Family Offices Flock to Complex Insurance Strategy to Slash Tax Bills
As Featured In: Crain Currency — Marcus Baram · April 17, 2026
Private Placement Life Insurance (PPLI) has grown quickly among family offices as a tax-advantaged wrapper for hedge fund, private equity, and venture capital holdings. This Crain Currency feature gathers perspectives from multiple family office and insurance specialists — including Imperio Wealth Advisors founder Omar Morillo, who cautions that PPLI carries real complexity and risk, and that a more traditional financed life insurance strategy inside an ILIT is sometimes the more practical solution.
The piece also covers compliance considerations and the regulatory attention PPLI has drawn from Congress.
This post summarizes content originally published by Crain Currency. It is provided for informational and educational purposes only and is not personalized investment, tax, or legal advice. Views expressed in the original piece are those of the quoted individuals and/or original publication, not a guarantee of future results. Investment Advisory Services are offered through Mariner Platform Solutions (MPS), an SEC-registered investment adviser. Imperio Wealth Advisors and MPS are not affiliated entities.
