My mind is analytical and I love it when someone dives deep into an industry looking for ways to improve it. You have certainly done that with your approach. You did a great job explaining to us why your firm is structurally different from the brokers we used in the past and I appreciate that and agree with your approach. We'll help many families together.
Founding Partner
$10B in-force specialty insurance advisor ($350B RIA)
SIMPLY DOING THE RIGHT THING. ALONE.
EVERY TIME FOR EVERY CLIENT.
We have a simple mission
It really isn't rocket science. It's not alchemy. We started with a simple desire to do the right thing for our clients so that you can do the right thing for your clients. And that philosophy, combined with our capital markets and life settlement experience, is the foundation of how we engage you and ensure the best possible experience and maximum proceeds for your clients.
Every time.
It would have been easier for us to have simply gone along. To have played the game. It would have been financially rewarding much earlier to participate in the obfuscations and favorable economics of the incumbent distribution channel, but, we're not wired that way.
We are, instead, on a mission to disrupt and provide an alternative to a badly broken distribution channel whose members have for years placed their economic interests ahead of those of their clients. And it is manifest in how we engage you and the market, the results that we help you get for your clients, and how we charge for our service.
Extensive capital markets and other financial services experience
30+ years combined life settlement experience
10 years engaging the top wealth management firms in the world
Boldly different, highly focused
It really isn't rocket science. It's not alchemy. We started with a simple desire to do the right thing for our clients - fiduciary wealth advisors and principled, Best Interest-oriented life insurance professionals - so that you can do the right thing for your clients. And that philosophy, combined with our capital markets and life settlement experience, is the foundation of how we engage you and ensure the best possible experience and maximum proceeds for your clients.
Every time.
Transparency
You are in the bid room, seeing every interaction with stakeholders, not relying on our descriptions of engagement or characterizations of demand; all activity and bids are logged, creating a full audit trail.
Smarter Price Discovery
Comprehensive, blind, best-and-final, ("private value") auction ensures higher gross winning bids than "common value" auctions, which reward bargain hunting, anchoring the winning bidder to the second highest bidder, not their true value.
Equitable Compensation
7.5% of the gross proceeds less the cash surrender value (min of $12,500) vs. brokers' >30% (often confusingly described as a % of face value - do not be fooled). When our licensed broker is in the transaction, we add 1% additional fee.
Simplicity, Expediency
We remove all the non-value-add steps that brokers use to create the illusion of complexity, but that ultimately serve only to prolong the process, resulting in a much faster time-to-understanding what your client will receive (<2 weeks) and funding in 60 - 75 days, not 120+.
Respect for You
You are engaged throughout the process and we do not waste your time or insult your intelligence with misleading descriptions of superfluous activities to justify an otherwise indefensible commission or defend an opaque, prolonged process.
Secure
All document sharing and storage takes place on an encrypted ShareFile platform, ensuring maximum security of all client information; no e-mail.
Enabling advisor confidence in a long eschewed, but high-value, transaction.
An efficient, expeditious, professional engagement. Active advisor engagement and an audit trail. Comfort that counterparties are all vetted and reputable.
01
Full, Real Transparency
We are an advisor to you. You are in the bid room, seeing every interaction with stakeholders, not relying on our descriptions of engagement or characterizations of demand; all activity and bids are logged, creating a full audit trail
02
Smarter Price Discovery
Comprehensive, blind, best-and-final, auction ensures higher gross winning bids than broker "negotiations," which reward bargain hunting, enabling the winning bidder to anchor their bid to the second highest bidder, not their true value
03
Simple, Transparent Fee
7.5% of the gross proceeds less the cash surrender value (min of $12,500) vs. brokers' >30% (often confusingly described as a % of face value - do not be fooled). When our licensed broker is in the transaction, we add 1% additional fee
04
Efficient Execution
We remove all the non-value-add steps that brokers use to create the illusion of complexity (e.g., we do not get 3rd party LE reports), resulting in a much faster time-to-understanding what your client will receive (<15 days vs. 90) and funding in 60 - 75 days (vs. 130+)
05
Respect for You
You are engaged throughout the process and we do not waste your time or insult your intelligence with misleading descriptions of superfluous activities to justify an otherwise indefensible commission or defend an opaque, prolonged process
06
Safe, Secure
All document sharing and storage takes place on an encrypted ShareFile platform, ensuring maximum security of all client information; no e-mail and we only engage highly-vetted, sophisticated buyers - no fringe capital.
