HIGH NET WORTH INSURANCE STRATEGIES

High Net Worth (HNW) clients -- individuals, families and business owners with liquid assets of $5,000,000 or more -- have unique needs requiring specialized solutions.

Risk management is the cornerstone of financial planning. Without contingency plans in place to reduce and manage risk, the most elaborate financial, retirement or estate plans may be inadequate.

We provide the insurance strategies to complement more sophisticated financial and estate planning, philanthropic planning and investment management of HNW clients.  Furthermore, we will work with your attorneys and accountants to ensure that all of your financial strategies are coordinated and leveraged.

HNW INSURANCE STRATEGIES


Premium Financing


  • May be appropriate for some clients. An individual consultation would  determine if it's a suitable strategy for your unique situation.



Corporate Owned Life Insurance (COLI) and Bank Owned Life Insurance (BOLI)


  • May help banks and businesses to:

    • Reduce employee and executive benefit costs
    • Manage asset-liability, potentially strengthen shareholder value, address plan participant retirement needs and meet pension guidelines


  • Appropriate for High Net Worth (HNW) business owners; professionals such as doctors and attorneys; owners of S-Corporations, C-Corporations, Sole Proprietorships, Partnerships, Limited Liability Companies and Banks
  • These strategies may offer tax-advantaged retirement income for clients who:

    • Have maximized contributions to qualified retirement plans
    • Want to protect assets from personal creditors
    • Have a business that can afford annual contributions of $100,000 or more
    • For consideration when Defined-Benefit or Non-Qualified Deferred Compensation plans may not help clients manage their tax exposure





PLEASE CONTACT ME ANYTIME TO DISCUSS HOW YOU, YOUR FAMILY OR YOUR BUSINESS MIGHT BENEFIT FROM THESE AND OTHER HIGH NET WORTH INSURANCE STRATEGIES.  I MAY BE REACHED AT (973) 227-8800, X 7563.