"In any personal injury settlement, a structured settlement should always be one component of the injured party's investment portfolio," says Charles Bradford, president of Bradford Settlement Co. in Atlanta.
"Our industry is capturing only 7% of the settlements market, so there's obviously room to grow," notes Bradford
, who says there are not enough settlement people or financial planners today servicing the market, which is steadily burgeoning with larger and larger settlement figures.
sees an opportunity for financial advisors to associate themselves with firms such as his
.Advisors attempting to access the market on their own will encounter a "Catch 22," as he
describes it."This is not a brokered life insurance product," explains Bradford