CCA Launches Individual Defined Benefit Plan
A fully automated online tool enabling financial
advisors to design, establish and administer high-contribution,
individual defined benefit plans for their sole proprietor clients has
been unveiled by Chicago-based CCA Small Business Group LLC, a provider
of retirement plans and services for sole proprietors and small
businesses.
MyMaxä program consolidates all of the
actuarial work of prequalification, modeling, plan establishment and
ongoing administration into a single, self-administered online
application. It requires no special software or training. MyMaxä
features a comprehensive plan set-up process, available online, which
includes qualification, contribution limit determination, plan design
and establishment, and then choosing from more than 60 Institutional
Class mutual funds.
Once the plan has been activated, individuals and
investment advisors can view contribution status and make adjustments
using MyPage, a personal Web site dedicated for plan maintenance.
MyMaxä provides participants and their advisors full control of their
plan, allowing them to try what if scenarios and to remodel their plan
appropriately. Qualified individuals can use MyMaxä to defer well in
excess of the defined contribution plan limits and, in some situations,
up to 100% of their income.
For more information, call CCA Small Business Group at 312-544-0150 or visit www.mymaxplan.com.
Triad Advisors Offering ETFs
Triad Advisors Inc., a full-service, independent broker-dealer,
registered investment advisor and insurance agency, has signed an
agreement to provide its advisors with a separate accounts platform
featuring exchange traded funds with conservative, moderate and growth
characteristics. The agreement with PMFM Inc., a registered investment
advisory firm based in Athens, Ga., provides an addition to
Atlanta-based Triad‚s fee-based product line.
Please visit, www.pmfm.com or www.triad-advisor.com for more information.
AIP Unveils Tax-Sensitive Strategy
Advanced Investment Partners, a leader in developing advanced
computer-based quantitative investment strategies for institutional
investors, has unveiled a new investment offering that gives special
consideration to the tax situation of each individual client‚s
portfolio and marginal tax rate. The TaxManaged AllCap strategy,
benchmarked to the Russell 3000 Index, seeks to produce total rates of
return in excess of the index in a tax-efficient manner. It eliminates
market cap/style-based rebalancing costs, offers opportunistic, active
stock selection and utilizes AIP's advanced quantitative
investment methods to assess the expected returns and the risk and tax
consequences of trading. AIP, based in Clearwater, Fla., is a partner
in the State Street Global Alliance. Visit www.ssga.com for further
information.
Financial Profiles Launches Profiles+ Professional v7.5
A new version of Profiles+ Professional offering advanced estate
planning and data integration has been released by Financial Profiles,
the Carlsbad, Calif.-based provider of financial advice solutions.
Profiles+ Professional v7.5 enables financial service providers to
calculate multifaceted estate modeling scenarios. The new version
offers reports that illustrate difficult estate-planning concepts in an
easy-to-understand fashion by using feature rich, graphical
illustrations and summary auditing data, which helps advisors engage
their customers and easily present recommendations. For more
information please visit www.profiles.com.
PowerShares Launches China ETF
PowerShares Capital Management LLC in December launched the PowerShares
Golden Dragon Halter USX China Portfolio, an exchange-traded fund based
on the Halter USX China Index. For more information visit
www.PowerShares.com.
2004 Product Of The Year Winners
Virtual Office News based in Miramar, Fla., has named enKoo Security
Appliance and the Xerox DocuMate 252 scanner as co-winners of its 2004
Product of the Year award. Virtual Office News covers issues relating
to practice management and technology needs of financial service
professionals. For more information, visit www.virtualofficenews.com,
www.enkoo.com or www.xeroxscanners.com.
ADVISOR EMPORIUM
January 1, 2005
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