Serving Clients throughout the U.S. and Internationally

Risk Management Services

You know us as tax experts, now know us as financial planning experts.

It is no secret the world is more complex than it has ever been and most of us can probably agree that greater complexity often creates greater risk. The kinds of risk we see at Connally, Jordan & Associates, P.C. Certified Public Accountants usually have to do with our clients' personal financial lives, changes to the tax code, threats to personal or business income, loss of account values just to name a few.

So naturally, many of our clients ask us how they can deal with the various financial risks they face. While not all risks can be eliminated, there are four primary ways to help deal with financial risk: accept it, avoid it, reduce it or transfer it. The first three methods have more to do with changes in behavior but it is the last method that clients often ask us to provide advice about and to help them obtain.

Over the years, we have noticed an increased interest in different kinds of insurance products for individuals, business owners and professionals. There has certainly been interest lately in health insurance but we are routinely asked about life insurance, disability insurance and long-term care insurance. These are the three main ways most people can protect their income and their assets, thereby transferring their financial risk to a third party in this case to well capitalized, highly rated insurance companies.

Now, here at Connally, Jordan & Associates, P.C. Certified Public Accountants we are pleased to announce you can obtain health insurance, life insurance, disability insurance and long-term care insurance through our office. The next time you speak to one of our associates, be sure to ask about any of these important products to help protect against financial risks of all kinds. We will give you objective advice about which ones are right for you. There are too many financial risks in life to be unnecessarily unprotected.