Sponsored Education Online: A Fresh Look at Life Settlements as an Estate Changing Solution
CPE CE Credit Approvals
The recommended number of CPE credit hours is: 1
The Society of Financial Service Professionals is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
The Society offers programs at intermediate to advanced levels of continuing professional education. Although no pre-requisite course or advanced preparation is needed to participate in any program, knowledge of, or experience in, the program topic is required.
The Society's Refund Policy states that a refund may be given in most circumstances, less a $50 service fee. For more information regarding administrative policies on complaints and refunds, please contact our office at (800) 392-6900.
The following State Boards of Accountancy will accept CPE credit from National Registry Sponsors:
There are no formal registration requirements for course providers in the balance of the states.
* You must participate in the live event to get the PACE, CPE and CFP credit.
This webinar will be useful for a variety of financial advice professionals, including captive and independent life insurance agents and financial planners as well as financial advisors associated with RIA's, Multi-Family Offices, and Wirehouse firms. It will provide a basic education, for those unfamiliar with life settlements, as to how a life settlement works and for what types of insureds a settlement might be a wise alternative to lapsing a policy. It will also provide an update for those with some exposure to life settlements in the past on the state of the industry, as it is a vastly different landscape than in even very recent years. While there has never been a better time to consider a sale of an unwanted or unneeded life insurance policy, identifying specific opportunities and navigating the process requires greater diligence than ever on behalf of the advisor, creating an opportunity for the financial advisor to deliver genuine financial benefits to their clients.
Scott Sanders is Director of Capital Markets with Lifeline Capital Management, LLC. He has worked with The Lifeline Program since 2009. As an outside advisor, he managed a significant equity capital raise, enabling the company to purchase policies as a principal, deploying its own capital, rather than as an agent on behalf of third-party investors. This transition provided reliable liquidity in the secondary market and volumes of settled policies for the tertiary market. Sanders leads the company's relationships with institutional tertiary market investors. He also establishes new distribution partnerships with RIAs, Wirehouses and multi-family offices to enable them to confidently discuss and recommend life settlements as a potential transaction for clients as a component of a holistic, objective financial planning process. Sanders' prior experience focused on retail and institutional financial services, including work as a consultant with high-net-worth client entities at Bank of America and Merrill Lynch (prior to its acquisition by Bank of America), corporate and structured finance at Wells Fargo, IBM Credit, Enron, and in private equity.
Scott received his bachelor's degree in economics at the University of Minnesota and earned his master's in business administration at Northwestern University.