American Prosperity Group was recently featured in the Fort Worth Business Press!

Investment group look to Texas for growth

BY LESLIE WIMMER

A New Jersey-based financial services company is working to expand into Fort Worth.

The company, American Prosperity Group, provides retirement and estate planning services for clients in the age bracket of 55 to 85 years old. American Prosperity Groups’ CEO and Founder Mark Charnet said the company is different because it does not have income level cutoffs for potential clients, and it aims to help clients focus on investments that won’t be drastically affected by stock market fluctuations.

The company’s investment strategy, called the Trinity Method at American Prosperity Group, comprises three strategies: to invest funds out, in and on the stock market, Charnet said.

“The ‘out’ and ‘on’ involve no risk to principal, and the money cannot be damaged by a falling stock market,” Charnet said. “And the money invested in the stock market, we use vehicles that have insurance, portfolio insurance… If the market is up, the check is bigger. If the market goes down, the check doesn’t get smaller.”

Charnet also said as Americans now are living longer than ever before, the importance of a strong retirement portfolio is growing commensurately. Financial advisers have to work to make sure client portfolios last, he said.

“Clients can’t afford to have their income severed by stock market volatility, declines or losses,” Charnet said. (Read More)