Hedge Fund Investors Turn to Private Placement Life Insurance as Tax Concerns Increase
Sep 29, 2016, 11:00 ET
NEW YORK, Sept. 29, 2016 /PRNewswire/ -- Approximately 100 hedge fund advisors, high net worth investors, and family office representatives registered for a panel discussion to learn the intricacies of private placement life insurance. The event was held September 24th at the Edition Hotel in New York City.
Panelists included representatives of Lombard International Assurance (A Blackstone Company), SkyBridge Capital, and Schechter Wealth. Schechter Wealth Managing Director Aaron Hodari CFP®, CIMA®, and Wealth Advisor Megan Sandler brought a unique combination of hedge fund experience, advanced life insurance design, and tax planning to the discussion.
"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.
SOURCE Schechter Wealth
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