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Resolve Riffs Investment Podcast

Unlock Hidden Portfolio Wealth with Private Life Insurance with Riccardo Gambineri and Frank Seneco

May 9, 2025
Riccardo Gambineri, President of Crown Global Life, and Frank Seneco, President of Seneco Global Advisors, dive into advanced wealth planning through private placement life insurance (PPLI). They discuss the diverse regulatory frameworks between the U.S. and U.K., revealing strategies for asset protection and tax deferral. The guests explore the benefits of investment flexibility within PPLI, emphasizing its potential for high-net-worth families. They also compare cost structures, highlighting PPLI's advantages over traditional options for diverse portfolio management.
01:12:44

Podcast summary created with Snipd AI

Quick takeaways

  • Private Placement Life Insurance (PPLI) presents a unique blend of life insurance and investment, providing tax advantages for high net worth clients.
  • The differences between domestic and offshore PPLI policies highlight opportunities for enhanced asset protection and investment flexibility for U.S. citizens.

Deep dives

Understanding Private Placement Life Insurance

Private Placement Life Insurance (PPLI) serves as a sophisticated financial tool combining life insurance with an investment component, tailored for high net worth clients. It operates under specific regulations depending on the jurisdiction, with the U.S. defining it as a security-based product that allows for customized investment strategies while ensuring tax advantages. To initiate PPLI, clients typically must be accredited investors and recognize that while contributions can generate substantial tax deferral, limits on policy structures exist based on age and total premiums. The insurance policies enhance fiscal strategies, allowing for significant asset protection as well as a tax-efficient way to transfer wealth across generations.

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