The Wealth Preservation Institute (WPI)
Roccy DeFrancesco, JD, CWPP™, CAPP™, MMB™; Founder
The WPI was created to fill the sizable void in the educational community when it comes to “advanced” planning topics such as:
-Income and Estate Tax Reduction
-Business Practice Management
The above education areas include, but are not limited to, the following topics:
Domestic LLCs, FLPs and Offshore Asset Protection trusts, International Tax Planning, “Freeze” Partnerships, WealthBuilder Annuity, The Leverage Bonus Plan, Section 79, The 1% CFA Mortgage, Equity Harvesting, Equity Indexed Annuities, The Maximizer, 401(k) Plans, New Comparability Profit Sharing Plans, Defined Benefit Plans, 412(i) Defined Benefit Plans (and carve out plans), VEBAs/419 Plans, ESOPs, Life Settlements, Reverse Mortgages, Life Insurance, Charitable Remainder Trusts, Charitable Gift Annuities, Family Foundations, Qualified Pension Insurance Partnerships, Intentionally Defective Grantor Trusts, A/R Financing/Leveraging, Long-Term Care Insurance, HRAs, Drug Carve-Out Plans, Section 125 Plans, HSAs, Corporate Structure and many more topics.
The WPI's mission is to educate insurance advisors, CPAs, EA, accountants, financial planners, attorneys and real estate brokers/agents on the above listed topics so the best possible advice can be given to help clients who have a net worth in excess of $2,500,000 or have an annual income of at least $200,000.
Far too often, our best clients receive poor advice that puts their personal and business assets at risk, allows them to pay too much in income or estate taxes, and does not accomplish in a timely manner the ultimate goal of most clients, which is to retire early with no worries about losing capital.
High-net worth clients today do not have a central advisor who knows “all” the “advanced” planning tools so a complete asset protection, estate, and financial plan can be implemented. While the team approach to planning is certainly important, most people on the team do not know (in a detailed manner) the majority of the topics covered in the CWPP™ or CAPP™ course.
Due to the knowledge a CWPP™ or CAPP™ will obtain while going through the certification course, he/she will be in the best position to be the “team” leader to make sure a client is completely asset protected, pays as little as possible for income and estate taxes, and has the ability to retire without the worry of losing their assets to poor investments.
Therefore, not only will the certification course be an educational tool to help advisors become more well rounded, but the course will allow advisors to increase either their billable hour income and/or commission income.
The motto of a CWPP™ or CAPP™ is the “client’s interest always comes first” (regardless of how that advice affects the advisor's income).