Penn Treaty Launches LTC Program
Penn Treaty American Corp. (NYSE: PTA) has introduced a platform called PersonaLTC that is specifically designed to help financial advisors deliver long-term-care insurance (LTC) to their clients.
PersonaLTC is a new approach that the firm says takes the complexity out of LTC for both the financial advisor and their clients. The program‚s highlights include:
• A new simplified application process called EZ LTC App. Penn Treaty says EZ LTC App reduces what used to take up to an hour for an advisor to complete to only a few minutes through a simplified online questionnaire.
• Customized wealth preservation LTC solutions through Penn Treaty and its broad underwriting breadth, which reduces declines and provides coverage of more cases than any other carrier.
• A national co-sales LTC sales specialist support network to ensure financial advisors the best service and support in answering their clients‚ LTC needs. Dedicated sales experts will be assigned to individual financial advisors.
"PersonaLTC answers financial advisors‚ growing need to offer customized long-term care insurance solutions to their clients, thereby helping preserve their assets. It offers the easiest way to apply for LTC for both financial advisors and their clients," says William W. Hunt Jr., president and chief executive officer of Penn Treaty American Corp.

Thornburg International Growth Fund Introduced
Thornburg Investment Management of Sante Fe, N.M., has introduced Thornburg International Growth Fund, which seeks long-term growth of capital by investing primarily in equity securities from issuers around the world selected for their growth potential.
Under normal market conditions, it will invest at least 75% of its assets in foreign securities or depository receipts of foreign securities. For a prospectus and other information call 1-800-847-0200, or log on to

Wasatch Ultra Growth Fund Reopens
Wasatch Advisors Inc. has reopened the Wasatch Ultra Growth Fund to all investors for the first time since December 2002.
"We are comfortable that the Ultra Growth Fund is currently in a position to take on a limited amount of additional assets without impacting our investment objectives for the Fund," says Wasatch Advisors Chairman Sam Stewart. For more information log on to

ESI, FundQuest Offer UMA Product
Equity Services Inc. (ESI), a Vermont-based broker-dealer, registered investment advisor and affiliate of National Life Group, has added a Unified Managed Account branded "Voyager" to its Illuminations platform. ESI offers this addition through an ongoing partnership with FundQuest Inc., a provider of turnkey asset management platforms.

BNY Introduces Reverse Mortgage
BNY Mortgage Company (BNYMC) has introduced HECM 100, a federally insured home equity conversion mortgage loan offering lower interest rates than a traditional HECM, saving borrowers costs while giving them immediate access to more cash.
The HECM 100 is now available directly from BNYMC throughout Connecticut, Delaware, Florida, Georgia, Maine, Massachusetts, New Jersey, New York, Pennsylvania and Rhode Island, and from select BNYMC wholesale partners throughout the United States.

Oppenheimer Launches UMA Program
Oppenheimer Asset Management Inc. has launched a unified managed account (UMA) offering portfolios consisting of premier investment managers and ETFs for a broad spectrum of investor needs and risk levels.
The UMAs have minimums ranging from $50,000 to $500,000, and include focused equity as well as fully diversified asset allocation offerings. They are offered with Oppenheimer affiliates Oppenheimer Holdings Inc. and Oppenheimer & Co. Inc., and Placemark Investments Inc.