Incorporating Life Settlements and Private Debt in an Asset Allocation – AIR Asset Management – 5.4.23

Summary:

Now On Demand

As more advisors come to understand the compelling investment case for dedicating a portion of client portfolios to life settlements and private credit (the short answer: double-digit targeted returns that are largely uncorrelated with financial markets at a time when many investors are looking to diversify), the inevitable next question is where those assets fit in a portfolio allocation framework. Previously the exclusive province of large institutions, life settlements are increasingly accessible to qualified individual investors. But for advisors to help their clients take advantage of these and other private debt opportunities, they first need to understand how to characterize them in the context of a financial plan.

Join Rich Beleutz, Founder & CEO at AIR Asset Management, for this educational discussion that will cover:

• Family Office & RIA allocation trends in the current market
• Private credit investing landscape
• Understanding the compelling benefits, the risk/return profile, and the risks of life settlements investing
• Incorporating life settlements and private investments in a total asset allocation framework
• Benefits, risks, historical performance and fees

Accepted for 1 CFP^® / IWI / CFA CE Credit

Speaker:

Richard Beleutz is AIR Asset Management’s Founder and Chief Executive Officer and is responsible for overseeing the firm’s strategic direction and driving growth. He is the Chair of the Executive Committee, Investment Committee, and a member of the Portfolio Committee. Mr. Beleutz has nearly 30 years of experience in various capacities in the investment industry. He has closed over $1B in transactions for companies and investment products, has extensive deal experience in private equity and investment banking, and has an operations background as a former principal of three hedge funds. Mr. Beleutz has a well-established track record in the life settlements space, which began in 2006 when he eventually launched his first life settlement hedge fund in conjunction with a life settlement brokerage business and a life expectancy company. He also has a background in life insurance and annuities that dates back to 1993, when he began his career as a financial advisor with Ameriprise. Mr. Beleutz is considered a thought leader in the alternative investment space and actively participates in industry interviews and conferences. He earned a Bachelor of Arts in Economics from the University of Michigan and holds Series 7, 9, 10, 24, 63, and 79 securities registrations.