To Supply Tax-Advantaged Investing Solution
Louisville, KY, November 15, 2016— Jefferson National has partnered with Securities America to supply its leading tax-advantaged investing solution to the financial advisors and financial institutions across the country.
Securities America is one of the nation’s largest independent broker/dealers of more than 2,000 independent advisors and $58 billion in client assets.
Now financial advisors and institutions served by Securities America will have a new choice for tax-smart investing to optimize clients’ portfolios. Jefferson National’s Monument Advisor is the industry’s first1 Flat-Fee2 Investment-Only Variable Annuity (IOVA) with nearly 380 investment options, including more than 70 alternatives—the industry’s most underlying funds3 and the most liquid alternatives4 utilizing strategies like those favored by hedge funds and elite institutional investors.
“Jefferson National has a longstanding relationship with parent company, Ladenburg Thalmann, and partnerships with several of Securities America’s sister companies, including Triad Advisors, KMS and Securities Service Network. This was a natural progression to continue building our distribution network with one of the industry’s largest independent broker dealers. Securities America’s business model is well-aligned to the Jefferson National story, with fee-based advisory business making up nearly half (48.78%) of an advisor’s production,” said Mitchell Caplan, CEO of Jefferson National.
“At Securities America we are always seeking new alliances with quality investment solutions that help our advisors and institutions in their mission to support the financial goals of their clients. With its unique flat-fee, Jefferson National’s Monument Advisor is not just another VA product—it’s an innovative category of tax-advantaged investing solution to help maximize the value of tax deferral while building and growing a successful fee-based practice,” said Zach Parker, First Vice President of Wealth Management & Product Strategy at Securities America.
The fee-based advisors of Securities America can now provide more holistic financial advice by managing tax-deferred assets alongside taxable vehicles. Jefferson National’s tax-advantaged investing solution can potentially enhance the performance of many tax-inefficient assets and strategies that generate ordinary income and short term capital gains, such as fixed income, REITs, actively managed funds and many high-turnover liquid alternatives. Research confirms that tax-deferral can potentially increase returns by an average of 100 basis points—without increasing risk.5
1Mogel, Gary S. (2005, June 6), Flat-fee variable annuity makes its debut. Investment News. Retrieved from http://www.investmentnews.com/article/20050606/SUB/506060708
2Jefferson National’s Monument Advisor has a $20 monthly flat insurance fee. Additional low-cost fund platform fees ranging from .10% – .35% will be assessed for investors wishing to purchase shares of low-cost funds. See the prospectus for details. Certain low-cost funds may only be available to you if you retain certain investment advisors.
3Morningstar Data as of 04/30/15.
4 Morningstar Data as of 04/30/15.
5The Tax-Efficient Frontier: Improving the Efficient Frontier with the Power of Tax Deferral, by David Lau, published by Jefferson National, June 2010.3The State of US Retail and Institutional Asset Management 2012, Cerulli Associates, 2013.
About Jefferson National
Jefferson National is a recognized innovator of a leading tax-advantaged investing platform for RIAs, fee-based advisors and the clients they serve. Trusted partner to a network of 4,000 advisors, Jefferson National provides greater efficiency, transparency and choice through an adaptable technology platform, award-winning distribution strategy and cost-effective servicing capabilities. Named the industry “Gold Standard” and winner of more than 50 industry awards, including the DMA 2010 Financial Services Company of the Year. The company serves advisors and clients in all 50 states and the District of Columbia, through its subsidiaries Jefferson National Life Insurance Company and Jefferson National Life Insurance Company of New York. To reach our advisor support desk, please call 1-866-WHY-FLAT (1-866-949-3528). To learn more, please visit here and follow Jefferson National on Twitter at @jeffnat.
