What Is an 831(b) Captive Insurance Plan?
Corey Smith Corey Smith

What Is an 831(b) Captive Insurance Plan?

If your business carries risks that traditional insurance doesn't fully cover, an 831(b) captive insurance plan might be worth a closer look. In this post, we break down how these plans work, why some business owners use them as part of a broader risk management strategy, and what the IRS requires to keep them compliant. We also cover who this structure may be right for — and the important red flags to watch out for. Whether you're exploring this for the first time or want a clearer understanding of the risks and benefits, this is a practical, no-shortcuts guide to getting it right.

Read More
Why High-Net-Worth Investors Are Moving Beyond Stocks and Bonds
Corey Smith Corey Smith

Why High-Net-Worth Investors Are Moving Beyond Stocks and Bonds

For decades, the 60/40 portfolio was the gold standard. But today's high-net-worth investors are looking beyond Wall Street — toward alternative investments that offer stronger diversification, tax advantages, and passive income potential. Here's what's driving the shift.

Read More