CONNECT

Address:

1160 Marsh St
Suite 200
San Luis Obispo, CA 93401

Phone:

Direct: 805-782-6641,Toll-Free: 877-344-3817

Fax/Other:

805-546-8998

Reinsurance Investment Management

Dealer Investment Services

The Goodwin & Speirs Investment Group of Wells Fargo Advisors has more than 30 years combined experience providing reinsurance account management and investment advice to the automotive industry.

Automotive dealer principals want to make the most of reinsurance assets, but the average investment advisor lacks the knowledge and experience to navigate this complex field.

Working closely with reinsurance agents, service contract administrators and affiliated reinsurance companies (ARCs), our professional guidance has helped hundreds of clients strengthen the potential of their reinsurance assets—with an eye towards saving them time and money.
 

Delivering Results

Managing automotive reinsurance assets is about more than sage investment advice. It's knowing the ins and outs of the business to avoid pitfalls and keep pace with client needs.

Working with The Goodwin & Speirs Investment Group of Wells Fargo Advisors, clients enjoy:

  • Efficient account opening. Our specialized knowledge and experience opening hundreds of reinsurance investment accounts allows us to open accounts quickly and efficiently so our clients can begin to deposit funds and invest promptly. Agents, service contract administrators and ARCs are informed of our progress and ongoing management throughout the process to ease collaboration.
     
  • Custom investment strategies and advice. Just because reinsurance companies have strict Investment Policy Statements (IPS) doesn't mean clients should be forced to leave reserve account funds in cash or settle for high-fee, low-return investments. Our team understands the nuances of IPSs and can develop a custom investment strategy that is designed to balance client goals and risk tolerance while offering a broad array of investments.
     
  • Surplus account management. Dealerships leave money on the table when excess premiums aren't carefully monitored and swept into surplus accounts free from IPS restrictions. We regularly monitor client accounts for excess premiums and develop a customized strategy for investing these funds that lines up with client investment objectives.
     
  • Frequent communication. We keep agents, service contract administrators and ARCs informed at every step, tracking and reporting returns on reserve and surplus accounts so everyone is always on the same page. Our approach combines convenience, including online account access, with the personal service of a team that's available to take your calls.
     
  • Personal investment management. Our services go beyond reinsurance. From investing personal assets to 401(k) plans for dealerships, we have the expertise and tools to help dealership owners manage both their business and their personal financial lives—everything from retirement planning and wealth preservation to paying for college and charitable giving.

 

Exceptional Knowledge and Experience

We know what our clients want and how to deliver it to them.

  • Reinsurance Agents. There's nothing more important to a reinsurance agent than satisfied clients, and we share that goal. We do the heavy lifting—opening accounts and developing a dynamic and customized investment strategy—while keeping agents updated. Our years of experience have helped us hone our process, making opening an account quick and easy.
     
  • Service Contract Administrators. Automotive reinsurance is a detail-oriented business with strict investment guidelines, and we know how to mind the details. From investment policy statements (IPS) and investment guidelines, including the preference for risk aversion, we offer individualized and objective investment advice that complies with IPS guidelines. Not only that, but we make the account opening process easy. Our team handles the administrative details and helps review for contract administration so clients spend less time on paperwork and reporting.
     
  • Affiliated Reinsurance Companies. Our specialized knowledge helps dealer principals take a successful profit center and make it even more efficient and valuable. We free dealers and managers from the burden of managing reinsurance assets—opening trust accounts, tracking reserve funds and investing assets according to guidelines. From establishing reinsurance companies and managing assets within policy guidelines to creating customized investment strategies for reserve and surplus accounts, we're a partner in helping build wealth.
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FINRA’s BrokerCheck Obtain more information about our firm and its financial professionals