Why De-Risking Your Business Succession Plan Is Key For Owners For many business owners, succession planning is one of the most important business discussions that never seems urgent until it is. That’s because it forces owners to contemplate uncomfortable scenarios: What happens if I die unexpectedly? What if I become disabled? What happens to...
Read More >>From Financial Professional to Quarterback: Coordinating the Business Owner’s Advisory Team
From Financial Professional to Quarterback: Coordinating the Business Owner’s Advisory Team Spend time at a modern hospital, and you’ll quickly notice a remarkable workflow by the medical professionals in the building. Patients are not seen over and over by the same physician. Instead, a team of cardiologists, radiologists, pharmacists, nurses, and other specialists all...
Read More >>Creating Confidence for the Future: The Role of Strategic Insurance
Creating Confidence for the Future: The Role of Strategic Insurance Many clients understand the importance of the accumulation phase of building wealth. They’ve maximized their 401(k), built a diversified portfolio with the guidance of a financial professional, and are working toward their retirement goals. However, what many haven’t done is stress-test that wealth against...
Read More >>One Risk, Two Realities: Protecting Income During Life and Security After
One Risk, Two Realities: Protecting Income During Life and Security After When clients sit down to discuss building wealth, the focus usually revolves around growth, market performance, retirement timelines, and tax efficiency. What often goes undiscussed is the true engine behind it all: income. Before a client can invest, save, or retire comfortably, they...
Read More >>Common Mistakes Families Make During Wealth Transfer Planning
Common Mistakes Families Make During Wealth Transfer Planning Financial advisors spend years — even decades — watching their clients build something worth passing on. Whether it’s a successful business, a growing portfolio, or valuable real estate, getting a front row seat to this legacy-building process can be one of the most fulfilling parts of...
Read More >>The Missing Piece in Wealth Plans: Integrating Life Insurance for Maximum Impact
The Missing Piece in Wealth Plans: Integrating Life Insurance for Maximum Impact Financial advisors are comfortable having many different kinds of conversations. They can confidently discuss asset allocation, tax-loss harvesting, Roth conversions, and legacy planning. But ask them to talk about life expectancy — and many start to hesitate. That hesitation can be costly....
Read More >>Insure Your Love: Because Love Plans Ahead
Insure Your Love: Because Love Plans Ahead February is a time of love, and in the world of life insurance, that translates to insuring that love and protecting the people we love the most. It’s a natural reminder to pause and ask, “If something happened tomorrow, would my loved ones be okay?” That simple...
Read More >>Life Check: Does Your Client’s Policy Still Fit Their Life?
Life insurance isn’t “set it and forget it.” It’s a living part of a client’s overall financial plan. Implementing a regular policy review process helps you and your client confirm whether the policy is doing what it was designed to do — or reveal smarter ways to protect what matters most. Now that we’re...
Read More >>How to Have More Effective Long-Term Care Conversations With Clients: Insights From Nationwide’s LTC Experts
Families know that long-term care (LTC) is a topic that must be discussed — but it’s often avoided until there’s an urgent need for a family member. That’s why, since 2001, November has been considered Long-Term Insurance Care Awareness Month: to inspire more people to plan sooner. Americans are living longer than ever before,...
Read More >>The Great Wealth Transfer — Opportunities and Solutions
The number of Americans seeking financial guidance is growing by the day. According to a report from Northwestern Mutual, 28 percent of Gen Z started seeing a financial advisor over the past year. For advisors, there could be no better news. Today’s potential clients span the entire spectrum: from young adults who are just...
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