SharkPreneur 932: Eliminating Risk While Growing Your Nest Egg with Larry Kriesmer and Bernard Surovsky
Eliminating Risk While Growing Your Nest Egg
Larry Kriesmer and Bernard Surovsky, Measured Risk Portfolios
– The Sharkpreneur podcast with Seth Greene Episode 932 Larry Kriesmer and Bernard Surovsky
Larry Kriesmer graduated from the University of Redlands as an English Major and then began his career in financial services as a registered rep and insurance advisor. In that role, he quickly passed the General Securities Representative Series 7 exam and subsequently passed the Series 24 Registered Principal exam and holds the designations of Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) from the Society of Financial Service Professionals. He is a member of the National Association of Insurance and Financial Advisors (NAIFA) and the Society of Financial Service Professionals (FSP).
Frustrated by his observations with Modern Portfolio Theory and exposure to potential losses even with diversified portfolio positions, Larry Kriesmer, CLU, ChFC set about finding a portfolio risk management solution over which he could feel more in control. Finding nothing that fit his objective, he drew on his early training as an insurance professional, and along with his business partner, Bernard Surovsky, formed Measured Risk Portfolios, a registered investment advisor, in 2007. Initially deployed on a few select clients, the strategy is now used by the majority of his personal clients and hundreds of accounts that are referred to the firm by outside advisors.
Bernard Surovsky graduated from the University of Cape Town with a Bachelor of Science in Construction Management and Economics. He emigrated to the US in 1992 and passed the General Securities Representative Series 7 exam in 1996 and holds the designations of Certified Fund Specialist (CFS) from the Institute of Business & Finance.
Frustrated with the results of Modern Portfolio Theory and the significant losses incurred in client accounts, he set about finding a more predictable solution to managing portfolio risk. Finding nothing that fit the need, he drew on his early training as an insurance professional, and along with his business partner, Larry Kriesmer, formed Measured Risk Portfolios, a registered investment advisor, in 2007. Initially deployed on a few select clients, the strategy is now used by the majority of his personal clients and hundreds of accounts that are referred to the firm by outside advisors.
Listen to this informative Sharkpreneur episode with Larry Kriesmer and Bernard Surovsky about eliminating risk while growing your nest egg.
Here are some of the beneficial topics covered on this week’s show:
- How the old way of doing things in financial services doesn’t work during a crisis.
- Why you must do something different to achieve a different outcome.
- What an Index Annuity is and isn’t and how they work.
- Why a small allocation can control a large amount of capital and yield the desired return.
- How softened portfolios still carry a tremendous risk for clients.
Connect with Larry and Bernard:
Guest Contact Info
linkedin.com/company/measured-risk-portfolios
Links Mentioned:
measuredriskportfolios.com
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