u/Brilliant_Adagio_570

First of all, his death is a terrible tragedy and I feel for his family during these times. The story of how he passed is so crazy, and I can’t imagine going through this.

I saw a LinkedIn post about his IUL lawsuit and found this recent article on ESPN. He had a net worth of over $80 million, so I’m sure his family will be ok financially regardless. As CFPs, this is the exact scenario we are planning for in the worst case situation that could happen to a client. From an estate tax planning perspective, I’m sure this strategy was suitable and would have made sense if designed correctly. Pac Life or his FAs, must of not explained how they work correctly.

https://www.espn.com/racing/story/\_/id/48103393/kyle-busch-settles-85m-lawsuit-pacific-life-insurance

What is a realistic revenue growth rate for more experienced advisors who have been doing this for 15-20 plus years? Google says 10-15%

I calculated my last 5 years and it is 16%. I’m 32 years old with 8 years of experience generating $550K T12. I plugged this into a future value calculator and even at 10% over 33 years, I would be producing more than $12 million a year when I retire. That is kind of crazy, right? Or will we see so much fee compression over the next 10-20 years that number will probably be cut in half.