Estate Planning

Paradise Advanced Planning is the financial services department of Paradise Bank.
We offer comprehensive planning in the specialized fields of:

  • Wealth Management
  • Estate Planning
  • Business Succession Planning
  • Retirement Planning
  • Executive Benefits
  • Insurance analysis (P*L*I*A*R)
  • Charitable Planning

The Advanced Planning Department, headed by Terrence M. Tormey, CLTC, AEP, CLU, ChFC, is a complimentary service offered to Paradise Bank’s:

  • Customers and their families
  • Employees and their families
  • Shareholders and their families
  • Friends and affiliated companies
  • Professional advisors

Through a team effort with the client’s banking, legal, accounting, investment and insurance advisors, Mr. Tormey will develop and implement the appropriate financial strategies to achieve the goals of that individual, family or business.

In addition, Tormey provides technical support to attorneys and accountants when designing estate, business succession, retirement and/or insurance funding strategies. These complimentary services include:

  • Client Counseling
  • On site seminars and workshops
  • Conceptual planning ideas and design
  • Professional life insurance analysis and recommendations

Insurance products offered that provide the solution to financial planning needs include:

  • Life Insurance
  • Disability Income Insurance
  • Long Term Care insurance


This service is not covered by FDIC

BIOGRAPHY


Terrence M. Tormey, President, Integris Financial Network, LLC
President, Paradise Advanced Planning

Career Highlights:
1984-1991, Northwestern Mutual, Special Agent
1991-1997, Guardian Life, Field Representative
1997-2000, JP Morgan Chase, Vice President, Middle Market Insurance Division
2000-2003, Citgroup SmithBarney, Regional Vice President, Estate & Trust Division
2003-Present, Integris Financial Network, LLC

Education:
Bachelor of Arts (BA), LeMoyne College, Syracuse, New York, 1984
Chartered Life Underwriter (CLU), American College, 1994
Chartered Financial Consultant (ChFC) , American College, 1995
Accredited Estate Planner, (AEP), National Association of Estate Planners & Councils, 2006
Certified Long Term Care Planner (CLTC), Corporation for Long Term Care, 2006

Professional Organizations:
Society of Financial Service Professionals, President, Central New York Chapter
Million Dollar Round Table, Top of the Table, Court of the Table, Life Member
National Association of Estate Planning Councils
West Broward Estate Planning Council
Estate Planning Council of Central New York
National Association of Insurance and Financial Advisors

Community and Charitable Organizations:
Paradise Education Foundation, Ft. Lauderdale, Fl., Board of Directors, 2013-Present
Paradise Bank Advisory Council, Boca Raton, Fl., Member, 2014-Present
Mission United, Ft. Lauderdale, Fl., Member, 2014- Present
St. Charles- St. Ann Church, Syracuse, N.Y., Trustee, 2009-Present
Elmcrest Children’s Center, Syracuse, N.Y., Board of Advisors, 2000-Present
LeMoyne College Founder’s Society, Syracuse, N.Y., Member, 1984-Present
McMahon/Ryan Child Advocacy Site, Syracuse, N.Y., Board of Directors, 1998-2003
Multiple Sclerosis Resources of C.N.Y., Syracuse, N.Y., Committee Member, 2011-Present
At Your Service

Member FDIC | Equal Housing Lender