Posted: October 6, 2008

Basically, Advised PPVUL is a planning process using custom designed private placement variable universal life (PPVUL) insurance policies.  Advised PPVUL is:

• efficient, low cost, investment oriented, tax deferred, life insurance policies bearing no surrender fee
• an excellent wealth accumulation and wealth transfer planning tool
• not a traditional US life insurance policy (which normally bears high costs, high commissions, large surrender penalties, and often designed to lapse when needed most)

» Learn more about Advised PPVUL

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We Believe Advised PPVUL Sets the New Standard in Private Placement, How Can We Say That?

Posted: October 4, 2008

We believe that Advised PPVUL has much more to offer than traditional US life insurance policies. How is that?

Well, quite simply, the entire concept of Advised PPVUL was specifically designed by attorneys to be a flexible and efficient wealth accumulation and transfer tool and at the same time reduce the problem of lapsation. On the other hand, most traditional US life insurance policies are too rigid, expensive, and limited by design. Think about it – when was the last time you were able to speak directly to an attorney or advisor at a US life insurance company to work out a customized life insurance policy?

WMC will help you, the advisor, to become an expert in Advised PPVUL – a life insurance solution that finally offers your clients the privacy, protection, and efficient wealth accumulation and wealth transfer tools they deserve.

» View the 22-minute Advised PPVUL Intro Course web video now!

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Is Advised PPVUL Appropriate for Your Practice?

Posted: October 4, 2008

• Do you currently advise High Net Worth (HNW) clients?
• If not, do you wish to develop your skills and knowledge through education to attract HNW clients?
• Are you willing to invest some time and money to hone your skills and knowledge to be able to better serve HNW Clients?
• Do you appreciate (or are you willing to learn to appreciate) the paradigm shift in thinking regarding customized Advised PPVUL planning and products vs. traditional  US life insurance products?

» Learn How Advised PPVUL Can Enhance your HNW Client Toolkit In 4 Simple Steps

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Addressing the Dual Stigmas of "Life Insurance" and "Offshore" through Education

Posted: December 26, 2008

The WMC team understands that a stigma exists in the professional community in that traditional US life Insurance has historically been considered to not be a good investment.  However, we believe the problem is in the pricing and design of traditional US life insurance products, not life insurance per se, and we strongly believe education about life insurance, and an open mind, can reduce or eliminate the stigma. 

Education is equally important regarding the issue of "offshore".  While many PPVUL insurance companies are licensed outside of the US for policy design flexibility,  many have designed their company to be taxed US ( the so called 953(d) election). Their PPVUL policies are also painstakingly designed to be US tax complaint, policy assets are placed in a segregated account with well recognized US custodians, with well recognized investment advisors managing the assets, and  with numerous bank signature authority safeguards in place regarding withdrawal of policy funds from the US custodian or bank.  As a result, through education and study, professionals are beginning to ask what is "Offshore"  about Advised PPVUL?
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Meet the WMC Team

Posted: October 3, 2008

PETE MOISON, JD
Direct Phone:  303-895-1681 Email: pmoison@castlere.bm

In addition to being part of the WMC team, Peter R. Moison is a shareholder of the firm of Katz Look & Moison, P.C. in Denver, Colorado. His areas of practice are; estate planning, business tax planning, real estate law and insurance law. 

He attended Virginia Polytechnic Institute and State University he graduated with a Bachelor of Science degree in 1976. He then went to law school at the University of Denver and graduated in 1984.

Pete is a member of the Colorado Bar Association.  Pete is also a co-founding shareholder of Castle Re Insurance Company , Ltd. a Bermuda licensed, segregated account life insurance company.

ALAN JAHDE, JD, LL.M (taxation)
Direct Phone: 303-782-0004 Email: ajahde@castlere.bm

In addition to being part of the WMC team, Alan is also a co-founder of the Denver law firm of Anderson & Jahde, P.C., Alan Jahde’s primary areas of his tax law practice include international income and estate tax planning, captive insurance company formation for alternatives for liability cover, asset protection planning, foreign life insurance planning, charitable planning, and defined benefit pension planning. He is also a co-founder of Castle Re Insurance Company, Ltd. a Bermuda based long term life insurance carrier.

For the past twenty-five years, Alan has developed expertise in the areas of offshore life insurance products, offshore trusts and related international structures. His work has been featured in such publications as Business Week, Worth Magazine, Journal of Financial Planning, and Journal of Asset Protection.

Jahde received a bachelor's degree in business from the University of Nebraska in 1975, a Juris Doctorate from the University of Georgia in 1979, and an LL.M., Masters of Law in Taxation, from the University of Denver in 1987. He participates as an instructor in the Graduate Tax Program, Continuing Legal Education Division, at the University of Denver and other continuing education sponsors where he lectures on Advanced Estate Planning, Asset Protection Planning, and Life Insurance Planning. Alan is a member of the Taxation and Trust and Estate Sections of the Colorado Bar Association. He is also a member of the American Bar Association including the Real Property and Probate and Trust Section, the Taxation Section, and the ABA’s Law Practice Management Section. Alan is the past program chair and past President of the Centennial Estate Planning Council.

Alan is also a co-founding shareholder of Castle Re Insurance Company , Ltd. a Bermuda licensed, segregated account life insurance company.

ROGER DUNKER, CLU, ChFC, LLIF
Direct Phone: 303-635-6329 Email: Rogerdunker@aol.com

In addition to being part of the WMC team, Roger Dunker currently also serves as a Managing Principal for Insigne Consulting and is an advisor to the board of directors of United Securities Alliance, Inc., a NASD,SIPC, 50 state broker-dealer. Prior to joining Insigne, Mr. Dunker served in various executive positions in the banking and insurance industries, most recently serving as Managing Director of First Union (Wachovia) Insurance Group and as President and CEO of KeyCorp Insurance Management Group (KIMG.) Prior to his banking experience, he was president of the three (3) life insurance companies of publicly traded (NYSE) Life Partners Group, headquartered in Denver, CO. Prior to that, Mr. Dunker was president of Prudential Select Life Insurance Company of America in Newark, NJ.

Mr. Dunker received his bachelor’s degree from the University of Iowa College of Business, and his MBA from the University of Detroit, where he was inducted into Beta Gamma Sigma, an honorary national business fraternity of academic excellence. He is an NASD Registered Principal, a Chartered Life Underwriter, a Chartered Financial Consultant, and a LIMRA Life Institute Fellow. Mr. Dunker as been an industry leader in strategically positioning Private Placement Life Insurance and annuities through non-traditional delivery systems and is a frequent speaker at industry association meetings and conventions. He is active in many banking and insurance industry trade associations, including LIMRA’s National Brokerage committee, where he served as its chairman. He has also served as a board member of the American Bankers Insurance Association and has served as a board member of the National Association of Banks-In-Insurance.

PATRICK SUTHERLAND, FSA, FCA, MAAA
Direct Phone: 704 965-5581  Email: patricksutherland@insigneconsulting.com 
 
In addition to being part of the WMC team, Mr. Sutherland currently also serves as a Managing Principal for Insigne Consulting, providing investment banking consulting, actuarial consulting and private placement variable insurance product development services to insurance companies, banks, broker-dealers, and various business entities. Prior to joining Insigne, Mr. Sutherland served as president, FINOP, and a member of the board of United Securities Alliance, Inc (USAI), a NASD, SIPC, 50 state broker-dealers. Mr. Sutherland and his team acquired a 48% interest in USAI and grew the firm from $6 million in revenues and $100 million in client assets to over $30 million in revenues and $400 million in client assets in 5 years prior to merging the firm with AIG/Royal Alliance, Inc in March 2007. Prior to USAI, Mr. Sutherland served as a Vice President and Chief Actuary with Wachovia/First Union National Bank (First Union).

While at First Union, Mr. Sutherland and his team spearheaded the acquisition of over $500 million of assets. Mr. Sutherland also created variable life insurance products (both registered and private placement) for the bank’s private client group. Additionally, he created and led major strategic alliances with various hedge fund and alternative investment groups within the bank. These initiatives resulted in over $3 billion of insurance product sales. Prior to joining Wachovia/First Union National Bank, Mr. Sutherland served as Director of Business Development for American General Life Companies (AG). While at AG, Mr. Sutherland created five variable life insurance products (both registered and private placement). Prior to joining American General, Mr. Sutherland served as a VP/Actuary at Life Partners Group/Conseco. Before that, he was Director of Product Development at Providian Capital Management (AEGON, USA).

Mr. Sutherland has over twenty years experience in the insurance, banking, securities and Financial services industry. He is a past Commonwealth Scholar, with a Bachelor of Science degree (First Class Honors) in Mathematics and a double minor in Computer Sciences and Economics from the University of the West Indies. He also obtained his Masters degree in Actuarial Science and Finance from the University of Waterloo, Ontario, Canada. Both of these degrees were obtained “with highest honors.” Mr. Sutherland is a Fellow of the Society of Actuaries (SOA), a Fellow of the Conference of Consulting Actuaries (FCA), and a member of the American Academy of Actuaries. He has spoken at numerous industry and association meetings, as well as published a research paper in the Institute of Insurance and Pension Research in Canada. Mr. Sutherland is a Registered General Securities and Financial Operations Principal with the NASD and holds the NASD series 6, 7, 24, 26, 28, and 66 and is a Registered Investment Advisor.

James M. Price

Direct Phone: (847) 874-7186  Email: jprice@castlere.bm 

Over the past thirty years Mr. Price's business career has been focused on wealth planning for high net worth individuals, initially through his benefits consulting practice (16 employees and two Enrolled Actuaries) and an affiliated life insurance agency operation. He served as President and general manager of the combined companies. In 1979 he and his partner merged their companies into Arthur J. Gallagher & Co. where he served as a senior officer, business segment manager, and member of the Gallagher Managers' Committee. In 1987 he became an investor and senior officer in a private investment group established to acquire companies in the financial services industry. Mr. Price also formerly served as Sr. Vice-President of Credit Life of Springfield and was appointed President of its subsidiary annuity company.

Since 1991 he has directed his attentions toward the formation and marketing of offshore group captive reinsurance companies. During the past eight years his efforts have been aimed at solving the income and estate tax problems facing the owners of these profitable offshore captives as well as other individuals world-wide struggling with the planning dilemmas associated with high net worth. During such time Mr. Price has worked with several large, well-established international life insurance and reinsurance companies domiciled in the USA, Switzerland, and Bermuda in designing life insurance policies that comply with the United States tax laws and regulations.

Jim is a co-founding shareholder of Castle Re Insurance Company, Ltd. a Bermuda licensed, segregated account life insurance company. 

Learn more about WMC's Preferred Insurance Carrier

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