TWP Financial & Insurance Services LLC® was Founded with Two Things in Mind
To help Californians have the best health insurance possible no matter what age you are or what phase of life you are in; just out of college, getting married, starting a family, leaving the corporate world or retiring.
To assist retirees or “almost” retirees in creating a financial strategy that makes sure they can afford to maintain their lifestyle, that they have enough money for as long as they live, and that their family is taken care of when they die.
Our Story
When Tim Peterson started the company in 2007, he had come out of many years working for non-profits. This experience helped develop and deepen his "How can I be of service?" mindset, which became one of the core values of TWP and is the foundation of the company.
Tim grew the business mainly by networking with other business owners and even going business-to-business throughout West Hollywood, Hollywood, Santa Monica and all around the Los Angeles area. He enjoyed meeting and getting to know many small business owners in the area and actively participated in several local networking groups.
This process of door-to-door and face-to-face worked so well that he had to ask his life partner, Phyllis Hyde, to join TWP in 2009. She shares Tim’s values of caring and being of service. She jumped in and the business has continued to flourish ever since.
Why we do What we do
One thing we know from talking to thousands of prospects and clients over the years: We all work very hard for our money. We all want to take care of our personal situation and our families. That is why we love insurance. It is designed to protect you and your loved ones and minimize your losses. And just as important, we make sure you fully grasp the benefits of the policy and choose the best one for your needs. This can only happen when we understand your unique and personal situation.
We also only deal with companies that will be there to honor the policy you have purchased. We are not a 1-800-Get-Insurance hotline. We know our clients and care very much about them. We keep in touch. An online-get-insurance-super-simple website often ends up with a lot of frustrated customers who cancel their coverage after a few months. Over the years we have had dozens of people call us who thought they understood what they were signing up for and it did not quite work that way.
Looking After Your Interests
In going to a thousand networking meetings, Tim always ended his short speech by saying, "We got your back". It is true. We always make sure you are taken care of.
Insurance keeps on changing. At one point, it looked like health insurance companies wanted to eliminate the broker. They would if they could! But the insurance company bigwigs found that people stay with their policy a lot longer and have less complaints if it was sold by a good broker who considers, informs, and educates the client so they understand what they are getting.
Partners
Timothy W. Peterson
Tim has been helping individuals, families and groups with their medical and financial planning needs since 2007. He brings the strength, understanding, and care that go with running various businesses over his career, including ten years as the manager of a multi-state outreach department for an international nonprofit organization.
He also enjoys creating solid financial plans and specializes in helping people transition from the accumulation phase (putting money into their retirement plans) to taking it out as a source of income in retirement. This process is not just about dollars and cents but really understanding his client’s desires, passions, and purpose.
As a fiduciary, he is motivated to do what is best for the client. He always keeps up with the latest plans, investments, and strategies to make sure your dollars are growing as efficiently as possible.
If you want to have insurance that works for you and a stress-free retirement, Tim can help you create a comprehensive plan that uses a wide range of strategies and options.
In his free time, Tim enjoys his family, friends, hiking, yoga and meditation. One of his favorite quotes is: Above the clouds, there is always the sun.
Phyllis Hyde
Phyllis is passionate about taking care of everyone who comes to TWP. Having come out of the holistic health profession, her orientation is always to help people in need. She brings this service orientation to her work with clients, always carefully listening to them with the intention of providing the best possible solutions.
Since starting with the firm in 2009, she has helped hundreds of people with their insurance needs. Phyllis enjoys and appreciates the fact that most people who come to TWP are referrals, which can immediately create rapport and synergy.
In the last couple of years, she has expanded this professional caring into financial planning. She lives by the fiduciary standard of always doing what is best for the client. She is partnered with one of the preeminent income planners in the country. This collaboration, coupled with cutting edge technology and her caring attitude, provides clients with a comprehensive, holistic plan that is designed to take the “bumps” out of the road of life and provide a smoother ride. She is committed to helping clients eliminate financial stress and creating as much ease as possible. Financial stability helps create a happier life.
Outside of TWP, Phyllis loves to sing, walk, watch movies, and occasionally knit!
Making a Plan with You for You
When it comes to financial planning, the future can feel more manageable when you have a plan. No matter your age, it is never too soon to consider having a plan and investing money for your later years.
When the time comes and you are thinking about retiring, we want to help ensure that you have enough money to last for as long as you live. When you decide to invest in a stock, you base that investment on the probability that you will make money, but this is never guaranteed. Insurance products are backed by guarantees and are designed to protect your money. After careful consideration and due diligence we may recommend insurance products as part of a retirement plan.
“The first rule in investing is to never lose money. The second rule is to never forget the first rule.”
Insurance products such as fixed annuities can offer you a reasonable rate of return and their guarantees are backed by the strength of the insurance carrier. We always use vetted, stable, and proven carriers.
We are also very passionate about the products that are sold through TWP Wealth Management LLC. Combining them with insurance products can help with the ability to create a proper balance between safety and risk in your portfolio.
Bottom line, we are here to assist you. We will get to know you and take care of you. We got your back.
Our Specialties
Health Insurance
Individual & Family Health Insurance
Medicare Supplement Insurance
Group Health Insurance
Long Term Care
Dental Insurance
Vision Insurance
Financial Planning
Retirement Plans and Strategies
Annuities
Income Planning
Life Insurance Strategies
Tax Efficiency
Investing (see www.twpwealthmgmt.com)