Jefferson National Partners is partnering with Captrust to launch five new asset allocation models, Jefferson officials announced recently.
The new models and strategies were created to address investors' financial goals and risk tolerance and will attempt to find risk-adjusted returns through portfolio construction, tactical asset allocation and investment manager selection, according to Jefferson National officials. The new models and strategies will be available to investors solely through registered investment advisors and broker-dealers who are a part of Jefferson National's Monument Advisor Flat-Fee VA program.
The partnership marks the first time for both companies that these asset allocation models will be available within a variable annuity. By integrating the models in Jefferson National's flat-fee variable annuity, independent RIAs and fee-based advisors will have access to institutional Captrust research, asset allocation strategies and proprietary management selection. Captrust currently has $72 billion in client assets.
"Whether an advisor chooses to manage assets for their clients or utilize an outside manager, now they can give clients' portfolios a distinct edge with allocation models that benefit from Captrust's institutional quality research, said Laurence Greenberg, Jefferson National's president.
"The combination of our proprietary asset allocation and investment manager research and their flat-fee annuity creates a powerful solution for investors," said Fielding Miller, Captrust's Chief Executive Officer. "This new relationship is a real endorsement of the research platform we have built over the past two decades."