{"id":78660,"date":"2020-08-24t12:00:34","date_gmt":"2020-08-24t16:00:34","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=78660"},"modified":"2020-08-31t21:10:18","modified_gmt":"2020-09-01t01:10:18","slug":"life-insurance-as-part-of-wealth-management","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/08\/24\/life-insurance-as-part-of-wealth-management\/","title":{"rendered":"life insurance as part of wealth management"},"content":{"rendered":"

\"businesspeople<\/a>it\u2019s not glamorous, but it\u2019s important.<\/strong><\/p>\n

by anthony glomski and russ alan prince<\/span><\/i>
\nyour $5-million high-net-worth practice<\/span><\/i><\/a><\/p>\n

a percentage of accounting firms have chosen to be compensated by delivering financial products \u2013<\/span> specifically investment management and life insurance. these firms see wealth management as a way to deliver greater value to clients. there are also solid business reasons for the decision, such as the profitability of wealth management practices, including the potential for consistent revenues.<\/p>\n

more:<\/b> mistresses, mister-esses and accountants<\/a> | the coming boom in tax services for the super-rich<\/a> | the seven simple steps to thrive in the covid crisis<\/a> | the three new business models delivering significant profits for accounting firms<\/a> |
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

the best wealth management practices \u2013<\/span> anywhere \u2013<\/span> tend to be all about developing a deep understanding of their clients\u2019 goals and concerns. with these insights, wealth managers evaluate how they can use the range of financial strategies and products to help their clients\u2019 achieve their agendas.
\n
\nput another way … the best wealth management practices are not selling. instead, they are determining the ways they can add value and then delivering those solutions. this perspective and approach regularly results in more assets under management and writing significant life insurance policies. these results also happen with less client friction. according to jody padar of new vision cpa group, \u201ca holistic approach to financial planning is key to meeting all of your clients\u2019 needs, and that includes insurance.\u201d<\/p>\n

a considerable percentage of wealthy entrepreneurs, for instance, have much of their wealth tied up in their companies. investment management, save for retirement plans, is not an option. on the other hand, there are many ways wealth managers can be of real service to wealthy entrepreneurs by adroitly using life insurance. very often, life insurance is the surest and most cost-effective way for you to provide …<\/p>\n