Our mission is to help trustees and advisors fulfill their fiduciary duty in managing life insurance portfolios.  Marquee Fiduciary Advisors (MFA) provides life insurance portfolio management services for corporate trustees, charitable foundations, and institutional investors. The goal of portfolio management is to 1) minimize the risks of individual life insurance policies as well as overall portfolio risk and 2) identify and then recommend the sale of, and where appropriate, the replacement of under-performing life insurance policies to maximize portfolio returns.

Marquee Fiduciary Advisors is the Program Manager for Fiduciaries Risk Retention Group, Inc. For more information, go to: www.FiduciariesRRG.com.

Corporate Trustees

The Uniform Prudent Investor Act (UPIA) requires trustees to make decisions regarding the retention or disposition of insurance policies based on an overall strategy having risk and return objectives reasonably suited to the trust.  Marquee Fiduciary Advisors has developed a prudent process for identifying and measuring the risk level of life insurance policies to meet the requirements of the UPIA.  The three risks that are analyzed are Funding Adequacy, Cost Competitiveness, and Carrier Financial Strength. In addition, MFA prepares a Suitability Analysis of insurance policies in light of the purpose of the trust.

Charitable Foundations

Individuals can donate their life insurance policies to a charity which then becomes the owner and beneficiary of the policy. The charitable institution is responsible for paying premiums if necessary and collecting the face amount of the policy at the death of the insured donor. Marquee Fiduciary Advisors provides a risk analysis of individual policies for charitable institutions. For example, if a carrier’s ratings decrease, it may be prudent to sell or surrender a policy rather than retain it. MFA also advises charitable institutions on the optimum premiums to pay on universal life policies to maximize portfolio returns.

Institutional Investors 

Life insurance portfolios perform differently than the individual policies within the portfolio.  For institutional owners of large portfolios of life insurance polices, Marquee Fiduciary Advisors models IRR assumptions relative to life expectancy categories, policy sizes and investment timetables.  After the pricing model and selection process for individual policies is determined, MFA develops portfolio models based on expected yearly mortality rates.  Using proprietary software to identify the best performing and worst performing policies in a portfolio, Marquee Fiduciary Advisors recommends the sale or restructure of under-performing policies to maximize portfolio returns.