Wealth Centric

Wealth Centric Build Wealth - Protect Assets - Realize Dreams WealthCentric is designed to meet all insurance and financial services needs. Member FINRA/SIPC.

Our mission is to provide professional service to guide our clients in wealth growth and preservation, asset protection and legacy building. Our team and partners are selected based on their expertise in tax preparation, estate planning, asset protection and investment strategies. We simplify the sophistication of wealth management without compromising on the expected result. Investment Advisor Re

presentative offering securities and advisory services through Independent Financial Group, LLC (IFG), a Registered Investment Adviser. Wealthcentric and IFG are unaffiliated entities. CA insurance license . For a list of states in which we are registered to do business, please visit https://www.wealthcentricgroup.com/

The information provided herein has been obtained from sources believed to be reliable however we cannot guarantee or represent that it is accurate, complete or current. Because situations vary, any information provided on this site is not intended to indicate suitability for any particular investor. Hyperlinks are provided as a courtesy and should not be deemed an endorsement. When you link to a third-party website you are leaving our site and assume total responsibility for your use or activity on the third-party sites.

The myth: "I'm too young to think about life insurance."The truth: You'll never be younger than you are today. Term life...
05/30/2026

The myth: "I'm too young to think about life insurance."

The truth: You'll never be younger than you are today. Term life premiums are locked at the rate you qualify for when you buy the policy and your 30s are when those rates are at their lowest, for terms that can stretch 20 or 30 years out.

Waiting a decade doesn't save money. It triples the price of the same coverage.

The smartest financial move most people in their 30s and 40s aren't making? Locking it in early.

A little good news for California homeowners.Starting July 1, 2026, homeowners insurance policies in California that inc...
05/29/2026

A little good news for California homeowners.

Starting July 1, 2026, homeowners insurance policies in California that include replacement cost coverage will also include extra protection for building code upgrades after a covered loss.

What does that actually mean?

If your home ever has to be rebuilt, today’s codes may require things your house didn’t originally have, like updated electrical, fire-resistant materials, newer safety standards, and other improvements required by current law.

Those upgrades can get expensive fast, and a lot of homeowners don’t realize they may have to pay for some of that themselves.

The new rule requires policies to include additional coverage for those costs equal to at least 10% of your dwelling coverage, and using it does not reduce the amount available to rebuild your home.

For some homeowners, that could mean tens of thousands of dollars in extra coverage.
If your policy renews later this year, this may already be included.

It’s also probably a good time to review your coverage overall. The California insurance market has changed a lot recently, and the policy you bought a few years ago may not be the best fit anymore.

If you want help reviewing what you have, call 858-450-6000 and we’ll walk through it with you.

A $1 million umbrella policy typically runs about $25 a month.That's a layer of liability protection that sits on top of...
05/28/2026

A $1 million umbrella policy typically runs about $25 a month.

That's a layer of liability protection that sits on top of your home and auto coverage - picking up where they leave off. One bad lawsuit can run six or seven figures. Most home and auto policies cap out long before that.

It's one of those policies people skip until they meet someone who needed it. Then they wonder why nobody mentioned it sooner.

Worth a look if you've never had it priced out.

05/21/2026

Understanding the difference between Roth IRAs and traditional retirement accounts.

I'll say something the trade press isn't going to say.This week's enforcement action against State Farm cites 398 allege...
05/16/2026

I'll say something the trade press isn't going to say.

This week's enforcement action against State Farm cites 398 alleged violations across 114 reviewed claims, according to the California Department of Insurance.

However, this isn't just a State Farm story. It's a homeowners insurance story.
And the lesson isn't "switch carriers."

Every carrier in California is operating in the same hard market, with the same pressures, paying out billions on the same wildfires. Switching the brand on the policy doesn't change the system the policy lives inside.

The lesson is this: the moment your policy actually matters is the moment you need it.
And by then, the things that determine how it performs are already locked in. Your replacement cost coverage. Your additional living expenses limits. Whether you have extended replacement cost. What's excluded. What's capped.

Those decisions get made when the policy is written. Or rewritten. Not when the fire comes.

I've spent 30 years watching homeowners discover what their policy actually does at the worst possible moment. The ones who came out okay had one thing in common: somebody walked them through it before anything happened.

If you haven't had that walk-through in a few years, this week is the reminder.

Here's a distinction that matters more than most people realize.A captive agent works for one insurance company. They se...
05/15/2026

Here's a distinction that matters more than most people realize.

A captive agent works for one insurance company. They sell that company's policies. When the rate goes up, when the carrier pulls back from your area, when the policy excludes something you didn't realize - there's only one phone number on their desk.

An independent broker works for the client.

We're appointed with a range of carriers - admitted markets, surplus lines, specialty programs - and we shop across them on your behalf.

When the market shifts, we shift with it. When your situation changes, we have somewhere to go.

That's the whole difference.

We've spent 30+ years doing exactly this for families in San Diego, across California, in Arizona, and in Nevada. Through hard markets and soft ones. Through carrier exits and re-entries. Through the kind of changes the headlines have been full of for the last few years.

It's why our clients tend to stay with us a long time.

If you've never worked with a broker before, that's the model. One phone call. Multiple carriers. Real options.

That's it.

Quick piece of true insurance history that almost nobody knows.In 1688, a man named Edward Lloyd opened a coffeehouse on...
05/14/2026

Quick piece of true insurance history that almost nobody knows.

In 1688, a man named Edward Lloyd opened a coffeehouse on Tower Street in London. It was popular with sailors, merchants, and ship captains - the people whose lives and livelihoods depended on what happened to ships at sea.

Lloyd's coffeehouse became the place where ship news got traded. Whose vessel made it back. Whose was lost. Which routes were dangerous. Which ones weren't.

Eventually the merchants drinking coffee there started doing something new: they began signing their names underneath written agreements, agreeing to share the financial risk of a voyage in exchange for a fee. If the ship made it home, they made money. If it didn't, they covered the loss.

That's where the word underwriter comes from. Literally - they wrote their names under the agreement.

That coffeehouse eventually became Lloyd's of London. Still operating today. Still one of the most important insurance markets in the world.

The whole modern industry traces back to a few people figuring out, over coffee, that risk is more manageable when more than one person is willing to share it.

Hasn't really changed.

There’s been some movement this week out of Sacramento around wildfire claims in California.The short version: regulator...
05/13/2026

There’s been some movement this week out of Sacramento around wildfire claims in California.

The short version: regulators are taking a closer look at how claims were handled after the LA fires - especially around timelines, documentation, and overall process.

For homeowners, the takeaway isn’t about any one carrier - it’s that claim handling is getting more attention across the board.

That’s a good thing.

But it’s also a reminder of something we see all the time:

The outcome of a claim is heavily influenced by how the policy was set up long before anything happens.

Coverage limits, rebuild costs, and policy structure all matter more than people think and they’re worth revisiting, especially right now.

If you haven’t reviewed your homeowners policy in a while, this is a good time to do it.

We’re always happy to take a second look and walk through options across the broader market.

📞 858-450-6000
🌐 wealthcentricgroup.com

The Roth IRA is the single most under-used retirement tool we see when we sit down with clients in their 30s and 40s.Not...
05/12/2026

The Roth IRA is the single most under-used retirement tool we see when we sit down with clients in their 30s and 40s.

Not because the rules are complicated - but because nobody walked them through it.

Here are 5 things worth knowing. Save this for later - your future self will thank you.

I'll say something most insurance people won't.Umbrella insurance is for rich people that's the line everyone hears. And...
05/11/2026

I'll say something most insurance people won't.

Umbrella insurance is for rich people that's the line everyone hears. And it's wrong.

Here's what an umbrella policy actually does. It sits above your home and auto liability limits. If something goes wrong - a serious car accident, someone hurt at your house, a teenager driver in the wrong moment and the damages exceed what your home or auto policy covers, the umbrella picks up where they stop.

Without it, the difference comes out of your savings, your home equity, or your future earnings.

And here's the part nobody tells you: $1 million in umbrella coverage usually costs about $30 a month. Sometimes less.

So the real question isn't whether you're rich enough to need it. It's whether you've worked hard enough to have something worth protecting.

Most people I talk to in their 30s and 40s are surprised when they hear what it costs. They'd been carrying the assumption that this was a different tier of product for a different tier of person. It isn't. It's one of the smartest, most affordable layers anyone with a home, a car, and savings can add.

I've watched too many people lose more than they had to over the years because nobody had this conversation with them early enough.

So here's mine.

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6650 Flanders Drive #F
San Diego, CA
92121

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