Andrew Bayliss currently serves as the Executive Vice President at Marsh & McLennan Agency, a company that specializes in offering a range of insurance solutions for businesses, including business insurance, employee health and benefits, retirement plans, and private client insurance.
To better understand Andrew Bayliss’s background, in this article, we will dive into the Investment Adviser Public Disclosure (IAPD) report and other pertinent information. This will allow us to gain a more in-depth perspective on his professional profile and contributions within the context of Marsh & McLennan Agency.
In this article, we aim to present an overview, shedding light on both Andrew Bayliss’s role and the broader scope of Marsh & McLennan Agency’s offerings.
Who is Andrew Bayliss?
Andrew Bayliss is currently the Executive Vice President at Marsh & McLennan Agency, specializing in providing various insurance solutions for businesses, including business insurance, employee health and benefits, retirement plans, and private client insurance.
Source: LinkedIn
He joined Marsh & McLennan Agency in May 2012 and has held various roles, starting as a Retirement Plan Consultant, progressing to Senior Vice President, and currently serving as Executive Vice President. With over 11 years of experience at the company, Andrew has played key roles in different capacities.
Prior to joining Marsh & McLennan Agency, he worked at DWS Investments as Vice President and Relationship Manager. In recognition of his expertise, Andrew was selected as a 2023 PLANADVISER Top Retirement Plan Adviser.
Andrew holds notable certifications, including Accredited Investment Fiduciary (AIF) from Fi360 (now Broadridge), Certified Health Savings Adviser (CHSA) from DALBAR, Inc., and Certified Plan Fiduciary Advisor (CPFA) from the National Association of Plan Advisors (NAPA). His commitment to professional excellence is further reflected in his affiliations and recognitions.
Andrew Bayliss IAPD Report
The Investment Adviser Public Disclosure (IAPD) report for Andrew Bayliss provides details on his employment history, professional qualifications, and any disciplinary actions.
Investors are strongly encouraged to use IAPD to research representatives before engaging in business with them.
It’s important to note that there is no disclosure reported against Andrew Bayliss. This clean record enhances confidence in his professional standing, indicating an absence of any reported disciplinary actions or issues.
Overview of Marsh McLennan Agency
Marsh McLennan Agency (MMA) offers a range of insurance solutions, including business insurance, employee health and benefits, retirement, and private client insurance.
With 10,000 colleagues and 170 offices across North America, MMA combines local consultant services with the global resources of Marsh McLennan, the world’s leading professional services firm in risk, strategy, and people.
Marsh McLennan, with over 85,000 colleagues advising clients in 130 countries, generates an annual revenue exceeding $20 billion.
The firm operates through four market-leading businesses – Marsh, Guy Carpenter, Mercer, and Oliver Wyman – to assist corporate and public sector leaders in navigating dynamic environments.
The collaborative efforts of Marsh McLennan’s diverse team aim to solve complex problems and create opportunities across disciplines, businesses, and borders. Inclusion and diversity are core values, reflecting a commitment to full participation in the company’s life and work.
Services Offered by Marsh McLennan Agency
Marsh McLennan Agency (MMA) offers a variety of services, including:
Business Insurance
Marsh McLennan Agency (MMA) provides comprehensive business insurance solutions tailored to meet the unique needs of organizations. From property and liability coverage to specialized industry-specific plans, our offerings aim to safeguard businesses against unforeseen risks.
Technology Consulting and Administrative Services
MMA offers technology consulting services to streamline and enhance operational efficiency. Additionally, our administrative services provide comprehensive support, ensuring smooth and effective management of various business processes.
Voluntary Benefits
Enhance your employee benefits package with MMA’s voluntary benefits solutions. We offer a range of voluntary benefit options that allow employees to customize their coverage to suit their individual needs.
Financial Well-being
Marsh McLennan is committed to promoting financial well-being. Our services encompass financial education, planning, and advisory solutions to help individuals and businesses achieve their financial goals.
Employee Health and Benefits
MMA specializes in designing and managing employee health and benefits programs. Our solutions focus on promoting the well-being of employees while also addressing the diverse needs of the workforce.
Retirement
Plan for the future with MMA’s retirement solutions. Whether it’s designing retirement plans, advising on investment strategies, or ensuring regulatory compliance, we provide comprehensive support for a secure retirement.
Private Client Insurance Solutions
For individuals seeking personalized insurance coverage, MMA offers private client insurance solutions. These services cater to the unique needs of high-net-worth individuals, providing tailored coverage for personal assets.
Risk Management
Marsh McLennan Agency specializes in risk management solutions to help organizations identify, assess, and mitigate potential risks. Our expertise covers a wide range of industries, ensuring proactive risk management strategies.
Insurance Program Management Services
MMA provides insurance program management services, overseeing the administration and optimization of insurance programs. This includes policy management, claims processing, and ongoing program evaluation.
In addition to these services, Marsh McLennan also offers expert advice and solutions in the critical areas of strategy, risk management, and human capital to help organizations navigate complex challenges and achieve their business objectives.
Unfortunately, they do not offer IRA services in which investors can hold physical precious metals such as gold, silver, and platinum in their retirement investment portfolio.
Why Are Investors Diversifying Their Portfolio?
Experts agree that the financial market is now even more fragile than pre-2008. Will your retirement portfolio weather the imminent financial crisis? Threats are many. Pick your poison..
The financial system would be in great peril if one or more big banks fail.
“When we get to a downturn, banks won’t have the cushion to absorb the losses. Without a cushion, we will have 2008 and 2009 again.”
Student debt, which has been on a steep rise for years, could figure greatly in the next credit downturn.
“There are parallels to 2008: There are massive amounts of unaffordable loans being made to people who can’t pay them”
The US national debt has spiked $1 trillion in less than 6 months!
“If we keep throwing gas on flames with deficit spending, I worry about how severe the next [economic] downturn is going to be–and whether we have enough bullets left [to fight it],”
Total household debt rose to an all-time high of $13.67 trillion at year-end 2019.
“Any type of secured lending backed by an asset that is overvalued should be a concern… that is what happened with housing.”
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Why you should invest in gold in 2024
Investing in gold can offer several advantages in 2024, particularly when it comes to retirement planning. One key benefit is that gold is often seen as a hedge against inflation.
Over time, gold has demonstrated the ability to retain its value and preserve spending power despite currency fluctuations. Given the current high inflation rates, experts suggest that increasing allocations to gold could be a wise move.
The Personal Consumer Expenditures (PCE) index, which measures Americans’ spending on goods and services, has been notably high, ranging from 6% to 7% in 2022—significantly above historical standards and the Federal Reserve’s target rate of 2%.
With expectations that the economy may not fully recover until 2025 or later, gold becomes an appealing investment option.
Diversification is another advantage of investing in gold. During economic downturns or recessions, the stock market and real estate assets may face challenges.
Gold, however, tends to be a reliable strategy for maintaining a diversified portfolio. This diversification helps reduce exposure to risky investments and minimizes the impact of potential losses.
Additionally, gold provides liquidity, a crucial factor during a recession. Liquidity refers to the ability to quickly sell assets for cash, which becomes essential in times of financial difficulty.
Gold stands out in this aspect, offering high liquidity compared to other assets like stocks, bonds, or real estate. Its ability to be easily converted into cash makes it a valuable investment during economic downturns.
The stability and value of gold, along with its liquidity, make it a compelling option for investors looking to navigate potential economic challenges in 2024 and beyond, especially in the context of retirement planning.
Conclusion
Andrew Bayliss, Executive Vice President at Marsh & McLennan Agency, stands out for his extensive experience, showcased through a spotless record and recognition as a 2023 PLANADVISER Top Retirement Plan Adviser.
Marsh & McLennan Agency, a leader in insurance solutions, offers a broad spectrum of services, including business insurance, risk management, and retirement planning.
Investing in gold in 2024, serves as a strategic move in uncertain economic climates, providing stability, value, and liquidity.
Andrew Bayliss’s leadership at MMA and the company’s commitment to diverse and comprehensive services reinforce their pivotal roles in guiding clients through wealth management and strategic financial planning.
In essence, Andrew Bayliss and Marsh & McLennan Agency contribute significantly to the landscape of insurance solutions and financial strategies, emphasizing the importance of informed and diversified investment approaches for clients navigating the complexities of today’s economic landscape.
Personally, I recommend you check out our best gold IRA companies list of 2023. Or, you can check out the top-rated gold investment company of your state below:
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