We are on a mission...
To fix a flawed distribution channel that costs 20,000 70+ HNW households more than $9 billion a year on $50 billion of cash value life insurance that they could sell but instead lapse, by professionalizing, simplifying, and applying true fiduciary standards to the process and, most importantly, actively engaging fiduciary wealth advisors in the transaction with their clients.
The net value of "life settlements" to sellers has long been severely constrained by ethically-challenged, rent-seeking brokers that function like a black market on the periphery of the life insurance industry. An industry whose interest is diametrically opposed to that of policy owners who no longer want what was sold as an investment. It's predatory, expensive, and rife with moral hazards and conflicts. It's dysfunctional by design.
But, with you, the fiduciary wealth advisor, we're fixing it, to the great benefit of your clients.