UlTImATE SUccESS GUIdEAbout Peter
Pelayo (Peter) Garcia is the founder and CEO of GBS Financial
and My Legacy Group. With over twenty-four years dedicated
to the insurance and financial services industry, he began his
career with Merrill Lynch International Private Client Group,
one of the world’s leading wealth management and advisory
organizations. There he offered sophisticated investors insightful investment advice,
customized solutions and responsive service. Working in Caracas, Venezuela as a
Private Banker for over ten years, he dealt with high net worth individuals and pro-
vided customized advice and solutions from a wide range of global investments,
cross-currency financing and multi-generational estate planning services.
Upon his return to the United States, he joined New England Financial to continue
his career in insurance and financial services. While there, he developed a strong
business relationship with GBS Group, a highly reputable accounting firm in South
Florida, working primarily with the Venezuelan entrepreneur community. He even-
tually merged his practice to be in closer proximity to the accounting firm and
founded GBS Financial, a privately owned insurance and financial planning firm,
becoming an independent insurance and financial advisor.
Working primarily with business owners, and high net worth clients, he began a
business relationship with Heritage Living Trust, a national estate planning and legal
documents company. His business continued to grow and accelerate as he inte-
grated tax savings strategies, estate and retirement income planning to his growing
clientele.
In the process of continuously expanding educationally and professionally, Peter
mastered the principles of the Infinite Banking Concept™, a process utilizing
time-honored economic principles, US tax laws and the provisions of life insurance
contractual guarantees to build wealth safely and predictably in any economic envi-
ronment by “becoming your own banker.” Integrating this concept into his practice
has allowed him to teach many clients to learn how to manage their money like a
Fortune 500 CFO.
In 2008, Peter also became an Authorized Bank On Yourself™ Advisor. Combining
this concept with his experience as a retirement income planning strategist, he has
been able to help hundreds of people learn and implement this cash flow and debt
management system and combine it with guaranteed lifetime income strategies to
help his retired and pre-retired clients build wealth safely and predictably without the