 |
About Us
View Management Team Bios
Company
Background
Advanced Settlements, Inc. is one of the largest life settlement companies in the nation. The company works with financial professionals, attorneys and charitable organizations to obtain multiple offers on the secondary market in pursuit of the highest possible life insurance settlements for our clients. The company is committed to educating the financial marketplace about life settlements and to helping to steer the course of prudent regulatory activity.
Corporate Vision
Recognizing that many individuals over the age of 70 experience lifestyle changes where large life policies may no longer be necessary, Advanced Settlements saw an opportunity to create a forum for these individuals to potentially sell these policies for more than their cash value. This senior life settlement service has become extremely valuable to those with estate planning issues. Please keep in mind that
like any financial strategy, there is no single solution for every person and the sale of a policy could have an impact on any existing estate planning, insurance planning, and tax planning the client currently has in place.
Management Team
Our management team is lead by Sean McNealy, Scott Kirby and Matt Ganovsky, co-presidents of Advanced Settlements, Inc. Our seasoned group of executives (comprised of the three co-presidents and senior management team) have more than 40 years combined experience in the industry, several of whom were among the first to handle life settlement transactions in the late1990s. Click
here to review professional bios of our corporate executives.
Funding Relationships
Advanced Settlements has developed relationships with
institutional investors in the Life Settlement industry. Similar to underwriting
a life insurance policy, each case is introduced to various funding companies – thereby
broadening the opportunity for multiple offers in pursuit of a competitive
cash settlement for each policy.
Multiple Channel Marketing
In order to educate the marketplace about the availability of this financial
product and to identify senior policyholders interested in a Life Settlement,
Advanced Settlements markets it services through a variety of channels as explained
below.
We believe that selling one’s life insurance policy as part of
a broader financial planning strategy is often a prudent financial decision,
but nonetheless a significant step for the policyholder. That’s
why we encourage seniors to seek professional guidance when considering
this transaction.
• CPAs
• Estate Attorneys
• Insurance Agents/Brokers
• Financial Planners/Registered Reps
|
|
|
AS-2 |
 |
|
Home | About | Contact | Sitemap | Privacy | Policy Evaluator | Advantages and Opportunities
Compliance | Life Settlement Quote | Learning Center | Applications and Forms | Links
© 2001-2010 Advanced Settlements, Inc. All Rights Reserved.
This website is intended for insurance and financial professionals only, and not for use for the general public. This advertisement does not apply to variable life settlements. Variable life settlements are settled through our BD affiliate. Life Settlement amounts are based on numerous factors. Actual results will vary. According to our internal statistics, the average purchase price obtained by viators through Advanced Settlements, Inc. (from January 1, - June 30, 2009) is on average approximately sixteen percent of the face amount of a qualified life insurance policy. Some or all of the proceeds of a life settlement may be taxable under federal or state income tax laws. Advice from a professional tax advisor is recommended. Advanced does not give legal advice and clients should consult with a legal advisor prior to entering into a life settlement. The number of bidders for a policy may be limited; proceeds from sales of similar policies may vary and may be subject to claims of creditors. Receipt of proceeds may impact eligibility for government benefits and entitlements. Prior to sale, the insured should consider the continued need for coverage, impact to estate plans, availability of insurance, cost of comparable coverage or tax implications. There may be high fees associated with the sale of a life settlement. Securities offered through securities licensed representatives of NFP Securities, Inc., a Broker/Dealer and Member FINRA/SIPC. Advanced Settlements is an affiliate of NFP Securities, Inc. and a subsidiary of National Financial Partners Corp., the parent company of NFP Securities, Inc. Advanced Settlements, Inc. (or its principals) is an authorized broker or producer in all states where life settlements are regulated, except Montana and Vermont.Pat Summerall and his experience with life settlements may not be representative of other clients. Mr. Summerall’s representation does not imply or guarantee any particular performance returns. Mr. Summerall was compensated for his endorsement.Location and mailing address: Advanced Settlements, Inc., 2101 Park Center Drive, Suite 220, Orlando, Florida 32835. phone: 1-800-561-4148. The Advanced Settlements, Inc. Website is currently not approved in the states of Idaho, Iowa, Louisiana, and Oklahoma. If you have any questions about the Advanced Settlements website please contact David Rodriguez at 1-800-561-4148 ext. 1112 |
|
|
|
