risk management and asset protection planning

Risk is a fact of life and can have a dramatic impact on your wealth. Risk management is intended to minimize financial and other potential losses associated with risks to your assets, health, or business.

Each investor should evaluate the possibility of personal, business, and professional liability; property loss; catastrophic illness or disability; and assisted living. Part of our job is to protect your financial well-being, and that may require us to help you insulate yourselves from certain risks. Risk management may involve purchasing health, life, long-term care, and disability insurance, repositioning asset ownership, and other protections available under the law.


Asset protection planning

Lawsuits, accidents, property damage, and other financial risks are facts of everyday life and asset protection planning looks to transfer the risk of these events through purchasing health, life, long-term care, and disability insurance, repositioning asset ownership, and other protections available under the law. Starting and running a business carries its own set of risk exposures. Certain factors can have a huge impact on how safe your personal and business assets are from risk. These include:

Infinitas - Kansas City Financial Planning Firm - Risk Management and Asset Protection Planning

  • The type of business entity you choose

  • The state you choose to do business in

  • How you manage your business

  • Your human resources

  • Your taxes


Business risk management identifies your options for handling these risks. From protecting your business to your health, we try to ensure that you are comfortable with the level of risk you are taking. While financial professionals can perform many functions of the risk management process, some activities require the expertise of insurance specialists. We may work closely with an insurance specialist to focus on your risk management. Risk management is a critical component of wealth management, and a good insurance strategy will be well-coordinated with your overall plans for business, investments, taxation, estate, and retirement.