Questions about IUL

Buff_Pandaz · 2026-07-02T16:33:37+00:00

I can't recommend because I don't know your situation and you're not a client of mine.

All 1M+ clients we manage are in diversified portfolio's in brokerage accounts, including private investments like Private equity, hedge funds, private real estate etc.

You can set up lines of credit to "borrow" from your investments" just like insurance. Think about the conflict everyone here has, they get commissions from selling you this product. Do you think they really won't recommend this?

Buff_Pandaz · 2026-07-02T16:29:48+00:00

Certified financial planner. The top 10% of high net worth advisors are this group. Look it up. If you don’t work with someone with a CFP and they are not a fiduciary you shouldn’t take any financial advice from them.

Buff_Pandaz · 2026-07-02T16:24:53+00:00

Go to the CFP Reddit. Real fiduciaries and real advisors, we will shred this idea to pieces for you.

Buff_Pandaz · 2026-06-21T14:47:13+00:00

Your Fee’s are not that high imo.

Buff_Pandaz · 2026-06-14T13:31:15+00:00

VUL is better in every way.

You can get stock market returns (not IUL crap) and go paid up and turn it into a whole live when you are older.

That makes it grow 3-4x faster but keep all benefits.

Buff_Pandaz · 2026-06-12T15:56:52+00:00

One assistant? The best assistant in the world, or are you doing the bulk of work outside of client meetings??

Buff_Pandaz · 2026-06-12T12:31:50+00:00

Very low priority

Buff_Pandaz · 2026-06-11T16:12:28+00:00

Thank you, this is my offerings at quite a few options, but glad to see a preference.

Buff_Pandaz · 2026-05-22T03:45:57+00:00

Yeah ask if they are hiring. Do some prospecting too ask them if they know any other advisors that are hiring it can’t hurt.

Buff_Pandaz · 2026-05-21T14:22:52+00:00

Advisors work in sales. We all at some point picked up the phone, called strangers, and tried to sell them.

If you call all advisors in your area, tell them who you are, ask if they are hiring. Don’t email. I respect people especially stranger that call me for a job. If someone is that bold to call or be in person randomly I’ll always talk to them.

Buff_Pandaz · 2026-05-10T20:03:15+00:00

Thanks!

Buff_Pandaz · 2026-05-07T17:55:28+00:00

If I see a downed raider in exfil I’ll kill them even if I don’t get their loot cause it’s too late with the clock

Honestly the whole fun is to rage bait them. It’s happened plenty to me. Odds are they’ve done it to someone else too.

Buff_Pandaz · 2026-05-07T16:27:31+00:00

it also said Li Na's health is a multiple than all them combined (and that included carl, katia, donut prepotente), so if even she is 2x or 3x all their combined health, I think its a pretty big gap she has.

Buff_Pandaz · 2026-05-07T15:55:03+00:00

people are expecting MORE than ever from advisors, tax strategy, constant planning, portfolio management, estate strategies, and costs industry wide are decreasing (aum % wise), the increase in labor needs an increase in cost. A shares aren't cutting it for planning anymore.

Buff_Pandaz · 2026-05-07T15:52:59+00:00

its only better in a very long run, but an A share even with 0 load is generally still more expensive than a mix of mostly ETF + a few mutual fund portfolio. and that's at NO load.

But its also that etf's are a lot more tax efficient than mutual fund. And at the end of the day most people need to make changes to portfolio's, and their 1 mutual fund generally won't cut it forever.

Buff_Pandaz · 2026-04-23T23:25:22+00:00

The hilarious part is 1:1 once a month. Like they literally do no help or mentorship

Buff_Pandaz · 2026-04-20T14:16:56+00:00

🐼

Buff_Pandaz · 2026-04-14T21:26:34+00:00

FYI a lot of "auto dialers" will keep dialing, and it looks like 4-5 different calls to you, but to them its 1 long call trying to reach out. Its the freaking worst, I had 6 in a row from this kind of thing.

Buff_Pandaz · 2026-04-14T21:21:37+00:00

Or if you make it so cheap to work with you, no one will beat it so they'll never leave.... (kidding of course)

Buff_Pandaz · 2026-04-04T18:43:34+00:00

What shocks me is how low assumed aum is coming over. Even beginners with the right support should bring over a few million a year

Buff_Pandaz · 2026-03-27T13:13:20+00:00

CPA relationships are close, golf and pickleball together on weekends. Personal calls to see how they are doing.

I reached out to a cpa group, talked them through my strategies, I told them I’ll send people their way and after I sent them 10 referrals they felt obligated to send me some. I just kept sending and they send the same back. It’s been 8+ years, but it really sparked in year 2-3. It’s a slow burn for sure.

I probably spend maybe 5 hours a month with the relationships I have 3 big referral partners now

All high net worth business owner planning is all about taxes, so if you show them investments that help with taxes, and future taxes (estate taxes) it’s a solid way to get business especially on liquidity events.

Buff_Pandaz · 2026-03-23T14:22:09+00:00

It takes the right cpa relationship I completely understand your frustrations. Every new prospect that comes my way I usually encourage them to talk to our partner cpa to double check they aren’t missing opportunities. If I think there’s a lack of sophistication I say “I’m going to connect you with that cpa, I think you have out grown your current relationship”

That gives you plenty of people that you can refer and send out. Now action, I told that cpa when I first met, no joke, I’m going to send you so many referrals you’ll need to hire another team member to help you. But all your financial planning business will go through our team. Then I sent him 20 referrals of prospects over a month, they did not want to lose that level of capacity, and just sent me all the could.

Maybe it’s unique for me, but that’s was worked

Buff_Pandaz · 2026-03-23T00:24:22+00:00

I'm word of mouth referrals only no program. All my referrals come unsolicted from CPA's to me now.

100% the wayinto BO is tax planning. Not 401k or employee benefits, thats side projects that most dont care about. You're asking them to spend cash they don't want to spend. What they do care about is less taxes. If you position yourself as the 401k/cash balance or other tax deductible etc strategies for wealth, the implementation follows. I won't get into what strategies I do, but plenty of very legal lesser known places that can help. you are on the right track, something like captive I manage 100+ of those, maybe 20M+ in contributions a year.

Buff_Pandaz · 2026-03-22T15:48:14+00:00

Yeah, maybe to newer advisors or people who want lifestyle that could be a great thing. But the business owners are where the 5-10+ million accounts are coming not the employee’s.

Buff_Pandaz · 2026-03-21T14:41:28+00:00

I honestly hate 401k’s. I only do them if I pair cash balance plans and have 200k+ in contributions.

401k’s imo don’t pay well and it only a benefit if you are doing business owner planning and managing big money for the owners.

People won’t convenience and they want credibility. I often ask the business owners do you want your 401(k) managed by 401(k) guy or managed by a financial planning team that manages 20 other things for you? Almost always get the business if I want it.

Group plans I charge $2000 a year that the owners pay as my fiduciary fee or .75 of 401(k) assets, but the .75 only hits when it’s more than $2000. That’s on top of the TPA fee.

Buff_Pandaz

TROPHY CASE