"As high net worth investors have continued to increase their exposure to alternative assets, they have recognized the tax inefficient nature of those assets," said Hodari. "Private Placement Life Insurance and Annuities offer an attractive vehicle to own those assets in a tax efficient manner. The industry is growing rapidly."
About Schechter Wealth: Schechter Wealth is a boutique third generation wealth advisory firm. For over 75 years, our multi-disciplined team consisting of one or more JDs, CPAs, LLMs, CLUs, PFSs, CAPs, MBAs, CFA® charterholders, CFP® practitioners, and CIMA® consultants have been quietly advising wealthy families on financial matters including: institutional quality investment advisory services, advanced life insurance planning, private placement life insurance, income and estate taxes, business succession, and charitable planning.
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SOURCE Schechter Wealth