The Perfect Plan with Matt Schiff, CLU, CHFC, WMCP

Episode 8-The Perfect Plan Podcast w/Matt Schiff-Designing the “Perfect Plan” – How does yours look?

Learn More About Schiff Benefits: https://schiffbenefits.com/ [https://schiffbenefits.com/]

Episode 7-The Perfect Plan Podcast-w/Matt Schiff-Underwriting – The “secret sauce” to get the best rate possible

Some key insights from this episode: "So that's our goal is to get this person the best rating possible the lowest premium possible And often it takes weeks months sometimes to get that done We work very closely with the client themselves through you and also the doctors that are involved in the care of this patient." "One of the things that your high net worth clients can do is actually go to their physician offices on their next regular office visit and look at their chart And if they've had these special tests like a treadmill done or a pulmonary function test done or a chest x-ray done write down or ask the doctor how did they justify this test Or look at the reason why the test was done because it may be absolutely incorrect And it may come back to bite you especially when you're dealing with a long-term care rider." Learn More About Dennis Bartos: https://www.agencyone.net/cmt-management-team/dennis-bartos-pa/ [https://www.agencyone.net/cmt-management-team/dennis-bartos-pa/] Learn More About Schiff Executive Benefits: https://schiffbenefits.com/ [https://schiffbenefits.com/]

Episode 6-The Perfect Plan Podcast w/Matt Schiff-How to Sell Your Company Efficiently

Well, in this, the Sixth episode of The Perfect Plan, Dan Zugell, my friend and colleague of 25 plus years goes into the wonder of an Employee Stock Ownership Plan (ESOP). In this qualified retirement plan solution for a business owner, you have a ready and willing buyer, that will buy your business, for a set dollar amount, at a set triggering event. If done correctly, you as the business owner can still run it, control it, and participate in the future growth of your company. Dan goes into the benefits, tax advantages, and rules of how to design “the perfect” exit strategy for the closely held business owner. Take a few minutes and hear what he has to say, then contact us on how we can help you monetize your largest asset. Connect with Dan: https://dantheesopman.com/ [https://dantheesopman.com/] Connect with Matt: https://calendly.com/mschiff-2 [https://calendly.com/mschiff-2]

Episode 5-The Perfect Plan Podcast w/Matt Schiff-Retirement Education

Key Insights on Episode 5 Shared by Jamie Hopkins of Bryn Mawr Capital Management 1-When you're expanding hiring somebody you can always wait longer Eventually you need to act You need to take action I do think one useful thing if you're a business owner listening to this is set a goal and hold yourself accountable for it. 2-We also have more money and more wealth in the United States than ever before.  2022 was the single largest growth point of U.S wealth by a percentage in any point in the United States history. So for all the bad things that are going on 2022 is the single largest growth point of U.S wealth at any point in history. 3-At the same time I was also clerking in the appellate division and got to work on one of Bernie Madoff's cases...... 4-The decision point finding a financial advisor that fits you and the type of advice that you are looking for falls on the individual today. Learn More About Bryn Mawr Capital Management: bryn mawr capital management [bryn mawr capital management] Learn More About Schiff Executive Benefits: https://schiffbenefits.com/ [https://schiffbenefits.com/]

Episode 4-The Perfect Plan Podcast-w/Matt Schiff-Employee Retention

Key Insights from Episode 4: "The 6 main items Bud Schiff would focus on if he was building his financial practice today." 1. Insurance and  2. Risk management  3. Tax planning  4. Capital and liquidity planning  5. Succession planning  6. Retirement planning "The most important thing that I see out there is that 85% of the small business owners when they're surveyed say that they don't have a succession plan." The value of a Phantom Stock Plan Learn More About Schiff Executive Benefits & Watch This Episode: https://schiffbenefits.com/employee-retention-in-2024/ [https://schiffbenefits.com/employee-retention-in-2024/] https://schiffbenefits.com/ [https://schiffbenefits.com/]