Today, carriers look for designations like the CLU and ChFC
"because they demonstrate that an employee has added experience, education and training to appropriately handle sophisticated ethics, compliance and legal issues for their company," noted Daniel Draz, principal at the global fraud consultancy Fraud Solutions.
Luddy, CLU, ChFC
, CLTC (Charter Oak Insurance) of Holyoke, MA
Taylor, CLU, ChFC
, CFBS, CLTC, AEP, Special Care Planner
With a ChFC
designation, Twedt has received one of the most extensive educations available for Financial professionals.
Youngentob, CPA, JD, Ankin Youngentob Associates LLC, Bethesda, Md., and Carolyn Lloyd-Cohen, CLU, ChFC
, Preferred Pensions LLC., Clifton, N.J., National Financial Partners Affiliated Firms.
Lance Wallach, CLU, ChFC
, CIMC, of Plainview, N.Y., speaks and writes extensively about VEBAs, pension plans and tax-reduction strategies.
"If they have maxed out a 401(k) and Both IRA and are looking to shelter money for retirement, then someone in their 30s should look at variable annuities if they can leave it in until they're 59 1/2 to avoid federal penalties," says Sam Gott, a registered investment adviser, certified financial planner, chartered life underwriter, ChFC
, LUTCF, and AAMS in San Antonio.
"I tell CEOs that if they own their policies, the federal government is a 50 percent beneficiary," says Curtis Ford, an insurance tax planner and past president of the American Society of CLU and ChFC
. "If you want to change that, you have to change the ownership."
Woolnough, CLU, CHFC
, is an associate of the estate service department of Canada Life Assurance Company in Sudbury.
Lee; Shellie Kurek Peters, CFP, ChFC
; Lisa Poff; and Matthew R.
Scott Siefers upgraded Chemical Financial (CHFC
) and TCF Financial (TCF), both to Buy from Hold, after sitting down with senior management from both to discuss their pending merger of equals.