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Sophisticated Financial Solutions
Solutions
What We Do (and how we do it).
Seneco Global Advisors is a leading advanced planning firm with a specialty in structuring sophisticated life insurance solutions.
We specialize in structuring life insurance solutions for income, gift and estate tax minimization.
Our practice focuses on five distinct practice areas.
Practice Areas
Traditional Life Insurance for Estate Planning
For affluent families and individuals, life insurance can play a crucial role in supporting and effectuating the goals of an estate plan. Liquidity from life insurance can pay estate tax liabilities (preventing the sale of assets, including businesses), help fulfill estate planning wishes, including inheritance equalization and creating a charitable legacy, as well as serve as part of a larger multi-generational plan.
Additionally, life insurance can serve as an asset class within a larger investment portfolio, potentially reducing the volatility of a family’s net worth while producing attractive internal rates of return.
At Seneco Global Advisors, we speak the language of advanced planning and can work with a client and their advisors to properly structure a life insurance portfolio that supports and enhances estate planning.
Private Placement Life Insurance and Private Placement Variable Annuities
PPLI
Private Placement Life Insurance is an institutionally priced variable insurance contract that provides the policy owner with the ability to invest the policy cash values in traditional registered funds, or alternative funds available by an insurance company.
It is only available to accredited Investors (AI) and Qualified Purchasers (QP). Because it is life insurance, policy cash values grow tax deferred, can be accessed via policy loans and withdrawals, and provides an income tax free death benefit.
PPVA
Private Placement Variable Annuities offer similar benefits via a variable annuity. Policy values grow tax deferred during the lifetime of the annuitant.
PPVAs are often used by foreign investors when purchasing real estate in the United States or by tax-exempt entities seeking to avoid UBIT on income derived from certain investments.
With two+ decades of experience working with PPLI and PPVA, our team are leaders in the space. We work with clients and their advisors to explain how PPLI or PPVA may fit into overall planning and, if chosen, on implementing the solution.
Defined Benefit Plans
Business Owners and High-Income Earners face the challenge of taxes eroding earnings. At the same time, employers are looking for ways to provide added benefits for themselves and for key personnel while still reducing taxes.
One solution may be a Benefit Focused Retirement Plan. This type of sophisticated retirement plan can provide greater benefits than traditional retirement plans for business owners, celebrities and high-income earners. These plans enable a client to achieve total financial security now and through their retirement years.
Combining our unique understanding of life insurance solutions and advanced planning, we work with clients and their advisors to structure and implement sophisticated retirement plans.
Life Insurance for Business
For businesses, life insurance can be key in recruiting, retaining and rewarding key talent while also protecting against potential disruptions that can impact a company negatively.
Executive compensation programs, such as deferred compensation, that use life insurance as an informal funding mechanism, can give employers an edge in a competitive recruiting marketplace.
Much like in personal planning, liquid
ity from life insurance can be imperative at key moments to prevent disruptions or a forced sale of assets. Key person coverage helps provide continuity and stability when a business faces the loss of certain employees. Life insurance can also be used to fund liabilities created by buy-sell agreements amongst shareholders.
At Seneco Global Advisors, we work with businesses to assess their needs and find life insurance coverage that can help them grow while protecting against potential risk
International Planning Solutions
In the complex world of international wealth planning, we specialize in creating sophisticated life insurance solutions that bridge multiple jurisdictions and protect assets across borders. Our expertise spans the unique needs of foreign nationals investing in the U.S., American citizens living abroad, and families navigating cross-border trust and estate planning challenges.
We offer comprehensive strategies that integrate currency diversification, U.S. estate tax planning, and international trust structures to create robust wealth preservation solutions. Whether you're a U.S. beneficiary of a foreign non-grantor trust seeking tax efficiency or a non-U.S. resident looking to protect your American investments, our deep understanding of global insurance markets and regulatory frameworks ensures your legacy remains secure across generations and geographical boundaries.
How We Do What We Do
Consultative Approach
We collaborate with clients and their advisors to understand each unique situation and determine the most suitable solution. We approach every engagement with a fresh perspective.
Not Bound By Borders
Our expertise is truly global. We work with both U.S. and non-U.S. ultra-high-net-worth individuals and families, including those with ties to multiple jurisdictions.
Creating Tax Efficiency
We design unique and sophisticated life insurance structures that reduce, defer, and eliminate taxation, ensuring your wealth is managed efficiently.
In It For the Long Haul
A life insurance solution is not set in stone. Our industry-leading service ensures we maintain a long-term relationship, keeping your life insurance portfolio aligned with your goals.