In the first installment of our interview series, on Advance Your Wealth, Homer is joined by Frank Seneco, President of Seneco & Associates, Inc., to discuss advanced insurance planning strategies and how they relate to wealth management as a whole.
Bringing over three decades worth of experience in the financial services sector, Frank is no stranger to this subject and provides services across the nation, as well as internationally. Frank believes in services that best meets the clients needs!
So sit back, relax, and enjoy the first part in our three-part interview series with Frank!
0:20 - Background information on Frank Seneco and his experience in the financial services sector
1:40 - An overview on the Benefit-Focused Defined Benefit Plan and how its value can be maximized
3:17 - Why so few people have heard of this particular plan
4:20 - The type of business owner or business structure this plan makes sense for
6:32 - The biggest opportunities Frank sees when reviewing retirement plans for clients
8:40 - This is a plan that focuses benefits towards the owner
9:58 - How life insurance fits into this type of plan
11:25 - Summarizing this plan once more and who it truly applies to
12:30 - Closing remarks
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