened my vision and taught me the strengths of discipline. Personally, MDRT has taught me that a successful life away from business, through family and friendship is more important than any business achievement."
Ross Vanderwolf – 22 year member
Speaker Bureau
MDRT Australia's Speakers Bureau is an outstanding resource with a variety of speakers for your next conference, meeting, professional development day, special function and corporate event.
Membership Criteria
MDRT, a positive influence in the financial services industry, has developed a rich tradition of sharing knowledge for the benefit of clients, advisers and Life Companies/Fund Managers and Dealer groups.
The challenge to attain and maintain membership in MDRT is really an open invitation to all financial services professionals.
The MDRT fills a special requirement sought by the many who join its ranks. That special requirement is sales and service excellence!
MDRT membership is a coveted career milestone.
It indicates achievement and brings deserved recognition for the individual.
For many, MDRT opens the door to a new world of knowledge, motivation and professionalism.
There are three designations of MDRT membership.
- Entry Membership (MDRT),
- Court of the Table (COT) and
- Top of the Table (TOT).
Set out below is the MDRT entry membership requirements that have been expressed in Australian Dollars.
MDRT New Business Commission/Fee Requirements
| 2010 Production | Commission/Fee | Premium Credit | |
|---|---|---|---|
| MDRT | $110,300 | Or | $220,600 |
| Court Of The Table | $330,900 | Or | $661,800 |
| Top Of The Table | $661,800 | Or | $1,323,600 |
These production figures are based on new business submitted and completed in 2009 including unlimited credits on life and superannuation business with limited credits on managed funds.
Most important – to qualify as an MDRT member, you must be a member of a professional services association such as the AFA or FPA.
Request for Membership Application Form (Acrobat PDF File) | Online Application Form
Membership Requirements Information Booklet 2009
Membership Requirements Information Booklet 2010
For further information or assistance with your application please email service at mdrtaustralia dot net
