Welcome to First Protective's Asset and Wealth Management Team!

What is asset and wealth management?

Asset and wealth management (also sometimes called wealth transfer) can be defined as repositioning a client's existing assets to provide solutions for long term care, passing a tax-free death benefit to heirs, or life policies in jeapordy of lapsing or no longer suitable for the client.

What are considered existing assets suitable for asset and wealth management?

Existing assets could include CDs, annuities, cash value from life insurance policies, savings, money market funds, etc. Consider funds that aren't needed for current or future income.

Who is a suitable client for asset and wealth management?

Clients ideally between the ages of 55 and 76 (max age is 85) with idle assets of $10,000 or more and are active, independent and financially secure. Clients that are concerned with safety of funds in order to alleviate loved ones of future medical costs and final expenses.

How can First Protective help you grow your asset and wealth management business?

First Protective's line of asset and wealth management products work with single-premium funds that can offer a simplified issue process and simplified underwriting to less healthy clients or clients who do not want to go through full underwriting.