Lending Solutions. Leverage-based products to complement investment strategies. Your Business Without Limits

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Lending Solutions. Leverage-based products to complement investment strategies. Your Business Without Limits"

Transcription

1 Lending Solutions Leverage-based products to complement investment strategies Your Business Without Limits

2

3 Let Pershing Help You Set Yourself Apart Your clients count on you to manage their assets. But what about the other side of their balance sheets? At Pershing, we believe that strategic liability management has the potential to enhance a client s wealth management plan. That is why we make available a range of lending solutions that can help your suitable clients get the most out of their portfolios, extend purchasing power or generate income without compromising their current investment strategies. You can rely on Pershing to provide the products you need and the services you want to help you expand your most valuable client relationships. yfor Professional Use Only. Not for Distribution to the Public. Your business without limits 3

4 > Margin Lending: Expand Portfolio Potential With CreditAdvance A securities-based margin lending tool to help clients stay in the market Through CreditAdvance, Pershing s margin lending tool, your clients have access to competitive margin rates. 1 Margin accounts allow your clients to borrow funds using the market value of their mutual fund shares and eligible securities as collateral for the loan to purchase additional shares or to use the money for other purposes. CreditAdvance is a line-of-credit designed to enhance a client s investment resources by leveraging the marginable securities held in the brokerage account. CreditAdvance offers rates that may be lower than standard bank loans or credit cards and no preset repayment schedule as long as your clients maintain the required equity level in their brokerage account. In addition, there are no added fees and the approval process is simple as it involves a single agreement. > Securities-Based Lending: Enhance Borrowing Power With LoanAdvance A line-of-credit for personal or business needs When your clients have ambitious financial goals, it is only natural for them to think of tapping their cash reserves or liquidating existing holdings. However, you can offer a borrowing alternative that will not disrupt their current holdings or result in tax consequences associated with liquidating appreciated securities. With LoanAdvance, clients can pledge a broad range of eligible assets as collateral and borrow between 70% and 90% of the combined market value in both their retail and separately managed accounts. 2 When using managed accounts for LoanAdvance, your clients do not need to move assets into a separate collateral account. They can continue to maintain their investment and cash management accounts, even though they have been pledged as collateral. LoanAdvance offers competitive interest rates and flexible borrowing terms. There is no required repayment schedule as long as your clients maintain the required equity level in their brokerage accounts and there are also no application or filing fees, or prepayment penalties. LoanAdvance is available to clients of most states in the U.S., along with some additional countries outside of the U.S. 3 Decisions about whether to liquidate assets can have a lasting impact on the overall financial health of clients. LoanAdvance gives clients a way to access credit for most personal and business needs without having to sell securities in their account, while keeping their investment strategy on track. 1 CreditAdvance may not be appropriate for all investors and the risks should be carefully evaluated. Purchasing securities on margin can expose accounts to the potential for higher losses, and accounts can lose more funds than deposited in CreditAdvance accounts. If the market value of a portfolio depreciates, additional funds or marginable securities may be required. Failure to satisfy account maintenance requirements will result in restrictions on accounts and liquidation of sufficient securities to bring accounts to an acceptable equity level. 2 LoanAdvance cannot be used for the purpose of: 1) purchasing or trading securities; 2) meeting margin calls relating to securities purchases; or 3) reducing or retiring indebtedness incurred to purchase, carry or trade securities. LoanAdvance may not be appropriate for all investors If the market value of a portfolio depreciates, additional funds or marginable securities may be required. Failure to satisfy account maintenance requirements will result in restrictions on accounts and liquidation of sufficient securities to bring accounts to an acceptable equity level. 3 Certain restrictions may apply. Contact Pershing for details. 4 Lending Solutions For Professional Use Only. Not for Distribution to the Public.

5 > Mortgage Lending: Provide Access to Mortgage Solutions With RealAdvance A mortgage referral program The decision to buy real estate or refinance an existing property is often made at a key turning point in a client s life. You can be there to address this important financial need with a mortgage solution. RealAdvance is made available by EverBank. 4 Your client will receive timely loan approvals, expedited processing and the guidelines and resources necessary to expeditiously close loans. RealAdvance mortgage referral program provides you with the ability to offer residential mortgage loans to your clients, in addition to the more traditional brokerage services you already provide. This will enable you to protect the relationships you have established with clients by ensuring they are not cross-sold and lured away by other financial firms. Solution Loan Amounts Loan Type(s) Key Investor Benefits CreditAdvance Margin Lending No Minimum Max: up to 50% of qualified securities Line-of-Credit can be used to purchase additional securities take advantage of investment opportunities without the need to liquidate assets LoanAdvance Consumer Lending Min: $25,001 5 Max: 70% 90% of qualified securities 6 Line-of-Credit available for most personal or business borrowing needs - Minimize taxes and improve cash flow Keep existing investment strategy on track managed account assets can be leveraged RealAdvance No Minimum Mortgage Lending used for real estate borrowing needs Mortgage Lending or Maximum - Fixed-Rate, Adjustable-Rate or Interest- Only Loans Fully Paid Securities Lending Min: $250,000 net worth No Maximum Securities Lending receive monthly income payment clients maintain complete control of loaned shares 4 RealAdvance loans are offered and funded by EverBank, an Equal Housing Lender. EverBank is not an affiliate of Pershing LLC or The Bank of New York Mellon Corporation. Mortgage proceeds cannot be used for securities investment purposes. 5 In most states. Contact Pershing for details. 6 Borrow up to 70% of the market value of qualified equity, mutual fund and investment-grade corporate or municipal bond securities as well as up to 90% of the market value for U.S. Treasury securities. y Your business without limits 5 For Professional Use Only. Not for Distribution to the Public.

6 > Fully Paid Securities Lending Our Fully Paid Securities Lending program enables clients who hold fully paid-for securities to loan those securities in exchange for potential additional revenue. 7 This specialized offering will help you enhance the level of service you provide to your clients and also will give you a competitive advantage in attracting new relationships. This creative solution increases potential returns to your client by providing them with monthly income payments and substitute payments for dividends on shared loans, while allowing them to maintain complete control of the loaned shares. > Lending Solutions to Help You Compete in a Challenging Market At Pershing, every product and service we make available is focused on helping you to grow your business. We recognize that lending solutions can help you compete for a greater share of assets in a competitive marketplace. With a complete suite of lending solutions, you can enhance your ability to meet the financing needs of your most valued clients. Discover the difference lending solutions can make to your business. 7 To participate in the Fully Paid Securities Lending program, a client must maintain a minimum net worth of $250,000 in their brokerage accounts held in custody by Pershing LLC. This program is primarily suited for investors with relatively stable portfolios. Enrollment in the Fully Paid Securities Lending program does not guarantee that Pershing LLC will actually borrow the securities. Pershing LLC will borrow securities based on the needs of its business. The securities that are borrowed are not protected under the Securities Investor Protection Corporation (SIPC), but the cash collateral received for the loaned securities is protected by SIPC. Cash collateral is always at least 100% of the market value of loaned securities, and is adjusted for market fluctuations daily Pershing LLC. Pershing LLC, member FINRA, NYSE, SIPC, is a subsidiary of The Bank of New York Mellon Corporation. Trademark(s) belong to their respective owners. For professional use only. Not for distribution to the public. 6 Lending Solutions For Professional Use Only. Not for Distribution to the Public.

7 Your Business Without Limits Visit pershing.com today to learn more about how our lending solutions can help you grow your business.

8 About Us Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent more than five million active investors. Located in 23 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Börse, Irish Stock Exchange, the London Stock Exchange and the Australian Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at pershing.com. SCB-PER-LS-3-12

Leverage the Value of Your Brokerage Account Through Securities-Based Lending

Leverage the Value of Your Brokerage Account Through Securities-Based Lending Leverage the Value of Your Brokerage Account Through Securities-Based Lending Smart, accessible borrowing options do exist for you, even in today s tough credit market. Your carefully planned portfolio

More information

Wealth Management Solutions

Wealth Management Solutions Wealth Management Solutions Helping You Grow Your High-Net-Worth Business Your Business Without Limits TM The Wealth Management Opportunity As the level of wealth continues to grow among high-net-worth

More information

PRIVATE BANKING SOLUTIONS TAILORED LENDING AND MORTGAGE STRATEGIES FOR HIGH-NET-WORTH INVESTORS

PRIVATE BANKING SOLUTIONS TAILORED LENDING AND MORTGAGE STRATEGIES FOR HIGH-NET-WORTH INVESTORS PRIVATE BANKING SOLUTIONS TAILORED LENDING AND MORTGAGE STRATEGIES FOR HIGH-NET-WORTH INVESTORS KEY BENEFITS TO YOUR BUSINESS Deepen Relationships. With direct access to private banking solutions, clients

More information

myedocumentsuite.com ENHANCE THE CLIENT EXPERIENCE

myedocumentsuite.com ENHANCE THE CLIENT EXPERIENCE myedocumentsuite.com TM ENHANCE THE CLIENT EXPERIENCE myedocumentsuite.com TM Electronic delivery of documents is rapidly becoming the standard for financial services companies. Delivering necessary documentation

More information

ENHANCED PRODUCTIVITY WITH STREAMLINED SOLUTIONS FOR YOUR ANNUITY BUSINESS

ENHANCED PRODUCTIVITY WITH STREAMLINED SOLUTIONS FOR YOUR ANNUITY BUSINESS ENHANCED PRODUCTIVITY WITH STREAMLINED SOLUTIONS FOR YOUR ANNUITY BUSINESS Subscribe streamlines how you process, service and maintain fixed and variable annuities, helping you enhance the overall experience

More information

Flexible technology. Empower your business with Pershing s NetX360

Flexible technology. Empower your business with Pershing s NetX360 Flexible technology Today s fiercely competitive environment requires powerful, flexible technology to optimize your productivity and performance. Pershing s open architecture platform gives you the freedom

More information

Wealth Management Solutions. Helping You Grow Your High-Net-Worth Business

Wealth Management Solutions. Helping You Grow Your High-Net-Worth Business Wealth Management Solutions Helping You Grow Your High-Net-Worth Business PERSHING S WEALTH MANAGEMENT SOLUTIONS MAY ENABLE YOUR CLIENTS TO EFFECTIVELY PROTECT AND INCREASE THEIR WEALTH From alternative

More information

Priority Credit Line. Meet today s financing needs while preparing for the future

Priority Credit Line. Meet today s financing needs while preparing for the future Priority Credit Line Meet today s financing needs while preparing for the future Access cash without selling assets As a savvy investor, you know that managing both sides of your balance sheet is an important

More information

Wealth Management Solutions

Wealth Management Solutions Wealth Management Solutions Delray Financial Group LLC is an independent regional boutique wealth management firm whose sole business is to serve its clients. With over 25 years of personalized, professional

More information

This material is derived from sources believed to be reliable, but its accuracy and the opinions based thereon are not guaranteed.

This material is derived from sources believed to be reliable, but its accuracy and the opinions based thereon are not guaranteed. Using Debt Wisely INVESTMENT AND INSURANCE PRODUCTS: NOT FDIC INSURED NOT A BANK DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NO BANK GUARANTEE MAY LOSE VALUE Disclosures The information provided

More information

What is Wealth Management?

What is Wealth Management? What is Wealth Management? INVESTMENT AND INSURANCE PRODUCTS: NOT FDIC INSURED. NOT A BANK DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT BANK GUARANTEED. MAY LOSE VALUE The Wealth Management

More information

Loan Disclosure Statement

Loan Disclosure Statement ab Loan Disclosure Statement Risk Factors You Should Consider Before Using Margin or Other Loans Secured by Your Securities Accounts This brochure is only a summary of certain risk factors you should consider

More information

Margin borrowing. Set your fi nancial future in motion.

Margin borrowing. Set your fi nancial future in motion. Margin borrowing Set your fi nancial future in motion. Maximize your brokerage account capabilities. Margin trading entails greater risk and is not suitable for all investors. Please speak with your broker

More information

Financing Options for Advisor Succession

Financing Options for Advisor Succession Financing Options for Advisor Succession Ideas Without Limits TM Contents Seller Financing...2 Promissory Notes...3 Performance-Based Notes... 4 Bank Financing... 6 Security and Collateral...7 Summary...

More information

A guide to margin borrowing

A guide to margin borrowing A guide to margin borrowing Before you borrow on margin, it is important to review your financial situation, investment objectives, risk tolerance, time horizon, diversification needs, and liquidity objectives

More information

Your Consolidated. Resource for. Brokerage Checking

Your Consolidated. Resource for. Brokerage Checking Your Consolidated Resource for Brokerage Checking WHAT IS RESOURCE CHECKING? Resource Checking is a free service that allows you to write checks against the cash and money market fund balance(s) held in

More information

Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES. Your Business Without Limits TM

Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES. Your Business Without Limits TM Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES Your Business Without Limits TM 2 FIXED INCOME TRADING Explore Our Fixed Income Capabilities Our dedicated team of experts, electronic

More information

Rollover IRAs. Maximize the potential of your retirement savings

Rollover IRAs. Maximize the potential of your retirement savings Rollover IRAs Maximize the potential of your retirement savings Consolidate Your Retirement Savings With a Rollover IRA If you have changed jobs, left the workforce or plan to retire, you likely have

More information

The Pershing Advantage

The Pershing Advantage The Pershing Advantage Comprehensive business solutions for investment professionals Your Business Without Limits TM A Partnership That Works For You Pershing s exclusive focus on serving investment professionals

More information

Please complete and sign this Application, along with any required supplemental forms identified through this application process.

Please complete and sign this Application, along with any required supplemental forms identified through this application process. Retail Brokerage Account Application About this Application This is a. Please read it carefully, as you will select products and services, tell us how you want to communicate with us, and agree to certain

More information

Rollover IRAs. Consider the advantages of consolidating your retirement savings

Rollover IRAs. Consider the advantages of consolidating your retirement savings Rollover IRAs Consider the advantages of consolidating your retirement savings Consider the Advantages of Consolidating Your Retirement Savings If you have changed jobs, left the workforce or plan to

More information

Understanding Margin and Its Risks

Understanding Margin and Its Risks Understanding Margin and Its Risks www.siebertnet.com Before opening a margin account, you should have a clear understanding of the basic facts about margin and the risks of trading securities on margin.

More information

Financing and Liquidity Strategies

Financing and Liquidity Strategies Financing and Liquidity Strategies A Morgan Stanley offers you a comprehensive approach to financing and liquidity delivering customized solutions for you that complement your overall investment strategy

More information

1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates

More information

Using Credit Strategies Wisely in Retirement Planning.

Using Credit Strategies Wisely in Retirement Planning. Using Credit Strategies Wisely in Retirement Planning. Prepared by. Lawrence Katz, Regional Private Banking Manager. Todd Barfield, Regional Private Banking Manager. In this white paper. 1 Meeting capital

More information

BUYING STOCKS ON MARGIN

BUYING STOCKS ON MARGIN BUYING STOCKS ON MARGIN The Basics BEFORE YOU INVEST, INVESTIGATE TM Securities Industry Association SIA thanks the Discount Brokerage and Investor Education Committees and the public relations executives

More information

Margin Trading. A. How Margin Works? B. Why Trading on Margin Can Be Very Risky and Is Not Suitable for Everyone? C. Conclusion

Margin Trading. A. How Margin Works? B. Why Trading on Margin Can Be Very Risky and Is Not Suitable for Everyone? C. Conclusion A. How Margin Works? B. Why Trading on Margin Can Be Very Risky and Is Not Suitable for Everyone? C. Conclusion 2 An investor who purchases securities may pay for the securities in full, from his own resources,

More information

TD Ameritrade Self-Directed Brokerage Account. A Guide for Plan Participants Brokerage Option

TD Ameritrade Self-Directed Brokerage Account. A Guide for Plan Participants Brokerage Option TD Ameritrade Self-Directed Brokerage Account A Guide for Plan Participants Brokerage Option Inside Your Participant Guide TD Ameritrade Self-Directed Brokerage Account Overview 1 Is a Self-Directed Brokerage

More information

Invested in Your Success

Invested in Your Success Invested in Your Success Pershing by the numbers 4,000 Employees around the world $1.5 trillion Global client assets* We have a long history of powering the financial services industry. And we continue

More information

Balanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth.

Balanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth. Wealth for Life Glossary Aggressive growth fund: A mutual fund that aims for the highest capital gains. They often invest in smaller emerging companies that offer maximum growth potential. Adjustable Rate

More information

National Financial Services LLC. A guide to your brokerage account

National Financial Services LLC. A guide to your brokerage account National Financial Services LLC A guide to your brokerage account Quality service for your account As part of our effort to provide you with quality service, our broker-dealer has an agreement with National

More information

TD AMERITRADE Self-Directed Brokerage Account. A Guide for Plan Participants Mutual Funds Option. Your future. Made easier.

TD AMERITRADE Self-Directed Brokerage Account. A Guide for Plan Participants Mutual Funds Option. Your future. Made easier. TD AMERITRADE Self-Directed Brokerage Account A Guide for Plan Participants Mutual Funds Option Your future. Made easier. Inside Your Participant Guide TD AMERITRADE Self-Directed Brokerage Account Overview

More information

Health Savings Accounts AN EFFECTIVE WAY TO MANAGE CLENTS HEALTHCARE COSTS AND SUPPLEMENT THEIR RETIREMENT SAVINGS

Health Savings Accounts AN EFFECTIVE WAY TO MANAGE CLENTS HEALTHCARE COSTS AND SUPPLEMENT THEIR RETIREMENT SAVINGS Health Savings Accounts AN EFFECTIVE WAY TO MANAGE CLENTS HEALTHCARE COSTS AND SUPPLEMENT THEIR RETIREMENT SAVINGS Health Savings Accounts With baby boomers set to retire, increased health costs, and decreased

More information

Lincoln Financial Advisors

Lincoln Financial Advisors Lincoln Financial Advisors A Commitment to Excellence A promise to listen When you retain Lincoln Financial Advisors, you benefit from personal service and our extensive financial experience. We take the

More information

Maximize the Benefits. Of Holding Securities In Your Brokerage Account

Maximize the Benefits. Of Holding Securities In Your Brokerage Account Maximize the Benefits Of Holding Securities In Your Brokerage Account Are Your Securities in a Safe Place? Did you know that replacing lost, stolen or destroyed certificates is complicated and costly?

More information

Please complete and sign this Application, along with any required supplemental forms identified through this application process.

Please complete and sign this Application, along with any required supplemental forms identified through this application process. About this Application This is a Brokerage Account Application. Please read it carefully, as you will select products and services, tell us how you want to communicate with us, and agree to certain provisions

More information

Standard Fee & Commission Schedule

Standard Fee & Commission Schedule Standard Fee & Commission Schedule Effective March 1, 2008 TABLE OF CONTENTS Investment Services (Provided through Financial Advisors or Client Services, 1-800-634-1100) Equities...1 Options...1 Mutual

More information

Brokerage Portfolio. Platinum Cash Back Now Available for Visa Platinum Debit Cardholders

Brokerage Portfolio. Platinum Cash Back Now Available for Visa Platinum Debit Cardholders Brokerage Portfolio Spend more time enjoying your money, and less time managing it. Platinum Cash Back Now Available for Visa Platinum Debit Cardholders Take control of your money and your time. For many

More information

Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES. Your Business Without Limits TM

Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES. Your Business Without Limits TM Fixed Income Trading ACCESS A WORLD OF FIXED INCOME OPPORTUNITIES Your Business Without Limits TM Explore Our Fixed Income Capabilities Our dedicated team of experts and powerful suite of tools and resources

More information

UNDERSTANDING CLOSED-END FUNDS

UNDERSTANDING CLOSED-END FUNDS Lessons in Investing for Income UNDERSTANDING CLOSED-END FUNDS Income is one of investors most common goals but one not easily achieved, especially in today s low-yielding environment. That s why investors

More information

TIAA-CREF Individual & Institutional Services, LLC (A wholly-owned subsidiary of Teachers Insurance and Annuity Association of America) Statement of

TIAA-CREF Individual & Institutional Services, LLC (A wholly-owned subsidiary of Teachers Insurance and Annuity Association of America) Statement of TIAA-CREF Individual & Institutional Services, LLC (A wholly-owned subsidiary of Teachers Insurance and Annuity Association of America) Statement of Financial Condition (Unaudited) Index Page(s) Financial

More information

Power. Simplicity. Value.

Power. Simplicity. Value. Power. Simplicity. Value. TIAA-CREF Brokerage Services: The freedom to build, control and adjust your portfolio of investments according to your goals. We have a 95-year legacy of trust. TIAA-CREF Brokerage

More information

NATIONAL FINANCIAL SERVICES LLC

NATIONAL FINANCIAL SERVICES LLC NATIONAL FINANCIAL SERVICES LLC A GUIDE TO YOUR BROKERAGE ACCOUNT As part of our effort to provide you with quality service, our broker/dealer has an agreement with National Financial Services LLC in which

More information

Ameriprise Brokerage Non-Qualified Account Application For Internal Use Only Account Number

Ameriprise Brokerage Non-Qualified Account Application For Internal Use Only Account Number DOC0105402192 Ameriprise Financial Services, Inc. 70100 Ameriprise Financial Center Minneapolis, MN 55474 Ameriprise Brokerage Non-Qualified Account Application Part 1 Account Owner Details Account Owner

More information

Procedures for Transfer of Certain Customer Brokerage Accounts

Procedures for Transfer of Certain Customer Brokerage Accounts Procedures for Transfer of Certain Customer Brokerage Accounts Last Updated March 17, 2009 As a result of orders issued by the Court on March 5, 2009 and March 12, 2009 at the request of the Receiver,

More information

Retirement Solutions. Grow Your Retirement Business With Pershing. Your Business Without Limits TM

Retirement Solutions. Grow Your Retirement Business With Pershing. Your Business Without Limits TM Retirement Solutions Grow Your Retirement Business With Pershing Your Business Without Limits TM Grow Your Retirement Business With Pershing Open architecture platform Simplified account management Unbiased

More information

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts Traditional and Roth IRAs Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the

More information

Asset Protection for Clients of Registered Investment Advisors

Asset Protection for Clients of Registered Investment Advisors Brokerage & Custody Exclusively for Advisors Member FINRA/SIPC/Reg d MSRB 9845 Erma Road, Suite 312 San Diego, CA 92131 Phone (858) 530-1031 (800) 380-7370 Fax (858) 530-1820 Asset Protection for Clients

More information

The Janney Rollover IRA Advantage. Your Road to Retirement

The Janney Rollover IRA Advantage. Your Road to Retirement The Janney Rollover IRA Advantage Your Road to Retirement The Highest Standard of Success in Financial Relationships Rolling over assets to an IRA at Janney Montgomery Scott offers you important advantages

More information

Procedures for Transfer of Certain Customer Brokerage Accounts

Procedures for Transfer of Certain Customer Brokerage Accounts Procedures for Transfer of Certain Customer Brokerage Accounts Last Updated March 30, 2009 As a result of orders issued by the Court on March 5, 2009 and March 12, 2009 at the request of the Receiver,

More information

SOLUTIONS FOR REGISTERED INVESTMENT ADVISORS

SOLUTIONS FOR REGISTERED INVESTMENT ADVISORS SOLUTIONS FOR REGISTERED INVESTMENT ADVISORS Delivering customized investment solutions and strategies to sophisticated fiduciaries and intermediaries For Use with Financial Professionals Only. Not for

More information

Responsible leveraging. A wealth creation strategy

Responsible leveraging. A wealth creation strategy Responsible leveraging A wealth creation strategy What is leveraging? Borrowing to invest is a wealth-building strategy that has been used for thousands of years. The financial term for borrowing to invest

More information

11.437 Financing Community Economic Development Class 6: Fixed Asset Financing

11.437 Financing Community Economic Development Class 6: Fixed Asset Financing 11.437 Financing Community Economic Development Class 6: Fixed Asset Financing I. Purpose of asset financing Fixed asset financing refers to the financing for real estate and equipment needs of a business.

More information

TD Ameritrade Self-Directed Brokerage Account. A guide for plan participants Mutual funds option

TD Ameritrade Self-Directed Brokerage Account. A guide for plan participants Mutual funds option TD Ameritrade Self-Directed Brokerage Account A guide for plan participants Mutual funds option Inside Your Participant Guide TD Ameritrade Self-Directed Brokerage Account Overview 2 Is a Self-Directed

More information

FIXED INCOME. Consistent Revenue A WIDER VIEW TM

FIXED INCOME. Consistent Revenue A WIDER VIEW TM FIXED INCOME Consistent Revenue A WIDER VIEW TM It s time for A WIDER VIEW. TM It s the view that says stocks, bonds, mutual funds, annuities, life insurance, every type of investment has to make a contribution

More information

MITSUI SUMITOMO INSURANCE COMPANY, LIMITED AND SUBSIDIARIES. CONSOLIDATED BALANCE SHEETS March 31, 2005 and 2006

MITSUI SUMITOMO INSURANCE COMPANY, LIMITED AND SUBSIDIARIES. CONSOLIDATED BALANCE SHEETS March 31, 2005 and 2006 CONSOLIDATED BALANCE SHEETS March 31, 2005 and 2006 2005 2006 ASSETS Investments - other than investments in affiliates: Securities available for sale: Fixed maturities, at fair value 3,043,851 3,193,503

More information

TD Ameritrade Brokerage Account. A guide for plan participants Mutual funds option

TD Ameritrade Brokerage Account. A guide for plan participants Mutual funds option TD Ameritrade Brokerage Account A guide for plan participants Mutual funds option Inside your participant guide TD Ameritrade Brokerage Account Overview 2 Is a Brokerage Account Right for Me? 2 Am I Eligible?

More information

Apex Clearing Corporation

Apex Clearing Corporation Statement of Financial Condition (Unaudited) Apex Clearing Corporation is a member of FINRA, Securities Investor Protection Corporation (SIPC), NYSE MKT LLC, NYSE Arca, Inc., BATS Y Exchange, Inc., BATS

More information

Please complete and sign this Application, along with any required supplemental forms identified through this application process.

Please complete and sign this Application, along with any required supplemental forms identified through this application process. Brokerage ABZ 153 Securities Way, Suite 1001 Richmond, VA 00150 15.31.5543 www.brokerageabz.com About this Application This is a Retail Brokerage Account Application. Please read it carefully, as you will

More information

STATEMENT OF FINANCIAL CONDITION

STATEMENT OF FINANCIAL CONDITION STATEMENT OF FINANCIAL CONDITION First Clearing, LLC (A wholly owned limited liability company of Wells Fargo Advisors, LLC) (With Report from Independent Registered Public Accounting Firm Thereon) (A

More information

Using debt constructively

Using debt constructively Using debt constructively When properly managed, smart borrowing can be a useful component of your financial toolkit hom e mortgage car paym ents credit cards savings and i nvestm ents fixedinterest loans

More information

TIAA-CREF Self-Directed Brokerage Overview and Account Setup. Your quick guide to the brokerage program

TIAA-CREF Self-Directed Brokerage Overview and Account Setup. Your quick guide to the brokerage program TIAA-CREF Self-Directed Brokerage Overview and Account Setup Your quick guide to the brokerage program For investors with specialized investing needs, more choice means more opportunity to direct retirement

More information

BlackRock Diversified Income Portfolio. A portfolio from Fidelity Investments designed to seek income while managing risk

BlackRock Diversified Income Portfolio. A portfolio from Fidelity Investments designed to seek income while managing risk BlackRock Diversified Income Portfolio A portfolio from Fidelity Investments designed to seek income while managing risk Fidelity Investments has formed a strategic alliance with BlackRock Investment Management,

More information

Hewitt Financial Services Self-Directed Brokerage Account (SDBA)

Hewitt Financial Services Self-Directed Brokerage Account (SDBA) invest in you Enrollment Guide Brokerage Account (SDBA) Savings Plus offers a self-directed brokerage account option for investors who may want to direct investments to a wider variety of options other

More information

Cash Investments MORE: Multiple Owner Real Estate

Cash Investments MORE: Multiple Owner Real Estate Private Capital Corporation Inland Private Capital Corporation Cash Investments MORE: Multiple Owner Real Estate www.inland-investments.com Inland Private Capital Corporation 415 properties in 44 states

More information

FLEXIBLE TEChNoLogY To DELIVER online BRokERAgE SERVICES To YoUR CLIENTS

FLEXIBLE TEChNoLogY To DELIVER online BRokERAgE SERVICES To YoUR CLIENTS Flexible technology TO DELIVER online brokerage services TO YOUR CLIENTS Traditional business models are evolving and the need to provide the convenience that investors demand is more important than ever.

More information

Your story is unique. Your Financial Advisor will work with Wells Fargo Private Bank to build a team designed around you

Your story is unique. Your Financial Advisor will work with Wells Fargo Private Bank to build a team designed around you Your story is unique Your Financial Advisor will work with Wells Fargo Private Bank to build a team designed around you A team of local professionals focused on your needs Your relationship with your Wells

More information

The Janney Rollover IRA Advantage

The Janney Rollover IRA Advantage The Janney Rollover IRA Advantage Your Road to Retirement THE HIGHEST STANDARD OF SUCCESS IN FINANCIAL RELATIONSHIPS Rolling over assets to an IRA at Janney Montgomery Scott offers you important advantages

More information

13 FINANCIAL PLANNING STRATEGIES FOR 2013

13 FINANCIAL PLANNING STRATEGIES FOR 2013 13 FINANCIAL PLANNING STRATEGIES FOR 2013 Timely, actionable ideas following the American Taxpayer Relief Act KEY TAKEAWAYS With the passing of the American Taxpayer Relief Act of 2012 in reaction to the

More information

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income Personal retirement account A retirement savings strategy using PARTICIPATING life insurance Show clients a tax-preferred solution to enhance retirement income 2 Personal retirement account Here s the

More information

CMA Affinity Program Offers

CMA Affinity Program Offers CMA Affinity Program Offers Union Bank is proud to partner with the California Medical Association to serve the unique financial needs of your practice, your staff, and yourself. We approach our customer

More information

Trading Services. Your Business Without Limits TM

Trading Services. Your Business Without Limits TM Trading Services Comprehensive solutions for today s complex markets Your Business Without Limits TM Give Yourself a Competitive Edge Today, when milliseconds count, you need reliable resources to help

More information

Statement of Financial Condition unaudited

Statement of Financial Condition unaudited Statement of Financial Condition unaudited June 30, 2015 Vanguard Marketing Corporation (a wholly owned subsidiary of The Vanguard Group, Inc.) Vanguard Marketing Corporation (a wholly owned subsidiary

More information

Section 1042: Sale of a Business to an ESOP

Section 1042: Sale of a Business to an ESOP Section 1042: Sale of a Business to an ESOP June 4, 2014 Jeremiah W. Doyle, IV Senior Vice President, Wealth Strategist Table of Contents Overview Qualified Replacement Property Investment Strategy Questions

More information

A Winning Relationship. You, Your Advisor, and Schwab Advisor Services. For Clients of Independent Investment Advisors

A Winning Relationship. You, Your Advisor, and Schwab Advisor Services. For Clients of Independent Investment Advisors A Winning Relationship You, Your Advisor, and Schwab Advisor Services For Clients of Independent Investment Advisors Your advisor s expertise and Schwab s custody services come together to help protect

More information

Customized lending to complement your overall financial strategy

Customized lending to complement your overall financial strategy Customized lending to complement your overall financial strategy Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered

More information

OPENING DOORS WITH OUR RESIDENTIAL LENDING

OPENING DOORS WITH OUR RESIDENTIAL LENDING OPENING DOORS WITH OUR RESIDENTIAL LENDING We offer a wide range of options for homebuyers and homeowners looking to refinance. OPENING DOORS WITH OUR RESIDENTIAL LENDING THE FINANCING SOLUTION YOU SEEK.

More information

FINANCIAL SERVICES BOARD COLLECTIVE INVESTMENT SCHEMES

FINANCIAL SERVICES BOARD COLLECTIVE INVESTMENT SCHEMES FINANCIAL SERVICES BOARD COLLECTIVE INVESTMENT SCHEMES INTRODUCTION This booklet will provide you with information on the importance of understanding ways in which Collective Investment Schemes ( CIS )

More information

Premium Financing: Common Financing Traps and Dilemmas

Premium Financing: Common Financing Traps and Dilemmas Premium Financing: Common Financing Traps and Dilemmas Premium financing is often used as a way for a client to leverage his or her current liquid assets. Instead of writing the check for the premium due,

More information

529 College Savings Plans. The smart way to save and invest for college

529 College Savings Plans. The smart way to save and invest for college 529 College Savings Plans The smart way to save and invest for college Higher Education Paves the Way An investment in higher education is an investment for the future; whether you are saving and investing

More information

MAKING SMART BORROWING DECISIONS IN RETIREMENT

MAKING SMART BORROWING DECISIONS IN RETIREMENT MAKING SMART BORROWING DECISIONS IN RETIREMENT A post-recession lending guide for retirees and pre-retirees. KEY TAKEAWAYS When properly managed, smart borrowing can be a useful component of your financial

More information

Accounts payable Money which you owe to an individual or business for goods or services that have been received but not yet paid for.

Accounts payable Money which you owe to an individual or business for goods or services that have been received but not yet paid for. A Account A record of a business transaction. A contract arrangement, written or unwritten, to purchase and take delivery with payment to be made later as arranged. Accounts payable Money which you owe

More information

INVESTMENT DICTIONARY

INVESTMENT DICTIONARY INVESTMENT DICTIONARY Annual Report An annual report is a document that offers information about the company s activities and operations and contains financial details, cash flow statement, profit and

More information

Attempting to Protect the Value Accumulated in a GRAT

Attempting to Protect the Value Accumulated in a GRAT INSIGHTS Attempting to Protect the Value Accumulated in a GRAT The primary goal of a GRAT is the ability to allow assets to potentially increase in value, then have the appreciated amounts pass on to beneficiaries

More information

Invest your IRA in Non-Traditional Assets

Invest your IRA in Non-Traditional Assets Invest your IRA in Non-Traditional Assets Security Trust Company Security Trust Company is a retirement plan administrator only and does not provide legal, tax, or investment advice. Security Trust Company

More information

Financing Your Dreams

Financing Your Dreams Financing Your Dreams Working together for your benefit Your personal balance sheet comprises assets what you own and liabilities what you owe. When or whether you eventually reach your long-term financial

More information

Global Wealth Management

Global Wealth Management Global Wealth Management RBC: A Global Leader with a Proud Canadian Heritage Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment

More information

Short Sale. Dr. Patrick Toche

Short Sale. Dr. Patrick Toche Short Sale Dr. Patrick Toche References : Zvi Bodie, Alex Kane, Alan J. Marcus. Essentials of Investment. McGraw- Hill Irwin. Chapter 3 of the Bodie-Kane-Marcus textbook will be followed closely. Other

More information

Please do not hesitate to call if you have any questions as you fill out our questionnaire. Feel free to attach additional sheets if necessary.

Please do not hesitate to call if you have any questions as you fill out our questionnaire. Feel free to attach additional sheets if necessary. Franchise Application PAGE 1 OF 5 Partners must complete separate applications. Personal Information NAME SOCIAL SECURITY # ADDRESS CITY STATE ZIP HOME PHONE WORK PHONE (IF OK TO CONTACT YOU HERE) CELL

More information

How Bankers Think. Build a sound financial base to support your company for future growth

How Bankers Think. Build a sound financial base to support your company for future growth How Bankers Think Build a sound financial base to support your company for future growth Presented by: Lisa Chapman Business Planning, Social Media Marketing & SEO 615-477-8412 Questions to Consider First

More information

THE STOCK MARKET GAME GLOSSARY

THE STOCK MARKET GAME GLOSSARY THE STOCK MARKET GAME GLOSSARY Accounting: A method of recording a company s financial activity and arranging the information in reports that make the information understandable. Accounts payable: The

More information

AN EFFECTIVE WAY TO MANAGE HEALTHCARE COSTS

AN EFFECTIVE WAY TO MANAGE HEALTHCARE COSTS Health Savings Accounts AN EFFECTIVE WAY TO MANAGE HEALTHCARE COSTS Expand Your Financial Services Capabilities with Pershing Open architecture Simplified account management Unbiased perspective Wide selection

More information

DFA INVESTMENT DIMENSIONS GROUP INC.

DFA INVESTMENT DIMENSIONS GROUP INC. PROSPECTUS February 28, 2015 Please carefully read the important information it contains before investing. DFA INVESTMENT DIMENSIONS GROUP INC. DFA ONE-YEAR FIXED INCOME PORTFOLIO Ticker: DFIHX DFA TWO-YEAR

More information

SOURCING FINANCIAL SOLUTIONS FOR CAPITAL INVESTMENTS

SOURCING FINANCIAL SOLUTIONS FOR CAPITAL INVESTMENTS SOURCING FINANCIAL SOLUTIONS FOR CAPITAL INVESTMENTS OUR ADVICE AND EXPERTISE CAN YIELD EXCEPTIONAL RESULTS OVER TIME Sourcing financial solutions for the investment success of each and every one of our

More information

Life Insurance-Premium Financing BY MATT HEALY MANAGING DIRECTOR, CLIENT RISK MANAGEMENT

Life Insurance-Premium Financing BY MATT HEALY MANAGING DIRECTOR, CLIENT RISK MANAGEMENT Life Insurance-Premium Financing BY MATT HEALY MANAGING DIRECTOR, CLIENT RISK MANAGEMENT Life Insurance-Premium Financing BY MATT HEALY MANAGING DIRECTOR, CLIENT RISK MANAGEMENT EXECUTIVE SUMMARY Life

More information

Understanding your cash sweep options

Understanding your cash sweep options M914471105 Understanding your cash sweep options The following information is being provided so that you can review your cash sweep option(s) with your Merrill Lynch financial advisor ( financial advisor

More information

asset classes Understanding Equities Property Bonds Cash

asset classes Understanding Equities Property Bonds Cash NEWSLETTER Understanding asset classes High return Property FIND OUT MORE Equities FIND OUT MORE Bonds FIND OUT MORE Cash FIND OUT MORE Low risk High risk Asset classes are building blocks of any investment.

More information

Chapter. 2 Buying and. Selling Securities. McGraw-Hill/Irwin. Copyright 2008 by The McGraw-Hill Companies, Inc. All rights reserved.

Chapter. 2 Buying and. Selling Securities. McGraw-Hill/Irwin. Copyright 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 2 Buying and Selling Securities McGraw-Hill/Irwin Copyright 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Buying and Selling Securities Don t Gamble! Take all your savings and buy

More information

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts

Traditional and Roth IRAs. Invest for retirement with tax-advantaged accounts Traditional and s Invest for retirement with tax-advantaged accounts Your Retirement It is your ultimate reward for a lifetime of hard work and dedication. It is a time when you should have the financial

More information

Appraisal A written analysis prepared by a qualified appraiser and estimating the value of a property

Appraisal A written analysis prepared by a qualified appraiser and estimating the value of a property REAL ESTATE BASICS Affordability Analysis An analysis of a buyer s ability to afford the purchase of a home, reviews income, liabilities, and available funds, and considers the type of mortgage a buyer

More information