E. Randolph Whitelaw

Randy Whitelaw is a recognized Trust-Owned Life Insurance (TOLI) placement and restructure expert. Randy manages all TAC consulting engagements. He specializes in product suitability and premium adequacy evaluation, policy design and underwriting, and policy restructure.

Randy has a corporate finance background. He spent 18 years with a major bank holding company working with its public corporation and larger private business clients. As Executive Vice President, he managed the holding company’s middle market business group including the cross marketing of trust, investment, and life insurance services.

In the mid-1980s, he founded a St. Louis based consulting firm to specialize in the unique management and business continuity planning issues of larger family businesses, affluent family groups and family offices. In 1993, he co-founded a fee-based third-party TOLI administration company that developed a national reputation among corporate trustees and estate planning professionals. In 2001, he and Liz Colosimo co-founded Trust Asset Consultants, LLC. In 2004, he and Liz Colosimo co-founded Life Settlement Partners, LLC, a life settlement and brokerage firm that specializes in working with professional fiduciaries and advisors.

 Liz Colosimo

Liz Colosimo is a Fiduciary Risk Management Consultant. Her primary role is to advance industry-wide awareness of the legal and ethical issues that challenge Trust-Owned Life Insurance (TOLI) fiduciaries today.

After several years of environmental risk and remediation consulting, followed by several more years of general civil litigation practice, Liz joined a nationally recognized independent 3rd party administrator of TOLI policies. Presently, Liz provides clients with risk management solutions that are legally defensible, administratively feasible, time tested and essential to prudent TOLI management and restructure.

Liz holds degrees in Professional Nursing, Health and Hospital Administration, and Law. She is licensed to practice both Nursing and Law in the State of California. Additionally, Liz is a dedicated university educator specializing in the studies of Business Ethics, Law, Critical Thinking, Nursing, and Communications.