Published on:

19th Aug 2021

Advance Your Wealth - Interview Series (Frank Seneco: Part 3)

In the third and final installment of our interview series with Frank Seneco, President of Seneco & Associates, Inc., the discussion is centered around premium finance life insurance and the different types of benefit plans for private business owners.

Despite being a strategy that's been around since the 1990's, there is still a tremendous level of value associated with premium financed life insurance. Listen as Homer and Frank dive deep into this strategy and who it makes the most sense for.

Sit back, relax, and enjoy the finale of a great interview series featuring Frank Seneco!


0:06 - Overview on the topic of this conversation

1:15 - The idea behind a premium finance life insurance

3:33 - The benefits of this strategy over a 5-10 year period of time

6:16 - Mistakes to avoid when it comes to this strategy

11:00 - What split-dollar means from a life insurance standpoint

12:21 - How else is life insurance utilized in succession plans for business owners

14:40 - Overview on the variety of strategies discussed throughout the interview series with Frank

15:57 - Closing remarks and disclosures

Show artwork for Advance Your Wealth With Homer Smith

About the Podcast

Advance Your Wealth With Homer Smith
Financial advice to generate the results you expect and desire
Advance Your Wealth With Homer Smith provides you and your business with the financial advice needed to make calculated decisions moving forward. With over 18 years of industry experience, Homer Smith, Private Wealth Advisor with Konvergent Wealth Partners, understands the importance of a commitment to customer service and strives to help clients pursue their financial goals towards aspirations and retirement.

Each episode we'll take a deep dive into a different complex topic surrounding personal and business wealth management. So sit back, relax, and enjoy enlightening conversations that highlight an array of financial questions and topics.

Investment advice offered through Integrated Financial Partners, doing business as konvergent wealth partners, a registered investment advisor.