Sherman Oaks, CA – January 19, 2012
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Diverse Financial Corporation, a full service financial services firm, today released the schedule of select 5-star dinner events for the firm's high-net-worth and ultra-high-net worth clientele.
The events will be by invitation only and presented by Diverse Financial's senior advisors. Diverse Financial's advisors are highly credentialed planners with successful experience in developing financial plans that assist high-net-worth clients in achieving their personal and financial goals. Focus will be on the 'elite clients' with balance sheets of $10M and above. During these events, the firm will present cutting edge proprietary concepts using traditional products and trading platform to reduce estate tax exposure and increase fixed income.
The United States enacted an estate tax in 1916, and when John D. Rockefeller, America's first billionaire, died in 1937, his estate paid 70 percent. Since then, the rates have changed and slowly diminished. In 2009, the tax applied a rate of 45 percent to estates above $3.5 million in value, or $7 million for a couple. In 2008, the Treasury collected more than $25 billion in estate taxes. In today's economy and uncertainty, it is imperative to focus on secure plans and strategies to preserve and grow wealth, said Bruce Whittaker, Vice President of Advisory and Asset management.
When the rules have changed, our strategies need to adapt. Estate planning is no different. Late in 2010, President Obama signed into law changes to estate and gift tax rules. In 2013, these temporary changes will end and we may see a return to higher estate tax rates and lower exemption amounts.
Diverse Financial Corporation offers a complete range of financial instruments to high-net-worth individuals, investors and businesses. Using teams of financial specialists, Diverse Financial assists clients in developing a long-term financial, retirement & estate plan. Diverse Financial strives to ensure a client's understanding of the importance of updating and creating wills and trusts, having adequate insurance coverage for their spouses and children, and developing long-term financial goals.
As a highly recognized insurance and financial services firm, Diverse Financial offers a multitude of insurance, capital advisory and estate planning products to meet each clients' specific needs, protect their finances, and acquire a safeguard for their most important asset—their family. For more information visit www.diversefinancial.com.
Media Contact:
Jennifer Rosen
818-325-0580
pr@diversefinancial.com
Sherman Oaks, CA – August 10,2011
Diverse Financial Corporation a full service financial services firm, along with its subsidiaries, today announced it has seen a tremendous growth last quarter due to the dedication of offering additional resources to serve clients in an advisory capacity and to continue to deliver customized client-driven solutions. Diverse Financial and has spent the last several months augmenting its team and infrastructure to enhance its advisory services alternative investment platform and Brokerage services.
'We're very focused on designing the best growth programs and alternative investment vehicles for our business and our clients-including different capital management structures, Self Directed IRA's and Premium Financing", -said Robert Dillon, COO.
Diverse Financial is gaining a nicely leveraged position within the Wealth Management and Capital Services industry. The company's newly launched Alternative Investment Platform continues securing investors and gaining momentum. 'We are pleased to see the interest in the offering and continue to add investors to the Diverse Financial family and companies', said Bruce Whittaker, Vice President of Advisory.
"If there's any lesson to be learned from the crash the stock market went through in the late 1990s, early 2000s and in recent weeks it's that having all your eggs in one basket can be problematic," Whittaker said. "Our investment tools and vehicles allow people to diversify their portfolios, but also to be flexible with following the market trends."
Diverse Financial evaluates investments based on in-depth strategic and financial analysis, emphasizing industry fundamentals, competitive position and management capability.
Diverse Financial Corporation offers a complete range of financial instruments to high-net-worth individuals, investors and businesses. Using teams of financial specialists, Diverse Financial works to assist clients in developing a long-term financial, retirement & estate plan. They make sure clients understand the importance of updating and creating wills and trusts, having adequate insurance coverage for their spouses and children, and developing long-term financial goals.
As a highly recognized insurance and financial services firm, Diverse Financial offers a multitude of insurance, capital advisory and estate planning products to meet each clients' specific needs, protect their finances, and acquire a safeguard for their most important asset—their family. For more information visit www.diversefinancial.com.
Media Contact:
Jennifer Rosen
818-325-0580
pr@diversefinancial.com
Sherman Oaks, CA – June 10,2011
The Infiniti Summer Concert Series will be sponsored in part by Diverse Financial Corporation at the Hyatt Regency Newport Beach. Celebrating its 20th anniversary, the series features a stellar line-up of musicians bringing a wide range of genres to the stage including jazz, smooth jazz, contemporary, acoustic and vocals. As the longest running music series in California, and recognized for bringing revered musicians to southern California every year, the series begins Friday June 24 at 8:00 PM with "The Max Weinberg 7" featuring special guest Bill Champlin formerly of Chicago. Concerts are held on consecutive Friday evenings throughout the summer until September 30th 2011at the Hyatt Regency, Newport Beach's very own outdoor amphitheater. The venue seats approximately 1000 guests with great Back Bay views. The lush walkways and reflection of the tropics make this one of a kind setting the most intimate venue for Southern California's premier concert events.
"This exciting 2011 season will feature a variety of sounds from a well-rounded group of musicians," said Event Producer and Promoter Jim "Fitz" Fitzgerald of Wendy Jayne Productions, Inc.
"Diverse Financial takes pride in supporting the Jazz Series production at the Hyatt Newport Beach. This is just one part of our commitment to Jazz and the community. We intend to continually donate and sponsor local events in Orange County" said David Kandell, President, Diverse Financial.
The hotel is located at 1107 Jamboree Road in Newport Beach.
Tickets can be purchased at www.hyattconcerts.com or by calling the Hyatt Regency box office at (949)729-6400. For concert schedule go to www.diversefinancial.com/newportbeachjazz.html
Diverse Financial Corporation offers a complete range of financial instruments to high-net-worth individuals, investors and businesses. Using teams of financial specialists, Diverse Financial works to assist clients in developing a long-term financial, retirement & estate plan. They make sure clients understand the importance of updating and creating wills and trusts, having adequate insurance coverage for their spouses and children, and developing long-term financial goals. As a highly recognized insurance and financial services firm, Diverse Financial offers a multitude of insurance, capital advisory and estate planning products to meet each clients' specific needs, protect their finances, and acquire a safeguard for their most important asset—their family. For more information visit www.diversefinancial.com.
Media Contact:
Jennifer Rosen
818-325-0580
pr@diversefinancial.com
Sherman Oaks, CA – May 27,2011
Diverse Financial announces Newport Beach Office in Orange County, California. Specializing in Estate & Retirement Planning, Life Insurance, Advisory and Brokerage Services.
Sherman Oaks, CA -- Diverse Financial Corporation a full service financial services firm, formally introduced the company's office in Newport Beach. The Newport each office was opened last summer in response to the company's continued growth and to accommodate the investment and estate planning needs of the Orange County area residents. The office offers Diverse Financial's full range of products and service capabilities to individuals and their businesses including Life Insurance, Premium Finance Lending, Wealth Management, Stock Brokerage and Private Placement Advisory. The office holds a team of licensed life agents, estate planning attorneys, CPAs and financial advisors and is open Monday through Friday. The office address is 100 Bayview Circle, Suite 330, Newport Beach, CA 92660 and the telephone number is 949-973-2800.
Diverse Financial offers a complete range of financial instruments to high-net-worth individuals, investors and businesses. Using teams of financial specialists, Diverse Financial works to assist clients in developing a long-term financial, retirement & estate plan. Making sure their clients understand the importance of updating and creating wills and trusts, having adequate insurance coverage for their spouses and children, and developing long-term financial goals. As a highly recognized insurance and financial services firm, Diverse Financial offers a multitude of insurance and estate planning products to meet their clients specific needs, protect their finances, and acquire a safeguard for their most important asset—their family.
"The Newport Beach marketplace holds high potential for us. The new office will further strengthen our ability to meet the financial needs of local individuals, investors and companies," said Robert Dillon, COO, Diverse Financial.
Diverse Financial Corporation was founded on and maintains a strong set of core values. The company is a pioneer and innovator in Wealth Management. They provide creative financial & investment solutions for potential estate tax exposure and retirement planning. Diverse Financial is one of the most respected Corporations in the Insurance and Financial Services Industry maintaining the highest ethical standards. Appointed with over 100 of the most well recognized insurance companies in the world, the company provides Investment solutions that aren't known to many financial advisors and conventional bankers. Diverse Financial is client driven to develop individual customized plans to meet clients ever changing objectives. For more information please visit, www.diversefinancial.com.
Media Contact:
Jennifer Rosen
818-325-0580
pr@diversefinancial.com
Sherman Oaks, CA – November 25,2009
www.diversefinancial.com – Many individuals today are looking for the perfect life insurance policy, yet they are overwhelmed with a plethora of choices. From variable to universal life insurance, each coverage plan offers unique benefits to its holder. A variable universal life insurance policy, according to a recently published article on InsuranceAgents.com, blends the two into one and stands out as one of the more unique and very beneficial policies available.
“A mix of variable life and universal life insurance, a variable universal policy offers its policyholders flexible premiums and a modifiable death benefit,” the article, Variable Universal Life Insurance: Take Charge of Your Policy, states. “The amount you receive from a death benefit increases or decreases depending on the success of the investment you choose. With the right investment, however, you can generate significant cash value with a variable universal life insurance policy.”
While disadvantages do exist, the advantages of a variable universal life insurance policy supersede these minor disadvantages. Not only are there flexible premiums and death benefits, but there is also a quality policy that allows its holder to gain a higher cash value with the ability to take out or borrow money from the actual policy during the policy holder’s lifetime.
Due to the current state of the economy however, many individuals are hesitant to obtain a variable universal policy because of the higher price tag. Compared to other types of permanent life insurance, variable universal life insurance is one of the most expensive. Yes, it is the most expensive, yet it is also the most beneficial. Thinking about the price only restrains the individuals from receiving the benefits. Thus, it is best to eliminate the fears and hesitations and invest in an affordable policy as soon as possible.
“Not only are insurance costs cheaper then, but the cash value of a policy will have more years to build on,” the article emphasizes. “With as many cons as it has pros, however, potential holders should consult with a life insurance agent before purchasing a variable universal life insurance policy.”
For more information, contact us at 877-DFC-4655.
Sherman Oaks, CA – February,2009 - Diverse Financial introduces the Aviva MultiChoiceIncomeXtraSM. Aviva MultiChoice annuity allows individuals to invest in an indexed deferred annuity, with several indexed interest-crediting Strategies, designed specifically to help you meet their long-term retirement needs. The annuity value is backed by the financial strength and claims-paying ability of Aviva Life and Annuity Company.
For more information, contact us at 877-DFC-4655.
Sherman Oaks, CA – July 1,2008 - Diverse Financial introduces the new EquityKey Commercial program that enables property owners to receive cash today in exchange for the future appreciation of a wide variety of one or more commercial properties, typically valued at $5 to $30 million.
The result is a highly flexible real estate planning tool, enabling owners to increase liquidity, improve cash flow, and effectively manage and utilize their real estate asset -- without acquiring additional debt.
For more information, contact us at 877-DFC-4655.
New tool allows older property owners in New York, New Jersey and Connecticut, to tap into the valueof their properties today, without a loan or mortgage
San Diego, CA—June 18, 2008-The current credit crunch has many Americans facing difficult financial decisions, and older property owners in the New York metro area are no exception. Nationwide, homeowners age 65 and older are sitting on an estimated $4.3 trillion in home equity value. EquityKey, a real estate investment company, announced today that it now offers property owners in New York, New Jersey and Connecticut a new tool to unlock some of that value.
The Equity Key Real Estate Option™ - also available for properties in California and Florida — is a unique alternative for those between the age of 65 and 85 who may be considering a reverse mortgage or other home loans, or simply want to diversify their portfolio for smarter investing. “EquityKey offers qualified property owners a novel new tool for tapping into the value of their home or property without borrowing against their equity,” said Jeff Nash, co-founder of EquityKey. “We built our program based upon confidence in the long-term health of the real estate market, which allows us to offer short-term financial diversification to our clients. We believe our product will change the way owners in New York, New Jersey and Connecticut think about the value of their residential or commercial properties within their broader financial portfolio.”
The EquityKey Real Estate Option gives property owners the opportunity to receive typically 10 to 15 percent of the assessed value of their property as an upfront cash payment in return for selling 50 percent of its future appreciation to EquityKey. The sale of this Real Estate Option does not dilute the owner’s current equity. Unlike a reverse mortgage or other home equity debt product, the quityKey payment does not accrue interest and does not need to be repaid as long as the homeowner abides by the EquityKey option agreement.
Sherman Oaks, CA – May 10,2008 - Diverse Financial announces three additional carrier approved premium finance programs with Peach Holdings, Inc. ("Peachtree"), Polaris and United National Finance, Inc. ("UNF"). These premium finance programs are particularly valuable relationships for agents because they provide new methods for transacting business.
The benefits of these new relationships with Peachtree, Polaris and UNF do not end with the agents, but extend to their clients who will benefit by receiving the best product fit due to access to more carrier approved premium finance programs.