Blog 78 – The Infinite Banking Concept: Why We Believe In It

We have been involved in the financial services industry since 1994. After working for two of the major financial institutions in the world, my wife and I started our own company (Universal Wealth Managers LLC) in 2005 with the purpose of offering our clients unbiased insurance brokerage and financial advisory services.

During the financial crisis of 2008, we finally came to the conclusion that “conventional financial wisdom” was based on faulty premises and to properly serve our clients and protect them from the greed, corruption, and irresponsibility of Wall Street banks and financial institutions, a paradigm shift was in order.

It became our mission to find ways in which individuals could accumulate money that they could control and that was not exposed to the risks of the stock market, so none of our clients could lose again 40 to 50% of their money when they were two years away from retirement or when their child would start college the following year.

Shortly after the 2008 financial crisis we met an old colleague who gave us a copy of Nelson Nash’s “Becoming Your Own Banker”. After a couple of readings, the concept seemed to us “too good to be true”. Based on our educational background and training, we tried to poke holes into the idea, but the more we tried, the more we became convinced that that 92-page book made a lot of sense.

To make a long story short, after spending over twenty-five years in the financial services industry, nothing has had a more profound impact in our personal and financial lives than reading and understanding the masterpiece “Becoming Your Own Banker”. It convinced us that most of our financial education and experience was not based on reality but on flawed premises and that the only way to control our financial future was to control the banking function ourselves. It has provided us, our family, and our clients with financial independence and peace of mind.

Our contact with our clients now is not to explain why they lost 40 to 50% of their money in their investments, but rather to answer questions like how much more PUAs can I add to my policy this year or how much cash values do I have in my policies. They are stress-free conversations.

If you would like to learn how you can grow a substantial amount of cash that you have access to at any time without penalties, is unrelated to the stock market, and will generate income that is not included in your tax return, visit our website at  or feel free to email us your questions at or call us toll-free at 1-844-443-8422.

Isis B. Palicio, LUTCF, MBA
Pedro A. Palicio, MBA, Ph.D.
Infinite Banking Concepts® Authorized Practitioners

We are experts in designing high cash value dividend-paying whole life policies.

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