Wealth Protection Planning for Dallas–Fort Worth Families

Protecting what you've spent a lifetime building from the unforeseen, by measuring how exposed your wealth really is and whether the coverage you have still fits your goals.

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It's free, and you decide afterward whether to continue.

Serving Dallas–Fort
Worth families since 2014

Nick Lalonde is a CERTIFIED
FINANCIAL PLANNER™ professional

Affiliated with LPL Financial, a Fortune
500 company; Member FINRA/SIPC

Check the background of this firm on FINRA’s BrokerCheck.

“How much of it could you lose to something you never saw coming?”

You spent decades building what you have. Wealth protection planning starts with a question most plans never really ask: how much of it could you lose to something you never saw coming?

We live in a litigious society, and most people badly underestimate how exposed they are. As your net worth grew, your liability exposure grew right along with it, quietly. The homeowner's and auto policies that set your limits were written around a smaller life, often years ago. A lawsuit, an accident on your property, a teenage driver, a rental, a claim tied to your business: any one of them can reach past those limits and into everything sitting behind them. Most people have no real idea how much of their net worth is exposed at any given moment, until the day it gets tested.

The second problem is quieter, and it's about the coverage you already have. For most people, insurance was assembled over the years, not planned. A policy bought here, another added there, each one sold at a moment when it seemed to make sense. Years later, nobody has checked whether any of it still fits the life you have now. A life insurance policy bought at 45 to cover a mortgage and young kids may be doing a job that ended long ago. Long-term care, one of the largest risks to a retirement, may never have been priced at all. Disability coverage, if you're still working, usually gets the least attention of anything, even though extended time out of work would hit your savings, your retirement date, and your family all at once.

Underneath both problems is the same pattern: coverage bought one piece at a time and never measured against your actual goals. Some of it may be the wrong type. Some may be the wrong amount. Some may be premiums you're still paying to cover a risk that no longer exists, while a larger risk sits wide open.

None of this shows up as a problem on a statement. It shows up the day something goes wrong, and your family finds out whether the coverage holds up. That's the worst possible moment to learn the answer.

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What a Proper Insurance Strategy Looks Like

You know how much of your net worth is actually exposed to a lawsuit or creditor, and your liability coverage is sized to help protect it.

Every policy you own has a purpose that still holds today, measured against your current goals rather than the ones you had when you bought it.

The risks that can derail a retirement, long-term care chief among them, have been priced and planned for instead of left to chance.

You're not paying premiums for coverage you've outgrown, or leaving a larger risk uncovered.

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We Lead With Your Plan and Your Exposure, Not a Policy

Insurance enters the conversation only after we've looked at where your wealth is actually at risk and where the coverage you already have no longer fits.

From there we review it as one picture: your liability exposure against your net worth, your life insurance against its current purpose, and long-term care and disability coverage where they apply. Where a gap or a mismatch turns up, we take it to the right professional, your property and casualty agent on liability limits, your estate attorney where protection needs to be structural, and coordinate the fix as part of your overall plan. Protection is one seat at a larger table.

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See the full picture

Every relationship starts with a Complimentary Second Opinion: roughly 10 to 20 hours of real planning work, including a real look at your exposure and whatever coverage you choose to share with us, measured against your current plan.

Our Approach

Build the strategy

We look at how much of your net worth could be reachable in a lawsuit or claim, review the coverage you choose to share with us against the life you have now, and flag the gaps and mismatches worth taking to the right professional.

Keep it current

Coverage comes back into the conversation as your plan and your life change, based on what you share with us, so we can help keep the coverage you carry tied to a need you actually have.

What We Charge

Third Act operates on a fee-based model, with your advisor fee disclosed in writing before any decision. Where a policy is actually purchased, compensation may include a commission, always disclosed in writing beforehand. We work with clients who have $1 million or more in investable assets. Insurance products are offered through Third Act Wealth Management and LPL Financial or its licensed affiliates. Not all products are available in every state.

Why Us

Four Reasons Families Choose Third Act for Wealth Protection

We start with your exposure, not a policy

Insurance enters the conversation only once we've found a real gap or a mismatch worth fixing, measured against your plan.

We ask the question most coverage reviews never do

How much of your net worth could actually be reached in a lawsuit or claim? Liability limits set years ago rarely keep up with a growing balance sheet.

The coverage you already own gets reviewed first

We review what you choose to share with us against your goals, before anyone talks about buying something new.

The tradeoffs get discussed out loud

Long-term care insurance, hybrid products, or self-insuring: we walk through the real tradeoffs, a conversation a lot of advisors skip.

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What Our Clients Say

Nick has been a trusted source of financial advice and support for us for years. He takes the time to really understand your goals and risk personality. His knowledge, diligence, and patience in answering questions, make him an adviser I recommend

Debra B

Nick and his team have been great to work with. One of the best decisions I have ever made regarding my money and future!

Mark M

I have been working with Nick for five years now and have been very pleased with his service. Nick is knowledgeable and attentive and truly wants the best for all of his clients. I highly recommend Nick and Third Act

Lance M

Frequently Asked Questions

How much of my net worth is actually exposed to a lawsuit?

It depends on what you own, how it's titled, and the liability limits you carry. Many people are exposed well beyond their policy limits without realizing it. We look at where you stand and, where the gap is real, take it to your property and casualty agent and your attorney.

Do you sell insurance products?

Yes. Nick is affiliated with LPL Financial, which gives him access to insurance solutions from a broad range of providers. Your plan and your exposure come first, and insurance enters the conversation only once the plan identifies a gap. Where a policy is purchased, any commission is disclosed in writing beforehand.

Will you review coverage I already have, or only sell me something new?

We start with what you have. Our role is flagging fit issues, gaps, and redundancies, the wrong type, the wrong amount, or a policy that no longer matches your goals, before any new policy enters the conversation.

Is my current life insurance still the right fit?

It depends on what it's meant to do now. A policy bought to protect a young family or pay off a mortgage may need a different job today, like evening out what each child inherits or passing wealth on efficiently, or it may no longer be needed at all. We review what you have against your current goals.

How do I decide between long-term care insurance and self-insuring?

It depends on your assets, your risk tolerance, and your family situation. We walk through the real tradeoffs between LTC insurance, hybrid life and LTC products, and self-insuring so you can decide with the full picture in front of you.

I'm still working. Do I need disability insurance?

It's worth a review. For clients still working, disability coverage tends to be the most overlooked piece of the plan, and an extended time out of work can meaningfully shift your retirement timeline.

Are you a fiduciary?

Yes, in our fee-based advisory relationships. As a CERTIFIED FINANCIAL PLANNER® professional, Nick is also held to a fiduciary standard under the CFP Board's Code of Ethics.

Still have a question?

The first meeting is free, and it's the easiest place to ask it.

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Let's find out how exposed your wealth really is, and whether the coverage you're paying for still fits the life you have now.

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Prefer to call?

+1 (214) 764-2095

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Insurance products are offered through Third Act Wealth Management and LPL Financial or its licensed affiliates. Not all insurance products are available in all states.