Nicholas "Nick" Nardulli is the Founder and President of Family Defined Benefits, a financial firm that focuses on Generational Planning and Tax-Efficient Wealth Transfer strategies. Nick's specialty in the area emerged when his clients began to move from retirement income planning to wealth transfer planning. Since the plans that got clients to and through requirements were designed for growth and income but not for transferring assets, he realized that families would lose 30-40-50% or more of their inheritance due to inefficient or incomplete planning. Nick immediately dove into the problem, researched for alternatives, found time-tested strategies, and partnered with a legal team to design a sound plan for increasing and preserving the well-earned wealth for generations to come.
"Many of my clients are first-generation millionaires who know what it takes to earn a living. Nothing has been handed to them. They take pride in the work, effort, and decisions they've made to build this kind of wealth, and my heart breaks when I see them lose the ability to create second and third-generation legacies simply because no one ever talked to them about how to do it."
Nick's heart and passion for whole family's success shines through in every interaction. With his roots in Rockford, Illinois, Nick knows what it means to work hard and care more, so when you become a client of FDB, you become family.