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 http://www.thornburg.com.
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 http://www.wasatchfunds.com.
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.
ADVISOR EMPORIUM
March 1, 2007
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