Category: Articles

Property and casualty insurers play a crucial role in safeguarding individuals, businesses, and assets from unforeseen risks. However, many of them are being confronted with a rise in claims and pricing pressures presented by an economy in an inflationary environment. These external factors can put a strain on many U.S. insurer’s reserves, profitability, and ultimately that can lead to higher pricing passed to the consumer or changes in business standards that can impact your coverage or claims experience. Let’s explore how insurers may adopt to navigate these challenges, what changes you can expect to your coverage and claims experience and what you can do to avoid price hikes and adverse changes to your coverage.​

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As we transitioned from in-person and telephone meetings in the post-pandemic world to Zoom and other forms of virtual meetings, there was a significant degree of concern in whether, as financial advisors, we would be able to continue to effectively communicate with our clients. What we learned was that not only would we be able to continue to provide effective guidance, but that we would be taught several valuable lessons in how to be better communicators going forward.

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One of the cornerstone goals of most financial plans for the successful entrepreneur is to eventually transfer some of the value of their life’s work and identity to the next generation without their wealth being unnecessarily eroded by the federal and/or state estate tax. Currently, this exemption sits at $11.58 million per individual or a combined $22m+ per couple, leaving only a small percentage of successful estates potential subject to this tax.

Combined with the ability to gift $30,000 annually (for married couples splitting gifts) to any number of defined beneficiaries without applying against the lifetime exemption, clients often forget the changing tides of the estate tax exemption may force them into a vastly differently situation down the line during times of legislative change….

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If holistic investment sounds good to you in principle, you will be pleased to know that the statistics show that it pays off.​

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As a high net worth individual, whether you consider yourself daring or conscientious, use these tips for financial planning. Make the most of your assets.​

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Discover the value of holistic planning and start building financial stability and security today.​

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Brix Partners is dedicated to our high net worth clients. We are not just high net worth insurance brokers, but rather an important partner in your wealth management. ​

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Your ultra high net worth estate planning will be in the hands of someone who understands what you want to achieve and can help you get there. ​

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When we talk about leaving legacies, we usually only think about the next generation. But what if you planned enough to create a legacy that continues for subsequent generations?​

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A legacy is more than a financial inheritance. Leaving your legacy is also about passing on your values and vision.​

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