The theme of 2023 is settled. “Safety.” After Silicon Valley Bank’s failure in March, and now First Republic’s collapse in May, finding alternative places to store your wealth hasn’t been this important since the 2008 financial crisis. Because life insurance companies are more likely to hold their bonds until maturity, they are not subject to the same liquidation risks that banks like SVB and First Republic were exposed to. Read how investing in life insurance can keep you safe.
In this world nothing can be said to be certain, except death and taxes. Benjamin Franklin wrote that in a letter to a friend late in the 18th century while reflecting on his own mortality. Although you can’t always plan when you will die, you can plan how much tax you will owe and how to pay those taxes. – enter estate freezes.
Momento Mori as the old Roman proverb goes. Or Remember, you must die. The philosophy around death has been articulated for thousands of years. The point of the saying isn’t to stoke fear or morbidity, but to remind us that we are only here for so long, and that in this time we must move with purpose. And part of that purpose is to prepare for the end.
The use of life Insurance has been traced as far back as the ancient roman empire, where poor Roman families would have to pay for their loved one’s final expenses or risk them being disposed of in a common garbage landfill1. Because most poor Romans could not afford to pay for their final expenses, they would join burial clubs while they were alive, where the club would pool the members’ funds and pay them out upon each member’s death.
What We Do
Optimizing net worth for successful entrepreneurs and families.
For more than 20 years, The Targeted Strategies Group (TTSG) of companies has helped successful entrepreneurs and families protect, preserve, and optimize net worth by using proprietary life insurance solutions. Our team of more than 100 professionals collaborates with our clients and their advisors to provide ideas, strategies and solutions to complex problems.
Custom life insurance solutions. Tailored to our client’s financial goals.
Life Insurance Solutions
Our team of experts work with your advisors to guide strategies and solutions.
“We are a group of professionals and thought leaders who collaborate with our clients and their advisors to provide insight and innovative solutions to complex estate planning opportunities and challenges.”
Susan Kichuk, CEO
What We Value
At TTSG we are guided by the following values.
Our business model is built on partnering with our clients and our clients’ advisors to look at their planning holistically. We believe it is more effective to be part of a team where we focus on what we do best and collaborate with best resources available in other areas.
We believe in giving back to the community and empowering our employees to support the causes they are most passionate about. As a company, we have donated or sponsored charity-based events in an amount of more than $1M over the last two years. We also offer a program that matches employee charitable contributions, and have a “Volunteer of the Year” program where one person is recognized with a significant monetary gift that they can choose to donate to an eligible registered charity.
We live in a world of possibilities, not process. We continuously look for new and creative ways to do things better and believe that investments in innovation will always multiply the benefits possible. We have invested millions of dollars to build a team of the sharpest minds dedicated to continuously finding the best ways to achieve our clients’ goals. We invest over $2 million in product research annually and proactively work with our partners to improve the products available to offer our clients. We also invest hundreds of thousands of dollars in employee education and skill development every year to ensure our professionals are top in their field.
We are transparent and accountable to our clients and our partners. In addition to our employees being accountable to the various regulatory organizations governing their professions (e.g. provincial Chartered Professional Accountant bodies, provincial law societies, provincial insurance regulators), we have invested in a full time regulatory compliance lawyer as our Chief Compliance Officer who ensures we maintain the highest standards in insurance compliance, client privacy protection and cybersecurity.