Best Selling Author Provides Solutions For Asset Growth and Protection
Working With A Wide Distribution Network of Service Representatives,
The Wisconsin Based Entrepreneur Jace T McDonald Facilitates Financial Independence
Via Alternative Wealth Options And Tax Free Solutions
Growing up in the country outside of Madison, Wisconsin, Jace T McDonald was nine years old when he started working for one of the largest dairy farm operations in the state. He rode his bike past other smaller farms to spend his days doing even the most menial tasks—a several year stretch which instilled in him a powerful lifelong work ethic and understanding of how hard people toil to achieve their financial goals.
Decades later, after 17 years of running a successful contracting business with over 100 employees at our peak, Jace T McDonald’s desire to help hard working people achieve financial independence and a retirement marked by true peace of mind led him to take a huge leap of faith and change careers. Immersing himself in an extensive educational process with top financial service providers across the country, he realized there was a huge need for small business
owners like himself to learn about alternative wealth products (as opposed to traditional stock market products) for protecting and growing wealth.
After years of owning and running a successful business, he can sum up the driving force behind his company, Asset Growth and Protection, with a simple question: If there’s a better way to do something, would you rather know the first day or the last?
Since launching the firm in 2009, Jace T McDonald—working with a powerful and growing distribution network of financial service providers across the U.S. – has helped thousands of individuals and soon to be retirees achieve peace of mind in their retirement. The majority of his clients are or were successful small business owners, ranging from doctors and dentists to ranchers and farmers. Providing a powerful turnkey solution, his ever-growing firm is focused on growing its clients’ dollars and protecting them from losing principal and liability using self-directed accounts.
Asset Growth and Protection currently has three offices—in Oxford, Adams and Ashland, Wisconsin.
Driven by each client’s individual response to the question, “Is your money working as hard as you are or did before retirement?” Jace T McDonald and his staff are dedicated to educating them throughout the process—opening up low cost, low tax or tax-free alternatives they were possibly previously unaware of.
He offers comparisons between what a client has been doing with their money the last 10, 20 or 30 years and what they can achieve via the alternative vehicles he offers based on current economic conditions. Asset Growth and Protection will construct two financial roadmaps to compare and contrast. One forecasts where the client’s money will be years into the future based on their current financial plans. The other is Jace T McDonald’s alternative plan featuring unique safety nets featuring no principal losses tied with tax free options—a crucial feature at a time when the majority of people and industry experts believe taxes are only going to go up.
“We show them tax free and alternative safe options to get them where they want to be,” Jace T McDonald says. “Everyone’s goals are different, so we ask a lot of questions, and once we see where their needs fall, we can design a turnkey solution plan drawing on the resources and expertise of our network of service providers. I’ve found throughout my years of research and running Asset Growth and Protection that most business owners and entrepreneurs lack financial peace of mind—not because they are not working hard enough, but because they have the wrong vehicles to earn properly.
“Most of America,” he adds, “is stuck in the stock market and not aware they may qualify for using programs that banks use to make money!” In a chapter that Jace T McDonald is contributing to an anthology called The Soul of Success (featuring other top entrepreneurial talents), he details the three things that his clients want: 1) safety and protection; 2) tax benefits; 3) maximum earnings without risking safety and protection. “Our clientele wants to take the turnkey approach we offer and the self-directing option, meaning essentially they are in charge of everything, including such items as self-direct IRAs,” he says.
Jace T McDonald makes the unique acknowledgement that he will never get to meet in person the people who will ultimately benefit most from the plans he helps structure—the heirs of his clients, the spouses, children and grandchildren who will benefit from the financial legacy his clients will leave behind. To accomplish important things, and to expand the education process for these clients, he draws on the expertise of many of his outside specialty providers.
He works with one of the U.S.’s Top 10 national trust companies, and several top international companies in a variety of other areas insurance services, attorneys and paralegals who do trust and asset protection. . The firm also provides tax-free retirement options that can boost a client’s retirement dollars tax-free year after year, ideal for children and grandkids.
“Trusts are very detailed, covering such areas as wills and health care power of attorney,” Jace T McDonald says, “so it’s crucial that our clients work only with the best providers in this area to make sure they’re done properly and have the options the deserve.”
A great advantage to working with Asset Growth and Protection is the volume scale discounts they offer on this wide array of services—due to Jace T McDonald’s relationship with these providers and the volume of clients he brings to them. He explains that if a small business owner or retiree calls one of these companies directly to engage their services, it might cost $1,500, but if they do it through Asset Growth and Protection, the same service might only cost $125—translating to huge savings, and another way to ensure asset protection and affordability.
“Being a one stop shop solution, with a wide reach that now extends internationally through our provider distribution network, is what makes us unique in providing alternative ways of asset management and protection,” he says. “The general approach people take is piecemeal, where they go to their stockbroker to help them buy stocks, and then go to attorneys or paralegals to help them with trusts. But when it comes to doing trusts, many professionals are not aware of new options for providing the big picture of asset protection that we do. We’re the facilitator of services, so instead of having a separate firm taking care of your trusts, stocks and other financial concerns, we show you how to protect those assets with low cost solutions.
“I’ve found that most small businesses don’t budget for these kinds of services, so when they encounter our low cost payment options to help them accomplish their goals, they’re very excited and grateful,” Jace T McDonald adds. “It’s also important to say that our clients go through a strong screening process so that we make sure we’re a good match for their needs. Asset Growth and Protection is anything but a one size fits all enterprise, and on occasion there are people who come to us that we don’t feel we can help.”
One group of people that Jace T McDonald has a particular heart for is Native Americans. A descendant of the Bad River Ojibwa tribe through his mother’s side of the family, he created the Tribal Initiative to help provide tribes access to institutional programs that provide jobs, education, protect funds and earn absolute gains. The Initiative assists all sovereign Native American nations throughout the U.S. and world with education, healthcare, 401(k) plans, housing and enterprise programs and other revenue boosts. On a dedicated website, Jace T McDonald and his team of experts share their mission to assist tribes for such no cost services as saving tribal funds from unnecessary costs; creating jobs and revenue; securing tribal sovereignty through education; and access to institutional programs.
“Tribes around the country have expressed the need for jobs and additional revenue, and one of the things we offer at Asset Growth and Protection as an element of our overall business is helping provide those as a niche service,” he says. “Members of these tribes have the same needs as the business owners and retirees we work with – more revenue and a need to protect what they’ve worked hard for. We put packages together for tribes to enable them to access these in depth programs. As with all the services we offer our general clientele, the Tribal Initiative program is a turnkey solution tied around these platforms.”
For Jace T McDonald, some of most exciting aspects of running Asset Growth and Protection are the facts that the firm is not restricted by state or national boundaries and has thus blossomed into a truly international service provider—and the fact that his roster of service agents is expanding daily. As an example, during one week at the end of April 2015, while he was out of town at a conference, a dozen new service agents came on board. They are assisted by the staff of Asset Growth and Protection from the firm’s four current office locations.
In the book chapter, Jace T McDonald tells a troubling story that illustrates the value of the firm’s asset protection services—and why he is so passionate about providing these — in a powerful way. He mentions receiving a call from a young lady whose father died. She mentioned that her father, who died unexpectedly at only 71, had spoken highly of Jace T McDonald, and she wondered if her father had taken the time to do what he had recommended. Sadly the answer was no – and Jace T McDonald had to tell her that he did not protect his assets.
The ensuing issues as a result were a large probate expense and losing money based on the fluctuating market and unprotected assets. Jace T McDonald explains that when he reached out to the man months before his death, he had lost over $500,000—and he had lost even more in the month before he passed away. Jace T McDonald fears that it was the stress that killed him.
“This very sad story about a wonderful man I had the opportunity to meet really motivates me to tell as many people as possible about the value of checking into better options for their assets,” he says. “I can’t make everyone listen, but when they meet me they’ll know why they’re so important. My favorite part of this business is getting to work with wonderful people that I choose to work with. It’s a blessing to be able to choose your customers and the team you enjoy working with. I’m here to make a difference and lead an amazing team that changes people’s lives. God has blessed us to assist others and we are truly thankful for the opportunity to do so each day.”