A sophisticated insurance program should be part of any comprehensive financial plan. Properly structured, it will enhance financial security while reducing risk. That means more than just having life insurance or disability insurance. It means understanding how insurance fits into your overall wealth management strategy.
For some of our clients, insurance is simply a backstop for catastrophic events. For others, it can provide an income stream, a savings mechanism, a wealth transfer option and more. Your goals and risk tolerance will help us determine what types and how much insurance you’ll need for a sense of security over time.
At Catalyst Wealth Advisors, we consider every aspect of your financial life and often find areas in which insurance can complement your larger portfolio. The range of possibilities varies but, considered carefully, the right insurance program will provide a level of security that no other type of investment can match.