Tweet
SUCCESSION CAPITAL ALLIANCE'S MOVSESIAN NAMED MAN OF THE YEAR BY BIG BROTHERS BIG SISTERS OF ORANGE COUNTY
PR Newswire
November 13, 2012 Tuesday 5:00 AM EST
Big Brothers Big Sisters of Orange County named Julian Movsesian ,
president of Succession Capital Alliance , a firm specializing in life
insurance strategies for high net worth individuals, its highest honor
- Man of The Year - at its 48th annual gourmet dinner. Movsesian, born
in Cairo, Egypt of Armenian descent, convinced his parents at age 17 to
let him move to Southern California, where he lived with guardians, put
himself through high school and flipped burgers at a local McDonalds
to earn his keep. Now, more than three decades later, he is one of
the most influential individuals in the insurance industry.
Movsesian says it's only because of this success that it's possible
for him to give back to the community.
"I take nothing for granted and success wasn't handed to me,"
explains Movsesian. "My struggle to succeed is due to hard work,
maintaining professional integrity and a desire to help others,
especially children. It takes determination and a family that supports
my goals and encourages me. I wouldn't be where I am if I didn't
have a good wife, and I would never be able to give back if I hadn't
worked so hard to get to where I am. I give back so that others will
have opportunities to do the same."
Movsesian's fierce desire to be independent and serve his clients
has enabled him to reach business goals and a level of success that
fuels the American dream.
"His ascent to the top of the mountain is a remarkable success story
that can only happen here in America," said Jeff Verdon , managing
partner of the Jeffrey M. Verdon Law Group. "He is considered one of
the top in his field."
After being fired from McDonald's for eating left over burgers that
were being thrown out, Movsesian worked at Sambo's Restaurant, where
he quickly rose through the management ranks before being recruited
to the life insurance industry. The insurance industry proved to be
tedious, hard work that drove Movsesian's passion for excellence and
perseverance. Instead of staying in Southern California where the
competition was tight, every week he traveled to Central California.
He quickly learned that he could sell more policies in that region
while staying at a Motel 6. Within his first year selling insurance,
he was named Rookie of the Year.
He eventually came back to Los Angeles where he built a successful
insurance practice working with affluent families and business owners
in Beverly Hills. During that time he was approached by a client
asking for a $40 million policy with financing, much the way a real
estate deal is financed. This had never been done before, so Julian
seized the opportunity and created a premium financing program called
Capital Maximization Strategy (CMS), which was introduced in 1996. It
has been recognized by the insurance industry as the foundation from
which all premium financing programs have evolved. CMS continues
to be the largest, longest running, most reputable and respected
life insurance premium financing program in the industry. It has
benefitted large corporations, as well as affluent families and
individuals nationwide. Currently, Movsesian limits the number of
life insurance companies that can use his strategy and has licensed
it to only 10 top tier life insurance companies.
"Julian has brought a whole new type of practice to the industry and he
has been a trendsetter," said Michael Bell , executive vice president,
Pacific Life.
In 2004, a Fortune 10 company approached Movsesian and suggested they
form a partnership which became Succession Capital Alliance. Six years
later, Movsesian bought his partner out for 100 percent ownership
and control of the company.
>>From a young immigrant with only $200 to his name, to an executive
who has changed the life insurance industry, Movsesian is an
American Success story. His program, CMS, has helped insurance
agents and advisors nationwide to place more than $28 billion of
life insurance protection with a financed premium portfolio that
exceeds $2.7 billion. Movsesian also is a respected community leader,
philanthropist, husband and father. In addition to being named Man of
The Year by Big Brothers Big Sisters, Movsesian is a past winner of the
prestigious Preston Hotchkis Distinguished Achievement Award, Pacific
Life's highest honor for independent life insurance professionals.
PR Newswire
November 13, 2012 Tuesday 5:00 AM EST
Big Brothers Big Sisters of Orange County named Julian Movsesian ,
president of Succession Capital Alliance , a firm specializing in life
insurance strategies for high net worth individuals, its highest honor
- Man of The Year - at its 48th annual gourmet dinner. Movsesian, born
in Cairo, Egypt of Armenian descent, convinced his parents at age 17 to
let him move to Southern California, where he lived with guardians, put
himself through high school and flipped burgers at a local McDonalds
to earn his keep. Now, more than three decades later, he is one of
the most influential individuals in the insurance industry.
Movsesian says it's only because of this success that it's possible
for him to give back to the community.
"I take nothing for granted and success wasn't handed to me,"
explains Movsesian. "My struggle to succeed is due to hard work,
maintaining professional integrity and a desire to help others,
especially children. It takes determination and a family that supports
my goals and encourages me. I wouldn't be where I am if I didn't
have a good wife, and I would never be able to give back if I hadn't
worked so hard to get to where I am. I give back so that others will
have opportunities to do the same."
Movsesian's fierce desire to be independent and serve his clients
has enabled him to reach business goals and a level of success that
fuels the American dream.
"His ascent to the top of the mountain is a remarkable success story
that can only happen here in America," said Jeff Verdon , managing
partner of the Jeffrey M. Verdon Law Group. "He is considered one of
the top in his field."
After being fired from McDonald's for eating left over burgers that
were being thrown out, Movsesian worked at Sambo's Restaurant, where
he quickly rose through the management ranks before being recruited
to the life insurance industry. The insurance industry proved to be
tedious, hard work that drove Movsesian's passion for excellence and
perseverance. Instead of staying in Southern California where the
competition was tight, every week he traveled to Central California.
He quickly learned that he could sell more policies in that region
while staying at a Motel 6. Within his first year selling insurance,
he was named Rookie of the Year.
He eventually came back to Los Angeles where he built a successful
insurance practice working with affluent families and business owners
in Beverly Hills. During that time he was approached by a client
asking for a $40 million policy with financing, much the way a real
estate deal is financed. This had never been done before, so Julian
seized the opportunity and created a premium financing program called
Capital Maximization Strategy (CMS), which was introduced in 1996. It
has been recognized by the insurance industry as the foundation from
which all premium financing programs have evolved. CMS continues
to be the largest, longest running, most reputable and respected
life insurance premium financing program in the industry. It has
benefitted large corporations, as well as affluent families and
individuals nationwide. Currently, Movsesian limits the number of
life insurance companies that can use his strategy and has licensed
it to only 10 top tier life insurance companies.
"Julian has brought a whole new type of practice to the industry and he
has been a trendsetter," said Michael Bell , executive vice president,
Pacific Life.
In 2004, a Fortune 10 company approached Movsesian and suggested they
form a partnership which became Succession Capital Alliance. Six years
later, Movsesian bought his partner out for 100 percent ownership
and control of the company.
>>From a young immigrant with only $200 to his name, to an executive
who has changed the life insurance industry, Movsesian is an
American Success story. His program, CMS, has helped insurance
agents and advisors nationwide to place more than $28 billion of
life insurance protection with a financed premium portfolio that
exceeds $2.7 billion. Movsesian also is a respected community leader,
philanthropist, husband and father. In addition to being named Man of
The Year by Big Brothers Big Sisters, Movsesian is a past winner of the
prestigious Preston Hotchkis Distinguished Achievement Award, Pacific
Life's highest honor for independent life insurance professionals.