Planning, Professionalism, Prosperity

Welcome to our web site!

Many people find financial planning complex and confusing, and often miss out on potentially rewarding  opportunities. They also take unnecessary risks and fail to adequately protect their assets by subjecting their assets to the expense of probate and legal fees.

Life Insurance and Annuities are exempt from the costs of subjecting assets to probate, and generally are exempt from the claims of creditors.

Now more than ever because of global volatility, the European debt crisis, our own debt issues, and the current low-interest environment on CDs and money market funds, investors need to have a financial advisor with whom they can have trust and confidence.

As of Semptember 18th, 2019 the average 1st year rate of fixed annuities is  3.75 %, tax deferred, guaranteed for one year. Chairman Powell announced today that the FED will be lowering its benchmark rate by .25 basis points to approximately 1.75 - 2%. He justifies his position by stating that the inflation rate is within 2%. Is he and the other members of the open market commitee living on another planet? Check your health insurance premiums or your supermarket or your gas station and see if you agree.

The 10 year Treasury, as of Semptember 18th, 2019 is approximately 1.9 %. Annuity rates have risen as shown above to about 3.75%, guaranteed for the first year, and are tax deferred.

That’s where Gerald Chatanow, MBA, CLU can help. Our goal is to take the mystery out of investing, managing risk, preparing for retirement, and preserving your wealth, by helping you acquire the information you need to pursue your financial objectives. We hope to establish long and trusting relationships with our clients. We represent many insurance carriers and we are truly independent.

There are now 4 or 5 companies that are issuing deferred annuities, in advance of a projected retirement age. This guarantees a flow of income begining at retirement guaranteed for life.

 

If you want a quote on annuity interest rates call me at (212) 818 - 0610 or email me at chatanow@gmail.com.

 

Our Qualifications

Gerald Chatanow, MBA, CLU began his career just after earning his MBA degree in insurance and financial planning from the University of Pennsylvania, Wharton School of Business. He received the professional designation of Chartered Life Underwriter from the American College of Financial Planning.

A current member of the Society of Financial Service Professionals, Life member of the Million Dollar Round Table, Gerald Chatanow, CLU is a well-known and respected speaker on a wide range of financial subjects. He has lectured to the New York City Chapter of the Society FSP, the Clark Foundation, the Penn Club of New York City, Washington National Life Insurance Company, Ernst and Young Company. He was editor of the New York City CLU pointers column and a financial columnist for "Real People Magazine".

He is co-author of "Another Time, Another Place" A neighborhood remembered, an oral history of growing up in Brooklyn, New York, in the 1940's and 1950's.

 
Our Firm

Gerald Chatanow, MBA, CLU offers people in our community a full range of financial products and services. We believe that tax planning, retirement planning, and estate conservation should be top priorities for individuals and families of all ages and income ranges.

 Ours is a personal service business. Our most important asset is the personal approach ensuring consistency of treatment and fulfilling your requirements. We are truly independent and represent our clients only.

Our Services

The financial management process at Gerald Chatanow, MBA, CLU begins with an in-depth evaluation of your current financial situation. Once we've established your overall objectives, we’ll focus on your specific goals.

With changing economic conditions and market swings, we advocate investing sensibly over the long run and maintaining an adequate level of insurance coverage. We work with you side by side so that you’re confident in and comfortable with the financial suggestions we make.

Some of the services we offer:

1) College funding

2) Investment planning

3) Retirement planning

4) Estate conservation

5) Annuity cash flow management

6) Coordinating tax planning with retirement goals