Private Client & Executive Benefits
Providing independent planning services and insurance strategies to help provide executive, business-related and personal protection
USI Consulting Group’s Private Client & Executive Benefits Group functions as a full-service cohesive team with a relentless focus on developing client-specific solutions. We are an independent insurance consulting practice focusing on serving successful businesses, corporate executives and high net worth individuals that demand excellence, respect and an unyielding commitment to their interests.
Working with a seasoned, full-service, in-house team of Case Design Consultants, Underwriters and a Dedicated Policy Service staff, we are truly a turn-key solution, managing the sophisticated needs of businesses, executives and high-end clientele. We provide insurance planning, procurement, monitoring and ongoing administrative services to help our clients meet their goals and objectives. We often collaborate with our clients’ legal and financial professionals to model alternatives and help ensure the business and/or estate plan is seamlessly integrated into the broader financial picture to help optimize results.
Learn about our flexible solutions
Business insights from some of the best minds in the industry
Innovative strategies to address your organization’s wealth preservation, tax, retirement, estate and business planning challenges.
Buy-Sell arrangements using life insurance have traditionally taken three approaches: cross-purchase, stock redemption, and a hybrid, also commonly known as a “trusteed buy-sell.”
An often-overlooked fact regarding the cash value in key person insurance is how its many potential uses increases a business’s dexterity, giving business owners greater control over their future. Key person, cash value life insurance can be invaluable in indemnifying the financial loss a business faces if a key person dies or leaves the business.
A loss of income due to a disability can be financially devastating. Employer-sponsored supplemental income protection plans can help preserve an executive’s lifestyle, attract and retain talent and contribute to a firm’s long-term success.
As your business grows, you buy insurance to cover unexpected losses. Use our Replacement Cost Method help calculate the amount of coverage you really need.
Featured content to help you achieve your individual goals
Learn industry best practices, find the best ways to manage risk, create legacies and protect your family.
Many factors affect the suitability and performance of a policy. Regularly evaluating a life insurance policy is essential to ensure that it is still meeting your and your family’s needs.
Deciding how much life insurance to purchase for your family can be tricky. Use this method to estimate your personal life insurance coverage.
Life insurance comes in two basic forms.
The type of insurance you select depends on your time frame, your needs, and your financial situation. Understanding the differences will help you determine which type is right for you.
LTC insurance is a product that helps cover costs associated with aging and/or chronic medical conditions, such as an extended or permanent disability or cognitive impairment. Since it generally pays for expenses not covered by Medicare or health insurance, it can be used as a planning tool to assist individuals in paying for LTC expenses in the future.
One key reason to choose a premanent life insurance policy in addition to protection, is the tax advantages that cash value offers.
Higher taxes on investment gains and income are very likely as the federal government seeks ways to reduce a deficit that has grown exponentially due to spending on the Covid-19 pandemic. These tax increases will likely affect all working Americans, but may place an even greater burden on wealthier individuals and their families.
Resources and insights to help you plan
The USICG team is happy to provide resources to help our clients ensure their action plan aligns with their objectives.
- 2022 & 2023 Tax Tables
- 401(k) Restoration Plan Overview | Addressing the issue of Contribution limitations for highly compensated employees (HCEs)
- Additional expert insights on protecting your financial future
Connect with our dedicated Practice Leader
Donna Diamond is the Practice Leader of the Private Client and Executive Benefits Group. With over 40 years of experience, Donna leads a seasoned team of insurance specialists to provide businesses and high net worth clients with innovative solutions that meet their needs while accomplishing strategic goals and objectives.
As a Practice Leader, Donna directs her team of private wealth professionals in exposing hidden risks, detecting disparities and identifying opportunities to craft comprehensive, personalized plans that help ensure and protect client assets.
To learn more about how we can help you meet your goals and objectives, please reach out directly to Donna Diamond, Private Client & Executive Benefits Practice Leader, at donna.diamond@usi.com or 516.534.3535.
This information is provided solely for educational purposes and is not to be construed as investment, legal or tax advice. Prior to acting on this information, we recommend that you seek independent advice specific to your situation from a qualified investment/legal/tax professional. | 1023.S0117.0004
Securities and Investment Advisory Services Offered Through M Holdings Securities, Inc. A Registered Broker/Dealer and Investment Advisor, Member FINRA.org/SIPC.org. Chernoff Diamond & Co is a division of USI and is independently owned and operated. Check the background of this firm and/or investment professional FINRA’s BrokerCheck.
USI Securities, Inc. and USI Advisors, Inc., affiliates of USI Consulting Group, are not engaged in any business activity of the Private Client and Executive Benefits Group.
Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
For important information related to M Securities, refer to the M Securities’ Client Relationship Summary (Form CRS) by navigating to https://mfin.com/m-securities.
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