Client Profile

Business Owner

60-year-old business owner located in midtown Manhattan. Stable, below-the-radar, second generation manufacturing and distribution company. Married with three adult children, all of whom are married with children of their own.

Discovery

Intelligent, common-sense, conservative, family-focused financial mindset. Wanted to retire with a comfortable income from assets while keeping asset shrinkage to a minimum. Other important goals included setting aside significant gifts for the kids and grandkids, financing large family one-of-a-kind vacations, and extensively remodeling their new primary residence in Florida.

Solution

A multi-tiered investment portfolio that included managed stock accounts, overfunded life insurance as a bond equivalent, and selected AAA+ annuities with a guaranteed lifetime income. This custom combination of activities generated a significant percentage of tax-free income which, 15 years later, has allowed his net worth to experience zero shrinkage.

City skyline of various skyscrapers.
Does this sound similar to your current financial scenario?

View More Client Profiles

Every financial planning situation is unique. Are you looking for an advisor to guide your decisions? Please get in touch.