Risk Management Advisors is a national firm specializing in the design, implementation and management of captive insurance companies and self insured plans. Our partners collectively have over 75 years of experience and are backed by a national network of world class professionals. Risk Management Advisors provides a comprehensive, integrated approach for our clients to manage their risk and protect the business they have worked so hard to build.
Mr. Beck is a Director and Co-Founder of Risk Management Advisors. He is a career specialist in the design, implementation and management of alternative risk management (ARM) strategies including self insured plans and captive insurance companies.
Mr. Beck currently serves as a Director for Fiat Lux Risk and Insurance Company. Fiat Lux is a captive insurance company established by The University of California Regents. This entity helps manage the risks of the UC system more efficiently.
Mr. Sierk is the Managing Director and Co-Founder of Risk Management Advisors. He is a nationally recognized expert in field of captive insurance company design, implementation, risk transfer and captive insurance company management. He also oversees Risk Management Advisors’ asset protection, executive compensation, and corporate benefit planning division.
Mr. Jong has been a Director and Principal at Risk Management Advisors since 2007. Since graduating from UCLA in 1994, he has been helping high net worth families and business owners with estate planning, tax deductible qualified and non-qualified plans as well as alternative tax reduction strategies.
Mr. Jong recognized through his experience working in a traditional planning environment that there was a glaring need in the marketplace for creative options for high net worth families.
After retaining Risk Management Advisors to help a few of his clients with alternative risk management solutions, he decided to merge his practice and join the firm.
Mr. Groat is a Vice President with Risk Management Advisors (RMA). After attending the University of Colorado at Boulder.
In 2010, Mr. Groat joined RMA to expand our resources for our clients. The strategies that are implemented in the alternative risk management space can be complicated. Mr. Groat focuses on maximizing the financial benefits for the owners of these companies. His efforts help our clients turn an expense line into a revenue source as well as mitigate the risks they have to take.
On July 1st, 2019, Risk Management Advisors joined with Risk Strategies, a leading U.S. insurance broker offering sophisticated risk management advice as well as insurance and reinsurance placement for property & casualty, healthcare and employee benefits risks. With more than 70 locations nationwide and 30 specialty practices, Risk Strategies serves commercial companies, non-profits, public entities and individuals.
Founded in 1997 as a business consultancy, Risk Strategies today is one of the largest privately held insurance brokers in the United States. A true specialty firm, it is driven by industry experts focused on achieving client business goals while controlling the total cost of risk.