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TRUST OWNED LIFE
INSURANCE (TOLI) MANAGEMENT SERVICE
THEInsuranceAdvisor.COM (TIA) has been selected, along with NFP
Securities, Inc. and Private Client Group, to provide comprehensive
trust-owned life insurance (TOLI) management services to The New
York Banker’s Association’s Member Banks. “While our members have
been approached by many other providers, NFPSI and TIA were selected
because they bring the whole turn-key package; they can work with
any TPA, and they bring empirical product research.
THEInsuranceAdvisor.COM (TIA) is the
only patented, online and objective source of independent research
for the pricing and performance of life insurance products. TIA’s
mission is to provide financial advisors with the information
necessary to make informed and prudent decisions in the management
of life insurance policies and portfolios for their clients through
a variety of Internet‑based, software and in‑print products.
With as much as $1
Trillion estimated to be held in irrevocable life insurance trusts (ILITs),
and with the overwhelming majority of these trust-owned life
insurance (TOLI) holdings having been neglected for years, the
market for comprehensive TOLI management services is now emerging,
and if history repeats then it will grow substantially over the next
decade. The key to the TOLI market is found in the 3 essential
ingredients prescribed by the Uniform Prudent Investor Act (UPIA).
Click
here to learn about the tools, resources and products
needed to help trustees understand these 3 essential ingredients and
support the ILIT trustee in these 3 duties required under the Act.
For more information about
THEInsuranceAdvisor.COM, please contact:
TheInsuranceAdvisor.com
Barry D. Flagg
1301 W. Fletcher Avenue
Tampa, FL 33612
(813) 908-8242
Website:
www.theinsuranceadvisor.com
Steven Zeiger, SBG Private
Client Group
917-750-6201,
Szeiger@finsvcs.com
Gus Kananis
Director, NYBA Field Marketing
(518) 434-3556 |
