Stewart has held insurance licenses in Ohio and Florida since 1975 and 1987
respectively. He also holds insurance licenses in several other states as
FINRA's Series 65, enabling him to review and recommend the positioning of
securities, as a
fiduciary, on a non-commissioned basis.
In 1980 he wrote Financial Recovery, critical of the insurance industry. After
the book received favorable reviews (to his surprise) in "Life Insurance Selling" magazine,
thousands of copies were bought by agents and agencies nationwide. His consumer-oriented firm,
located in Worthington, Ohio became one of the country's leaders in marketing low-cost
life-insurance, fixed annuities (FPA's and SPDA's), and attractive tax-sheltered investments.
He hired, trained, and supervised dozens of agents and General Agents.
In 1986 he moved to Florida and reunited with his brother, a brilliant PhD consulting
geologist, in Tampa. A Sarasota resident since 1987, Stewart has been a member
of Manasota Mensa, on the faculty advisory committee of
Manatee Technical Institute, a member of the Citizens
Advisory Committee of WSLR Radio, and a member of the
Sarasota Sailing Squadron.
After he had moved to Florida the insurance industry introduced improved
long-term care policies as well as fixed annuities with growth potential
linked to various market indicies. Stewart examined and sold
these as they became available while adjusting to a relaxing
Florida lifestyle. After the internet arrived he published online
articles explaining complexities of these more desirable
financial products as well as launched an internet marketing company.
Ever since reading Norman Dacey's 1965 book, How to Avoid
Probate Stewart has been interested in revocable
living trusts. Shortly after settling in Sarasota he contacted
Henry W. Abts, author of The Living Trust. He recruited several
attorneys in Sarasota and familiarized them with trust documents
prepared by Henry's company located in Reno, NV, and referred
new clients to the attorneys he appointed and coached. Stewart assisted
the attorneys he selected in collecting pertinent information, executing
their prepared documents, and assisted clients in funding their trusts.
Since Henry's death in 2010 Stewart has continued to refer trust
inquiries to the Nevada office, without compensation and consistent
with his desire to provide persons appropriate professional
service. His article on this subject can be found both on this
website as well as at
When Lehman Brothers "Financial Freedom" division launched a campaign
to market reverse mortgages they were met with skepticism. Many persons
in the financial area who ought to have known better referred to them
as "suspect", "abusive" or even "shady" and "questionably legal". After
investigating the matter Stewart recognized them to be invaluable
financial planning tools when used, not to help salesman line their
own pockets, but with senior homeowners who have no better alternative to
enable them to live comfortably in their own homes, free of mortgage payments,
for the rest of their lives. Together with his business colleague, Sherri
Urfer, after obtaining mortgage broker licenses for the purpose, they
were able to help hundreds of seniors throughout Florida. Stewart left the
mortgage business when property values were decimated in 2008. Today the reverse
mortgage is recognized to be a hugely valuable financial planning tool. As every
financial product, it must never be used merely to generate commission income.
Stewart's intentions are to help others in today's problematical financial
environment, particularly those in retirement years, as himself, and persons
who have worked for (or inherited) assets that they are serious about protecting
and, hopefully, increasing for themselves and for the ones they love. He enjoys
meeting people and sharing valuable and useful information.
Stewart has never been sued, censored, or been the subject of any regulatory
investigation or disciplinary action.