205: How To Use Captive Insurance For Asset Protection and Tax Reduction with Wesley Sierk

<p>Wesley Sierk is the President and Lead Strategist at Risk Management Advisors, Inc. and an expert in the implementation, design and management of captive insurance.</p> <p><br></p> <p>With almost 20 years of experience in the field, Sierk has unique insights into the world of captive insurance, asset protection and risk management. Today, his firm manages the second-largest number of captives in the world.</p> <p><br></p> <p>Wesley is a versatile, opinionated and dynamic speaker on a range of matters related to finance, business and insurance. He is also the author of two major books on the topics of asset protection and captive insurance, as well as a prominent keynote speaker at conferences around the United States.</p> <p><br></p> <p>*DISCLAIMER - We are not giving any financial advice. Please DYOR*</p> <p><br></p> <p>(00:00 - 1:50) Opening Segment</p> <p>-Introduction of the host into the show&nbsp;</p> <p>-Alpesh introduces the guest of the show, Wesley Sierks&nbsp;</p> <p>-Bob shares something interesting about himself</p> <p><br> (1:50 - 31:42) How To Use Captive Insurance For Asset Protection and Tax Reduction&nbsp;</p> <p>-Which assets doe's Sierks want to invest, and why?&nbsp;</p> <p>-Alpesh asks some questions&nbsp;</p> <p>-Is there any tool or website Wesley recommends&nbsp;</p> <p>-Wesley gives advice to beginner investors</p> <p><br></p> <p>(31:42 - 40:00) Fire Round&nbsp;</p> <p>-Would Wesley be changing business strategy after the pandemic&nbsp;</p> <p>-Wesley shared a book he read</p> <p><br></p> <p>(40:00 - 41:25) Closing Segment&nbsp;</p> <p>-If you want to learn more about the discussion, you can watch the podcast on<a href="https://www.youtube.com/watch?v=JlQ-wAsiL94&amp;feature=youtu.be&amp;ab_channel=WealthMatters"> </a><a href="https://youtu.be/UjVeuk4UPnM">Wealth Matter’s YouTube channel</a><a href="https://www.youtube.com/watch?v=JlQ-wAsiL94&amp;feature=youtu.be&amp;ab_channel=WealthMatters"> </a>and you can reach out to Alpesh using this <a href="https://wealthmatrs.com/contact/">li