George Argyros Jr. serves as president and CEO of Elite Financial Group, LLC, a Newport Beach, California-based company he founded in 2003. Outside of work, George Argyros Jr. enjoys golfing, skiing, and flying. He has experience flying several aircraft models, including the Cessna 400 and the Great Lakes biplane.
Founded in the late 1920s, the Great Lakes Aircraft Company was an early producer of lightweight and dependable biplanes. The company’s first model was the 2T-1, a highly-maneuverable two-seated trainer plane that quickly became a favorite among pilots. Particularly popular among aerobatic pilots, the biplane was used by aerobatics pioneer Tex Rankin to set the still-standing world record for most consecutive outside aerial loops – 131.
Despite the popularity of its planes, the Great Lakes Aircraft Company went bankrupt in the wake of the Great Depression. In the 1970s, however, Doug Champion restarted production of the Great Lakes biplane. He sent a number of the strengthened second-generation aircraft out onto the market before production came to an end again in the mid-1980s. The latest generation of Great Lakes planes are now being produced by Waco Classic Aircraft Corporation, which sells the 2T-1A-2 model for around $245,000.
George Argyros, Jr. is the founder and president of Elite Financial Group, LLC. In addition to providing financial services through this California-based company, George Argyros, Jr. sits on the board of directors for the Argyros School of Business and Economics at Chapman University. The school was recently reaccredited by AACSB International, the Association to Advance Collegiate Schools of Business.
AACSB is a non-profit corporation that has helped legitimize business schools in the United States since 1916. Business schools that wish to receive AACSB accreditation can volunteer for an AACSB Accreditation Review. During this review, the school must furnish AACSB with proof of eligibility.
Detailed reports on the school’s programs, an overview of the school’s mission, and a thorough review of the school’s staff and admission policies are part of the review process. Prior to giving a business school accreditation, the AACSB also investigates the school’s use of resources and examines each offered degree to ensure that students are prepared to enter the workforce upon graduation.
Being an AACSB-accredited institution is a point of pride for the business schools that fulfill the rigorous requirements. To learn more about AACSB accreditation, visit www.aacsb.edu/accreditation/standards.
George Argyros Jr. is the founder and CEO of Elite Financial Group Llc., and a long time Newport Beach, California resident. As a community member, George Argyros Jr. is involve and support numerous charitable organizations. Among the organizations he supports is the Muscular Dystrophy Association.
Founded in 1950 the Muscular Dystrophy Association is an organization dedicated to finding cure and more effective treatments for neuromuscular diseases. The Muscular Dystrophy Association achieves these goals by funding research, advocating for greater access to care, and providing support for individuals suffering from neuromuscular diseases as well as their families and carers. The Muscular Dystrophy Association funds research through its program of grants.
The Muscular Dystrophy Association’s’ research grants are currently funding 200 research projects in 12 countries. There are four types of grant: basic research, translational research, clinical research, and infrastructure.
Each type of grant is aimed at solving a different problems. Basic research grants are for researchers studying the biological processes that lead to neuromuscular diseases. Translational research grants fund the development of new treatments for neuromuscular diseases; clinical research grants fund new treatment regimes that are moving to clinical trials. Finally, the infrastructure grants which exist to fill community needs.
While the first three types of grants are open to external applications, the fourth is not. Letters of intent for the next round of grants are due June 15 this year.
George Argyros, Jr. has leveraged his expertise in launching new business ventures into a leadership position for his company, Elite Financial Group, LLC. Additionally, George Argyros, Jr. has donated to many good causes including the Muscular Dystrophy Association (MDA).
Since 1950, the MDA has led efforts to mitigate the effects of muscular dystrophy and other neuromuscular diseases. Besides sponsoring some 200 research projects, the MDA organizes week-long summer camps, to encourage children to improve their quality of life in a barrier-free environment.
Camps benefit both children and caregivers. The children get to enjoy sports such as hockey, soccer, and baseball with disability-friendly options. Dances, arts and crafts, and talent shows stretch the capabilities of campers, increase self-esteem, and foster friendships. Camp staff provide adaptive measures that allow any child to take part in any activity.
Parents and guardians get a break from their caretaking responsibilities, knowing their children are receiving top-notch care for the mind and body alike, and fully trained volunteers and medical specialists are never far from the children.
As the president and CEO of Elite Financial Group, LLC, located in Newport Beach, California, George Argyros, Jr., leads a team that provides a complete range financial products and services in the insurance industry. Involved in his Southern California community, George Argyros, Jr., previously served as chairman of the board for the American Basketball Association’s (ABA) Long Beach Jam.
The ABA is a semiprofessional basketball league founded in 1999. The organization encourages its teams to contribute to their local communities by participating in programs like Fast Break for Reading, a literacy initiative sponsored by the International Reading Association (IRA).
The Fast Break for Reading program encourages students to read for a minimum of ten minutes each day by offering them unique incentives to do so. The program partners with several ABA teams to provide students who achieve their reading goals with game tickets, participation awards, and certificates from the ABA and the IRA.
Fast Break for Reading is a nationwide program that takes place over the course of four months. The goal of the program is for students to complete a total of 4 million minutes of reading. In its first year, Fast Break for Reading reached and exceeded its aim for 1 million total minutes of reading when participants logged 2.1 million minutes.
George Argyros Jr. heads the Elite Financial Group, LLC, of Newport Beach, California, a private holding company and financial services firm. George Argyros Jr. and his team have provided life insurance policies to clients since 2003.
To increase your likelihood of receiving good service and a product that suits your needs, make sure you evaluate the financial strength of the insurance company selling the policy. Find out how long they have done business and the background of its sales force. Ideally, an insurance professional you want to work with is a chartered life underwriter, chartered financial consultant, or certified financial planner. In addition, search online for business ratings through sites such as Weiss Ratings and AM Best Co.
Once you select an insurance company and representative that seem right for you, work with them to determine how they can meet your needs. Every company uses a different formula to calculate insurance coverage, but you and your agent’s primary goal should be to create a policy that, upon your death, pays off all your debts and leaves your beneficiaries with enough money to help them maintain their current lifestyle and/or improve their financial position.
When your agent presents you with a policy option, make sure you ask if it is based on an estimate or on a thorough analysis of your financial situation. A policy worth purchasing is comprehensive, and your agent should be able to explain in detail how a plan was customized to meet your needs.
After receiving both an undergraduate degree and a doctor of jurisprudence from Chapman University, George Argyros Jr. began a career in the finance and insurance industries. George Argyros Jr. is president and CEO of Elite Financial Group, LLC, a company that offers a variety of insurance products, including life insurance policies.
Life insurance policies provide a lump-sum payment to a pre-determined beneficiary in the event of the policy holder’s death. This is also known as a death benefit. Life insurance policies come in a variety of formats, but three of the most common types are whole, universal, and term.
Both universal and whole life insurance offer lifetime coverage. Whole life insurance premiums are typically fixed and whole life has a cash value, so it provides a tax-deferred savings opportunity for the policy holder. Universal life insurance premiums are variable, depending on the needs of the policy holder and the amount of coverage desired at the time. Universal also offers a tax-deferred savings opportunity for the policy holder.
Term life insurance policies provide protection for the policy holder for a guaranteed premium and a specified amount of time. If the policy holder dies during this time, the beneficiary receives a lump-sum payment. If not, the policy can be renewed, but the premium generally increases.