The roots of Advanced Financial Solutions, Inc. reach back over 30 years, and its mission addresses the current, keen paradox of striving to achieve full compliance in tax transparency while also providing clients both privacy and tax savings.
How do we accomplish this?
By diligent, worldwide tax research, and scrupulous attention to clients’ individual needs.
We specialize in insurance solutions to achieve our results, because in most countries the use of insurance is well-established and straightforward to implement. Within the insurance structures we create, we can usually accommodate most asset classes, and the assets can be located worldwide.
We are proud to be included in the Wikipedia article on Private Placement Life Insurance in the References and Additional Resources section with a link to our website in note number five.
We are referenced as an example of Expanded Worldwide Planning (EWP). For a visual display of a typical structure, we have contributed a chart to Wikipedia Commons.
Private Placement Life Insurance (PPLI) is essentially an insurance transaction that occurs within a private placement offering. The private placement component adds extensive flexibility to pricing and asset management offerings. Because PPLI is sold through a private placement memorandum, every situation can be individually negotiated and custom designed for the client.
Any asset that can be custodied by a reputable trust company can go into the PPLI structure. Many policies are owned by trusts which can be domiciled in jurisdictions in keeping with the client’s planning needs. In terms of asset management, it is an open architecture model where the assets can be located in multiple jurisdictions with multiple asset managers. PPLI insurance costs generally average about 1 percent of the cash value of the policy.
The cost of the death benefit varies with the health and age of the insured person, and generally policies are designed with the lowest death benefit possible. Tax and enhanced privacy benefits outweigh the costs of using a PPLI structure. Asset management fees will depend on the asset manager(s) selected to manage the assets inside the policy. The policy is fully transparent to the client, as all fees and costs are disclosed.
Our office locations are as diverse as our clients.
In California, clients are hosted in a rural setting in the oak, savannah region of the Sierra Nevada foothills. This charming setting is about one hour’s drive from the Sacramento airport. In New York City, 40 Wall Street is our home at the tip of Manhattan. Our administrative office in the British Virgin Islands serves the needs of clients throughout the world.
We draw from some of the greatest expertise in the field. Our staff is composed of highly qualified financial professionals who can call upon many years’ experience in their respective fields. We believe wholeheartedly in teamwork in order to serve clients in the most beneficial and efficient way possible.
Typically, our clients are high net worth individuals and their families, who rely on us to manage their assets using a long-term yet flexible structure that suits their unique needs and wishes. We also act for banks, companies and international organizations who value our ability to provide innovative solutions quickly and reliably.
Crafting the best possible solution for a client involves bringing together knowledge from many fields, and keeping current by constant study. Working with legal and financial experts in the fields of tax, estate planning, asset protection, investments, and insurance is what sets us apart. We welcome the challenge of being: A Secure Island in a Tax-Hungry World.
Please Contact Us. We are here to help you!
We will appreciate any comments you may have, (bottom of the page).
~ Michael Malloy