Business Details
Your Trusted Life Insurance Partner in Irvine
TRC Financial is an independent life insurance firm with decades of experience in designing and managing life insurance, disability insurance, and long-term care insurance solutions. We specialize in creating customized insurance portfolios for entrepreneurs, affluent families, and institutions, leveraging proprietary products and unbiased advice. Our independence from insurance companies ensures objective recommendations, while our focus on service has built lasting client trust. We offer innovative solutions including private placement insurance, executive benefit plans, and tax-efficient investing strategies.Our team combines deep industry expertise with a commitment to addressing the unique needs of high-net-worth individuals and corporate clients. Through strategic partnerships and access to exclusive products, we deliver tailored solutions that protect wealth and facilitate legacy planning. Our systematic approach minimizes internal staffing needs for clients while maximizing resource efficiency. With a heritage spanning multiple decades, we remain dedicated to continuity, innovation, and client-centric service in wealth protection and transfer.
Services
Life Insurance
Disability Insurance
Long-Term Care Insurance
Private Placement Insurance
Executive Benefit Plans
Life Settlements
Tax-Efficient Investing
Corporate-Owned Life Insurance
Key Person Insurance
Policy Reviews
Highlights and features
- We offer proprietary insurance products unavailable in retail markets
- Our independence ensures unbiased advice across all insurance solutions
- Specialize in tax-efficient investment strategies using private placement insurance
- Provide executive benefit plans for corporate key person protection
- Combine 50 years of industry experience with innovative policy design
Services
Life Insurance
We provide comprehensive life insurance solutions tailored for wealth preservation and transfer. Our offerings include general account, indexed, and variable life insurance products designed for affluent individuals and institutions. Through proprietary access and strategic partnerships, we deliver customized policies that address estate planning needs while optimizing tax advantages and long-term financial security.
Private Placement Insurance
Our private placement insurance solutions enable tax-efficient investment growth for high-net-worth clients. These institutional-grade products allow deferral of capital gains taxes while maintaining asset control. We offer access to exclusive annuity and life insurance contracts through M Financial's network, providing flexibility in investment allocation and beneficiary designations for sophisticated wealth management strategies.
Executive Benefit Plans
We design executive benefit plans that address key person protection and succession planning for businesses. Our solutions include corporate-owned life insurance, non-qualified benefit plans, and incentive compensation arrangements. These programs help companies retain top talent while ensuring business continuity through strategic insurance funding and tax-advantaged structures tailored to specific corporate objectives.
Long-Term Care Insurance
Our long-term care insurance products offer protection against rising healthcare costs in retirement. We provide proprietary policy designs that combine death benefits with tax-free long-term care coverage. These solutions address the 70% probability of needing care after age 65 while maintaining liquidity through flexible policy structures that adapt to changing healthcare needs and financial circumstances.
Policy Reviews
We conduct comprehensive life insurance policy audits to evaluate policy performance and economic viability. Our analysis includes cash flow projections, internal rate of return calculations, and restructure options. This service helps clients understand policy risks, identify potential lapses, and explore alternatives like 1035 exchanges or premium adjustments to optimize their insurance portfolios for long-term effectiveness.
People
Darren Gallaway
Principal
Darren Gallaway manages client relationships and oversees daily operations at TRC Financial. With extensive experience in life insurance analysis and implementation, he specializes in creating customized insurance solutions for corporations and affluent families while maintaining California and Arkansas insurance licenses.
Jim Roberson
Principal
Jim Roberson brings expertise in executive benefit plan design to TRC Financial. Formerly with Mullin TBG, he focuses on life insurance funding solutions for high-income executives. His background includes designing retirement and wealth preservation strategies through innovative insurance products tailored to corporate and individual client needs.
Questions
What types of life insurance products do you offer?
We offer general account, indexed, variable, and private placement life insurance products, along with proprietary solutions developed through M Financial partnerships for high-net-worth clients.
How do you help corporate clients with insurance needs?
We provide executive benefit plans, key person insurance, and corporate-owned life insurance solutions that address succession planning, talent retention, and tax-efficient business continuity strategies.
What makes your insurance solutions different?
Our independence allows unbiased recommendations, while proprietary products and access to exclusive carrier relationships enable customized solutions unavailable in retail markets.
Do you work with international clients?
Yes, we offer international life insurance solutions including U.S. domestic products, Bermuda-based policies, and offshore private placement options for global clients with complex needs.
How do you handle policy reviews and audits?
We conduct comprehensive policy audits analyzing cash flow, performance metrics, and restructure options to ensure long-term policy viability and alignment with client objectives.
