 The answer is simple. By doing so, you're essentially taking away their payments for your life. As long as you remain their client, they continue to receive fees as long as you live. It's a steady source of income for them. Hence, you are their annuity. But here's the thing, folks. Do you really want to be your broker's annuity, essentially providing them with income for life while taking on market risks with your hard-earned money?