31 August 2017Analysis

FEI selects CapAlt as preferred captive services provider

The Financial Engineering Institute (FEI) has selected Atlanta-based risk management consultancy Captive Alternatives (CapAlt) as the preferred provider of captive insurance company managegement services within its network of 2,200 wealth management professionals.

"We are excited to add Captive Alternatives to our Expert Sourcing Team," said FEI president and managing partner Nick Gregory. "The Captive Insurance model is an essential consideration when it comes to building a comprehensive risk and wealth management strategy. Captive Alternative's international presence and expertise in this market make them a natural fit for our team."

CapAlt CEO Mark Jacobs added: "To achieve the wealth management goals of a family or business and remain fully compliant, you have to assemble a great team. We are honored to join one in FEI's Expert Sourcing Team."

CapAlt provide solutions through a Puerto Rico international insurer and manages operations from offices in Atlanta and Puerto Rico.

David Kirkup, COO of CapAlt, commented: "Fortune 1000 companies have been using captive structures to manage risk and build wealth for decades, and now the most sophisticated financial advisors are guiding their clients towards the significant benefits of forming a protected captive."