Financial Advice and Support, Tailored to Your Needs

In every stage of life and for every need, protect your business and those who are most important to you with trusted insurance and financial advice and management from the professionals at Gus Bates Financial Services. Contact us to learn more about our services and schedule your initial free visit.

Ready for your free consultation?


Frequently Asked Questions

Here are a few questions you may have about the services and products we offer at Gus Bates Financial Services. We encourage you to schedule your complimentary consultation and bring a list of questions with you. We’re here to remove the mystery surrounding insurance and financial planning, and help you make informed choices about your financial future, with sound and personalized financial advice.

Gus Bates Financial Services advisors recommend individual life insurance policies that support your needs and financial goals, such as:

Your advisor may also recommend business policies such as key person, buy/sell, or executive bonus arrangements.

In business life insurance policies, such as Key Person Insurance, the business itself is considered the policyholder and is responsible for paying the premiums. When the insured individual dies, the death benefit is paid out to the business.

Business life insurance policies are specifically related to the business and are separate from personal life insurance, which is not connected to employment and is acquired by an individual to ensure financial security for their loved ones.

A long-term care policy covers expenses related to in-home care, assisted living, and nursing home care. It may also include coverage for services such as personal care, medication management, and therapy to assist individuals with activities of daily living.

Our advisors help clients individualize disability coverage based on personal and business needs.

  1. Group disability insurance is typically provided by an employer as a benefit and covers a portion of an employee’s income in the event of disability.
  2. Long-term personal disability insurance provides coverage for a longer duration.
  3. Short-term personal disability insurance covers a temporary disability for a shorter period.

A Medicare Supplement can help fill the gaps in coverage left by Original Medicare (Part A and Part B). It pays for certain out-of-pocket costs like deductibles, coinsurance, and copayments, which can help reduce overall healthcare expenses for individuals with Medicare.

Wealth management is a service by a trusted advisor to help you grow wealth, preserve it, and strategically plan for its distribution. Our approach to wealth management involves working with third-party specialists to manage investments, tax planning, retirement planning, estate planning, and risk management, to help you achieve your financial goals.

Mutual funds can be a good investment option due to their diversification, professional management, and access to a wide range of investment opportunities. We’ll help you assess your risk tolerance, investment goals, and mutual fund investment fees before recommending this solution for your portfolio.

Annuities provide a guaranteed income stream in retirement and can be a valuable component of a comprehensive retirement plan. Here’s how it works:

  1. The annuity is funded through a lump-sum payment or regular contributions.
  2. The earnings are not taxed until withdrawals are made.
  3. Once the annuity holder reaches the age specified in the contract, they can begin receiving regular payments at a cadence set when the annuity was set up.