PPLI

GoldenTree Asset Management Hires Head of North American Insurance

Retrieved on: 
Monday, December 18, 2023

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $53 billion in assets under management, today announced the hiring of Charlie Fuller as Partner and Head of North American Insurance coverage, a newly created role.

Key Points: 
  • GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $53 billion in assets under management, today announced the hiring of Charlie Fuller as Partner and Head of North American Insurance coverage, a newly created role.
  • He joins GoldenTree from Goldman Sachs, where he was a Managing Director and Head of Americas’ Institutional Insurance Client Business.
  • Fuller was also a founding member of Goldman Sachs’ Insurance Asset Management Business, and his leadership and deep relationships across the industry helped build it into one of the leading insurance asset management businesses in the industry.
  • View the full release here: https://www.businesswire.com/news/home/20231218247574/en/
    Charlie Fuller, Partner and Head of North American Insurance (Photo: Business Wire)
    Steve Tananbaum, GoldenTree’s Founder, Managing Partner and Chief Investment Officer, noted, “GoldenTree has managed capital for insurance companies for decades.

Global Macro Asset Management Unveils Proprietary Direct Indexing Solutions for Tax-Efficient Investing

Retrieved on: 
Friday, April 14, 2023

Las Vegas, Nevada--(Newsfile Corp. - April 14, 2023) - Global Macro Asset Management , a leading investment advisory firm, announced today the launch of new options for tax-efficient investing that cater to the unique needs of highly compensated corporate executives, entrepreneurs, and entertainment industry professionals.

Key Points: 
  • Las Vegas, Nevada--(Newsfile Corp. - April 14, 2023) - Global Macro Asset Management , a leading investment advisory firm, announced today the launch of new options for tax-efficient investing that cater to the unique needs of highly compensated corporate executives, entrepreneurs, and entertainment industry professionals.
  • "Our clients have complex lives requiring elegant investment solutions to navigate their stock options and compensation packages and are always looking for ways to reduce taxes," said Don Cody, founder of Global Macro Asset Management.
  • "That's why we're excited to introduce these new opportunities for tax-efficient investing that will deliver the enhanced tax optimization they require."
  • "Our new solutions for tax-efficient investing demonstrate our commitment to providing our clients with the latest investment thinking advancements and application to their goals," added Cody.

Spearhead Administrative Services Celebrates One Year Anniversary

Retrieved on: 
Thursday, April 6, 2023

GREENVILLE, Del., April 6, 2023 /PRNewswire/ -- Spearhead Administrative Services ("SAS"), a premier administrator within private placement insurance markets, is pleased to celebrate its one year anniversary in April 2023.

Key Points: 
  • GREENVILLE, Del., April 6, 2023 /PRNewswire/ -- Spearhead Administrative Services ("SAS"), a premier administrator within private placement insurance markets, is pleased to celebrate its one year anniversary in April 2023.
  • "This milestone is a culmination of our team's dedication and hard work to grow our administration business into one of the top service providers within the private placement insurance marketplace," remarked Ken Foley, Chief Executive Officer.
  • He added, "As this marketplace expands, we continue to invest in personnel, technology, and infrastructure so that we can drive new efficiencies into our business.
  • Thank you to our amazing team at SAS, as well as our partners, for their belief and trust in our vision for the PPLI and PPVA marketplace.

David Reynolds joins Spearhead Administrative Services, LLC as Chief Marketing Officer

Retrieved on: 
Tuesday, June 14, 2022

GREENVILLE, Del., June 14, 2022 /PRNewswire/ -- Spearhead Administrative Services ("SAS"), LLC, a premier administrator within Private Placement Life Insurance markets, is pleased to announce that David Reynolds, CFP, CLU has joined as Chief Marketing Officer.

Key Points: 
  • GREENVILLE, Del., June 14, 2022 /PRNewswire/ -- Spearhead Administrative Services ("SAS"), LLC, a premier administrator within Private Placement Life Insurance markets, is pleased to announce that David Reynolds, CFP, CLU has joined as Chief Marketing Officer.
  • Mr. Reynolds most recently served as Director of Business Development at Spearhead Capital Advisors, LLC (predecessor firm to SAS), originating and servicing new client relationships across the firm's wealth advisory, administrative services, and asset management divisions.
  • Spearhead Administrative Services ("SAS"), LLC is a premier administrator within Private Placement Life Insurance markets.
  • Advisory Services are offered through Spearhead Administrative Services, LLC.

DGAP-News: Charles Monat Associates expands its Swiss Operations- Highlighting commitment to the business across Switzerland and Europe

Retrieved on: 
Tuesday, September 21, 2021

ZURICH, SWITZERLAND - Media OutReach - 21 September 2021 - Charles Monat Associates (CMA) is expanding its operations in Switzerland.

Key Points: 
  • ZURICH, SWITZERLAND - Media OutReach - 21 September 2021 - Charles Monat Associates (CMA) is expanding its operations in Switzerland.
  • The new hires and ambitious expansion strategy demonstrate CMA's commitment to growing its business across Switzerland and Europe.
  • By expanding the capabilities of our International Business Division in Switzerland and Europe, we can enhance international synergies to create 'one CMA'."
  • "With a high concentration of high-net-worth individuals, Europe is critical to our business," states Simon Lo, CEO of International Business at Charles Monat Associates.

Golconda Partners, LLC Launches New Insurance Brokerage Firm

Retrieved on: 
Thursday, January 9, 2020

Golconda Partners, LLC today announced the launch of its new company, an independent insurance brokerage firm that will provide expert advice, implementation, and ongoing service for ultra-affluent families who are seeking to effectively navigate the sophisticated and financially powerful applications of life insurance and annuity investment accounts.

Key Points: 
  • Golconda Partners, LLC today announced the launch of its new company, an independent insurance brokerage firm that will provide expert advice, implementation, and ongoing service for ultra-affluent families who are seeking to effectively navigate the sophisticated and financially powerful applications of life insurance and annuity investment accounts.
  • Golconda Partners will focus on two value-creating activities:
    Providing liquidity for estates through the acquisition of diversified portfolios of Traditional Life Insurance, and
    Shielding investment allocations from income tax through the acquisition of Private Placement Life Insurance (PPLI) and Private Placement Annuity (PPA) Investment Accounts.
  • I am proud of the team of professionals that has come together over the past 12 months to create Golconda Partners and build out its state-of-the-art technology platform and infrastructure, said Michael Liebeskind, Principal at Golconda.
  • In doing so, the members of the Golconda Partners team will earn the opportunity to intersect our lives with interesting people, continue to grow our skills and experience, and enjoy the work we are doing.

Aaron Hodari to Speak at Private Placement Life Insurance & Variable Annuities Forum in Chicago

Retrieved on: 
Tuesday, June 12, 2018

BIRMINGHAM, Mich., June 12, 2018 /PRNewswire/ --Schechter Managing Director Aaron Hodari, CFP, CIMA, is one of 60+ key industry influencers invited to speak at the Private Placement Life Insurance & Variable Annuities Forum at the Hyatt Centric Magnificent Mile in Chicago, IL on June 13-14, 2018.

Key Points: 
  • BIRMINGHAM, Mich., June 12, 2018 /PRNewswire/ --Schechter Managing Director Aaron Hodari, CFP, CIMA, is one of 60+ key industry influencers invited to speak at the Private Placement Life Insurance & Variable Annuities Forum at the Hyatt Centric Magnificent Mile in Chicago, IL on June 13-14, 2018.
  • The event will focus on new developments in Private Placement Life Insurance (PPLI) and Variable Annuities (PPVA) space, tailoring these products and services to diversify a client base, innovative case studies, and more.
  • The forum promises the entire Private Placement value chain under one roof; including, insurance carriers, insurance producers and agents, investment funds, tax and estate planning attorneys, family offices, registered investment advisers, and consultants.
  • Hodari estimates investors have put upwards of $18 billion into similar funds along with other insurance products for the wealthy like Private Placement annuity contracts.