Lightpath Wealth Management, LLC. (“Lightpath”) is a Registered Investment Advisor (“RIA”), registered with the State of Kentucky. Lightpath provides asset management and related financial services for clients throughout the nation. Lightpath will register and maintain all applicable licenses, as required by the states in which Lightpath conducts business, as applicable. Lightpath provides individualized responses to persons in a particular state only after complying with all regulatory requirements, including any applicable state exemption or exclusion.
* By contacting us, you may speak with a licensed insurance agent and be provided information about insurance.
The Stafford Corporation (“Stafford”) is a licensed insurance producer in Idaho and offers the Flexmethod and insurance products and services through its licensed insurance brokers. The Flexmethod is an asset-based lending strategy that seeks to generate cash flow by borrowing against the value of an eligible life insurance policy; it is not an offering by Stafford of investment advisory services or securities. Certain eligibility restrictions may apply. In connection with the Flexmethod strategy, Stafford incorporates the services of affiliated service providers as necessary, including but not limited to: (1) the Cash Value Lending Corporation (CVLC), as lender, and the Cash Value Fund, L.P., which has entered into certain debt and equity financing arrangements with CVLC; (2) Stafford has affiliated relationships with Doceo Life and The Consortium Midwest for the services of life insurance origination; and (3) Desert Rose Capital Management, Inc., an SEC registered investment adviser that provides investment management services to the Cash Value Fund, L.P. and other clients. The compensation earned by these entities in connection with the Flexmethod presents a conflict of interest for Stafford because Stafford is incentivized to use or recommend that you use these affiliated service providers. The statements contained herein are aspirational in nature and for illustrative purposes only. The suitability of the Flexmethod and its results will depend on the facts and circumstances of the individual policyholder. The Stafford Corporation also has an affiliated life settlements line of business doing business as Aspen Life Settlements, an Idaho licensed life settlement provider.
There are risks associated with the Flexmethod that you should consider and discuss with your Stafford representative and other financial professionals, including, but not limited to, market risk, interest rate risk, and additional loan renewal requirements. Any guarantees and benefits of an insurance policy are subject to the claims-paying ability of the issuing insurance company. It is possible coverage will expire when either no premiums are paid following the initial premium, or subsequent premiums are insufficient to continue coverage. Distributions taken through loans and withdrawals will reduce a policy’s cash surrender value and death benefit and may affect policy coverage and performance. In addition, if the policyholder fails to repay any insurance-backed loan pursuant to its terms, the loan could default, the insurance contract could lapse, and the value of the policy could be forfeited. The Flexmethod seeks to provide access to potentially tax-free withdrawals because loans are generally not considered income; however, you should consult with your tax advisor regarding the specific tax implications of any strategy. Tax implications are possible if a life insurance policy is sold or surrendered.
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