A financial planner at the Strategic Group, part of the Northwestern Mutual Financial Network, Salim Admon has spent the last six years helping people in the Los Angeles area achieve financial security through conscientious preparation. Mr. Admon’s area of expertise is in retirement, including Roth and traditional IRAs for individuals as well as 401(k) and other qualified and non-qualified plans for companies.
Salim Admon strives to educate people about their financial options and help them plan accordingly. At his website, SalimAdmon.com, he provides many educational tools to help clients take control of their futures. A “Planning Process” page offers comprehensive information about personal finance preparation. Mr. Admon breaks down the stages of one’s financial life into three periods: risk management, wealth accumulation, and wealth preservation and distribution.
In the risk management stage, Salim Admon works with clients to determine whether disability, life, or long-term insurance is right for protecting their most valuable assets. He then assists with creating a plan to accumulate wealth in the most tax-efficient way possible. Once that plan is established, Mr. Admon guides clients through the process of determining how to distribute the wealth and assets they amassed in life after they are no longer here.
Through a network partner, Strategic Employee Benefit Services, Salim Admon and the Strategic Financial Group also offer services for businesses, enabling them to attract and retain skilled and dedicated employees. To accomplish this, Mr. Admon and the team at Strategic Financial Group assist CEOs and business owners in creating competitive employee benefits packages. These can include health, life, disability, vision, and dental insurance, as well as flexible spending accounts. Mr. Admon also helps business owners determine appropriate executive benefits, such as split-dollar arrangements, bonus plans, and deferred compensation.
Salim Admon received his Bachelor’s degree in Packaging Engineering from Michigan State University, where he also played soccer. Outside of work, Mr. Admon maintains an active lifestyle.