We're In It To Win It: Client Success Stories

Advocacy is a big part of what we do. It is not just about financial planning and investment management. I want to personally share news of some of the battles we have fought and won, and I want you to be aware that these things go on, and you need to be prepared to stand up for yourself if you are being taken advantage of. We have accumulated many of these stories over the years.

We recently had a client who entered into a reverse mortgage. This really had nothing to do with us, but we did review it and it seemed like a reasonable deal. This case was simply like a home equity line of credit that grows and can be used for long term care or other expenses in an emergency. The plan was not to touch the funds. 

Of course, banks are strict, and any mortgage requires the application, credit check, appraisal, insurance verifications, and proof of so many things to prove eligibility. Our client, a single woman and senior citizen, went through all the hoops and qualified and was granted this credit line. Two months after closing, the bank came after her for forced place windstorm insurance. Many people who have a house paid off free and clear drop their windstorm insurance. I don’t necessarily recommend it, but it is so expensive and if the house has been “hurricane-proofed” as much as can be done, it can seem like a big savings. 

It seems impossible that the bank didn’t know this insurance wasn’t in place before the closing. This out of the blue, after the fact requirement made this mortgage a bad deal for our client, and she would never have gone ahead with it ... Read More

Welcome to Team Treece!

Andrey Mangushev:

Office Assistant / Database Administrator

Andrey is a student of the Florida International University, majoring in Finance and Accounting. Andrey is working with our team for maintaining the customer relationship management system to increase interactions between customers and our company and to keep track of renewing data for existing and potential customers.

Andrey, who is fluent in Russian, will have the opportunity to learn more about the financial services industry, small business marketing, and building a stronger relationship with our clients.

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Referral Partner of the Month:

Stephanie L. Schneider, P.A.: Board Certified Elder Law Attorney

Stephanie speaks nationally and locally about elder law issues. She has had articles published in professional journals such as the NAELA Journal, Florida Banking, and has been quoted in the Wall Street Journal Marketplace, Sun Sentinel and other professional and consumer publications. 

The firm specializes in estate & incapacity planning for people of all ages, adult and minor guardianships, probating estates, long term care planning and veterans benefits counseling, planning for domestic partners & the LGBT community. Our services are provided with compassion, respect and commitment. 

Elder law addresses issues children and adults face when they become ill as they age. 

Please visit fl-elderlaw.com to learn more. 

Note: We often get asked to recommend professional and other services. We never accept commissions or fee splits from those we recommend. View our complete referral list.

The above mentioned professional is not affiliated or registered with Cetera Advisors LLC.

Securities and advisory services offered through Cetera Advisors LLC, member FINRA/SIPC, a broker/dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity.