Life is Good
4.5% to lineal descendants
Pennsylvania Inheritance Tax which is avoided through Life Insurance Death Benefits
A risk management tactic employed by Portfolio Advisor that optimizes returns through all market cycles... think "two"
What is Manager Pairing?
Transactional service provider for PAM accounts
Who is the Trust Administrator?
Two of the risks mitigated by Guaranteed Lifetime Income.
What are Longevity Risk and Market/Sequence of Returns Risk
A "top 5% promise"
What is TIAA Bank's Yield Pledge?
The supplemental report that is part of an insurance illustration that can be used to demonstrate 80% or more of the value of a life insurance policy.
What is the Internal Rate of Return Supplemental Report?
For impacted PA accounts, a biannual trading process to optimize after-tax returns
What is Tax-Loss Harvesting?
Among many other responsibilities, the addition of this team member manages client emotions during market volatility.
Who is the Portfolio Manager?
What is TPA?
The three guarantees offered by Pacific Life's PremierCare?
What are 1) LTC Benefit Pool; 2) Money Back; 3) Death Benefit?
The ideal term to describe the Guaranteed Columns in Table Two of an insurance illustration
What is "Stress Test"
A proprietary means of staying within a client's strategic asset allocation.
What is Portfolio Advisor Smart Rebalancing? (MUST DESCRIBE THE PROCESS TO EARN POINTS)
Document that serves as the "bi-laws" for investment selection, allocation, and asset management, allowing the client to feel included in the design and customization of their PAM account.
What is the Investment Policy Statement?
The pairing of annuitization with life insurance.
What is a powerful planning technique to maximize the net benefit to heirs of Traditional assets that are not needed for retirement income?
Best solution for reducing egregious costs of outside annuities.
What is IVA?
Annuity Maximization
What is a strategy that allows clients to convert appreciated annuities that are not needed for retirement income along to beneficiaries in a tax-efficient manner?
What is the number of Portfolio Advisor Preference Options? (MUST NAME FOUR TO EARN POINTS)
What are in-kind transfers?
Two ways by which long-term participants can earn higher guaranteed lifetime income payments.
What are Annual Dividends and Return of Contingency Reserves?
The question to ask every client. One day, it will result in tens of millions of dollars in new AUM.
Are you on the Board of Directors for any Charitable Foundations / Organizations?
Tax Deferred Growth / Tax Free Death Benefit / Taxable Withdrawals VERSUS Tax Deferred Growth / Tax Free Death Benefit / Tax Free Distributions
What is the difference between a Modified Endowment Contract (MEC) vs and non-MEC
An investment strategy that blends passive investments with active investments across appropriate subasset classes to optimize efficiency and return potential.
What is Core/Satellite?
From 10,000 to ~500
What is IMG's due diligence process to create the "Select List", which serves as the 'menu' from which PM's can construct PAM portfolios for clients?
Three aged 107; two aged 105
Who are the five oldest annuitant payees, still receiving income from TIAA?
Purpose, Taxes, and the introduction of Responsible Solutions.
What is revealed through an Asset Location Worksheet client discussion?