Rick Schrage (Wealth Planning Case Design - Business Planning/Succession, Wealth Transfer & Estate Planning)

Biography

Rick Schrage is a seasoned insurance industry professional with over 30 years of experience. His expertise spans case design, product specialization, and advanced sales consulting across both career and brokerage distribution channels. Additionally, he has served as an internal wholesaler for a life insurance carrier, further enhancing his deep industry knowledge.

In July 2004, Rick joined Financial Advisory Associates, a partner firm of Capitas Financial, Inc., to establish and lead their Case Design department. Following the firm’s merger with The Smith Companies, Ltd. in 2020, he continued to play a central role in supporting field personnel as a case designer. His extensive tenure in the industry also allows him to collaborate closely with and eventually join the Advanced Planning Group.

Leveraging his technical expertise, Rick contributes to the development of innovative sales and marketing tools utilized by The Smith Companies and Capitas across their national footprint. Rick holds life and health insurance licenses, as well as Series 7 and 63 registrations. Outside of his professional endeavors, he and his wife enjoy scuba diving, mountain biking, and reading.

Advanced Planning Group

The Advanced Planning Group is a dedicated team of specialists who provide guidance and support on complex financial, estate, business, and tax planning strategies. Working in collaboration with advisors, we deliver in-depth analysis and tailored solutions designed to meet the unique needs of high-net-worth individuals, families, and business owners. By leveraging technical expertise and creative problem-solving, the group helps position advisors as trusted resources, offering value-added insights that strengthen client relationships and open new planning opportunities.

Capitas Financial

Capitas Financial, Inc. is a national organization made up of 16 regional processing centers, 130 point-of-sale professionals and 250-plus back office support specialists who offer a multi-carrier insurance product portfolio, along with unbiased consultative assistance to financial professionals and their clients. Capitas Financial is a national firm, based in Minneapolis, MN with a footprint that includes all 50 states and Puerto Rico. Capitas delivers the strength of a national organization coupled with unrivaled local customer service.