Unmatched breadth and depth of experience and a track record of doing things very differently.
And alone.
It would have been easier for us to have simply gone along. To have played the game. It would have been financially rewarding to participate in the obfuscations and favorable economics of the incumbent distribution channel that takes so much of your client's money. To have done what others have done for 20 years, hiding behind specious claims of being fiduciaries while charging 30% fees.
But, we're not wired that way.
We are, instead, on a mission to disrupt and replace 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.
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.
The differences aren't for everyone
Not everyone wants to work with us. Those who prefer the egregious commission structure of the incumbent channel are not fans. And we are ok with that. In fact, we prefer it, as we only wish to work with those who take their responsibility to serve the interests of their clients and we take our responsibility to enable you to deliver for your clients.
So, if you're wired like we are, we’d love to work with you.
HNW/UHNW RIAs
We are engaged by 10+ Top 50 RIAs (HNW & UHNW) managing >$900B AUM, and several others of various size and client mix. We are happy to provide references, upon request.
Life Insurance Professionals
A growing universe of the largest, most sophisticated and client-focused insurance agencies/producers in the country, who previously engaged life settlement brokers.
Fiduciaries
A number of trustees, trust banks, and Trust & Estate attorneys have engaged us to assist them with settlements, recognizing how superior our approach is for their clients.