Vérité Welcomes Frank Pragosa
Bringing over 25 years of highly specialized industry experience, we are incredibly pleased to announce that Frank Pragosa will be joining the Vérité team as Director of Case Design. With his most recent role as Premium Finance Resource Center Director with Crump Insurance Services over the past 16 years, Frank comes well equipped with expertise in case design, sales strategy, and execution for premium finance transactions.
Every privately-held business owner can relate to the concept of not having enough hours in the day to conquer every single task or request that comes their way. From leveraging technology to automate tasks to simply putting in the overtime hours to accomplish what is needed to get done, these 10 Forbes Finance Council members, including Michael S. Seltzer, provide input and insight to the proven methods that help keep their business finances organized.
Premium Financing Isn't Just For Coastal Elites
Although coastal elites may be the major-league players in the credit-funded world, there is still a thriving opportunity for any business who understands and uses financing to transact. We recently teamed up with Dave and Matt Halvorson of Halvorson Company in Fargo, North Dakota, and found that while many local, privately held businesses in the Midwest not only operate using leverage, quite often to make large purchases, they don't always insure the individuals who help make the businesses run. With an understanding of the ebb and flow of financing to transact, locally owned business owners may be more open to the concept of leverage and arbitrage to enhance life insurance planning options.
Forbes Finance Council selected 12 members to provide insight on how to avoid costly mistakes which could affect how your money is managed and grown over time. Michael Seltzer explains the importance of coordinated goals and focusing on net returns when looking at overall wealth - both now, and for the future.
Every business owner should make financial literacy a part of their continuing education. Forbes Finance Council has organized an article featuring Michael's response to how business owners can enhance their knowledge and understanding of their finances and communicate transparently with a solid advisory team.
Michael S. Seltzer and Michael Fontanini, Advanced Sales and Marketing at Lion Street, will be presenting on the nuances of Premium Finance for today's advisor at the annual AALU meeting April 29 - May 1, 2018. If you attend the conference, don't miss this presentation!
Forbes Finance Council put together a collaborative article for business owners on changes they can make to drive their profits higher. Michael S. Seltzer was featured as the response for number 11, and we invite you to read the article.
Vérité Is Excited to Welcome Iris Seltzer to Our Team
As an original founding team member, Iris has rejoined the Vérité team as the office manager. She brings several decades of office management and human resource expertise in multiple industries around the New York City area and has focused her entire career on creating a work environment that not only operates professionally, but is also safe and welcoming. In addition to running daily operations, from administrative support to managing internal relationships, you can find Iris spending time on the beach, playing a game or two of Mahjong, reading a new book or spending time with her four young grandchildren.
Most recently in Forbes: "Premium Finance Risks"
Are you wondering what risks may be up for consideration in doing a Premium Finance Transaction? From personal risks, to loan and collateral risks, to systematic and unsystematic risks, we invite you to read our most recent article posted on Forbes Finance Council here.
A Brief History Lesson
With the historic election of Donald Trump as the 45th President-elect, there are many questions surrounding his plans on tax reform. You may have read or seen in the financial media these plans may include repealing the estate tax. Regardless of whether these predictions come true, the fact remains that we have seem similar reforms in the past only to see the estate tax resurrect again and again.