Competitive Illustrations

A competitive illustration through TailorMade Financial’s concierge services begins with identifying the most advantageous plan design according to the clients’ specific goals and objectives. The best carriers in relation to the clients’ specific plan are also identified during the competitive illustration analysis and design process.  This is the primary goal of the competitive analysis.  The financial services industry, to a client though, can seem like it utilizes more acronyms than the military.  Acronyms like FINRA, SEC, NASDAQ, GPT, NYSE, IRR, FIFO, TAMRA, LIFO, QTIP, CFP, FLP, CVAT, FASB, ILIT, ERISA, NQDC, QPRT, APS, GRAT, GRIT, GRUT, NIMCRUT, MEC, CRT, ESOP, GSTT, IRD (we could keep going on for days here, but you get the picture!) can be extremely overwhelming for the average client.  With that in mind, the secondary goal of TailorMade Financial’s competitive design process is to focus on illuminating a clear, concise, and easy to understand plan.  We not only identify the best provider and plan design, but we also demystify the entire process for the client.