Impact Technologies Launches Retirement Planning System
Impact Technologies Group Inc. has launched
Retirement Road Map, an innovative sales system offering financial
advisors a complete planning solution for the baby boomer marketplace.
The product focuses specifically on retirement
distribution planning by helping advisors develop a sound financial
plan based upon assets and income their clients will have through their
retirement years. The product analyzes a client's needs, income and
assets and assists advisors in determining appropriate policies,
annuities and other planning options.
Retirement Road Map calculates known retirement
incomes including Social Security, pensions and annuities, compares
that to retirement needs, and then calculates the value today necessary
to make up the difference. As a result, there is a single number
to compare with assets or investments. Impact makes complex
calculations easy to understand so clients can make important
decisions. Retirement Road Map shows a strategy for each year of
retirement to assure predictable income while maximizing investments.
Retirement Road Map also includes a brochure to help advisors market their services.
For more information, visit www.impact-tech.com.
Vanguard Standardizes Fund Minimum Requirements
Vanguard is standardizing its minimum initial
investment requirement at $3,000 to establish a general, IRA
(traditional and Roth) or Uniform Gift or Transfer to Minors
(UGMA/UTMA) account in most of its 100-plus mutual funds.
The minimum initial investment threshold for IRAs
and UGMA/UTMAs has increased to $3,000 from $1,000; general accounts
remain at $3,000, and increased to $2,000 from $1,000 to open a
Vanguard Education Savings Account. Vanguard STAR Fund will maintain
its lower $1,000 minimum for all account types.
Life Settlement Tool Introduced
Rumson Capital LP, an independent life settlement
company, has introduced OptimumLife, a life insurance settlement tool
combining software and analysis by in-house medical underwriters and
financial analysts. OptimumLife enables Rumson Capital professionals to
determine the market value of a life insurance policy for both life
settlements and the premium finance industry, the lending of funds to
an insured party.
OptimumLife more accurately determines if a life insurance policy is
initially viable for sale, if a financial institution will make a sale
offer and how reasonable the offer will be. More information can be
obtained by visiting Rumson Capital‚s new Web site, www.rumsoncap.com.
Goldman Sachs Launches Fund
Goldman Sachs Asset Management has introduced the
Goldman Sachs U.S. Equity Dividend and Premium Fund, which will focus
on the growth potential of equities, attractive cash flow potential and
tax efficiency.
The portfolio management team for the fund will
emphasize higher-dividend-paying stocks within each industry and sector
of the S&P 500, while maintaining industry and sector weights
similar to the S&P 500. The team will regularly write call options
against the S&P 500 Index to generate a premium that, when combined
with the portfolio‚s dividend yield, offers a more attractive after-tax
cash flow to investors and may reduce price volatility.
A prospectus may be obtained by calling Goldman, Sachs & Co. at (800) 526-7384.
Three New Funds In Jefferson National‚s Monument Advisor
Rydex Investments and Jefferson National Life
Insurance Company have added three more alternative strategy funds to
Jefferson National‚s Monument Advisor, the only variable annuity to
charge a flat insurance fee of $20 per month.
The new offerings are Rydex Commodities Fund, which
invests in commodities-linked derivatives investments, and Rydex
Strengthening Dollar Fund and Rydex Weakening Dollar Fund, which seek
to match the performance of specific benchmarks on a daily basis.
For more information, contact Rydex at 800.820.0888
or www.rydexinvestments.com, or Jefferson National at 1-866-667-0564 or
www.jeffnat.com.
Firm Launched For RIAs
The founders of TimingCube, an online
trend-following investment method, have launched MarketTrend Advisors
Ltd. (MTA), a separate, SEC-registered money management firm serving
small to mid-size financial firms and RIAs.
MTA offers trend following as a core investment
strategy, utilizing the TimingCube model. Both companies are based in
Austin, Texas. An MTA branch also is located in Boston.
For more information, visit www.markettrendadvisors.com.
ADVISOR EMPORIUM
December 1, 2005
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