The deal puts GoldK retirement plans in the hands of more than 3,800 registered representatives in 1,800 branch offices across LPL‚s nationwide network. LPL manages more than $40 billion in client assets and operates from dual headquarters in Boston and San Diego. More information on GoldK can be found at its Web site, www.goldk.com.
Money Tree Software
Money Tree Software in Corvallis, Ore., has released updated financial planning software with new reports, features and tax rules. The company also released a conversion utility to import M-Plan data into Money Tree Suite, which includes Easy Money, Golden Years, Retirement Solutions and Money Tools software. Updated software and demos are available at the company‚s Web site, www.moneytree.com.
SunAmerica Annuity
SunAmerica, based in Los Angeles, has introduced a new variable annuity, Polaris Choice. The annuity offers more short-term flexibility because it charges on withdrawals only in the first three years following each purchase payment in the contract. The charges decline annually, from 7% to 6% to 5%. Among other features, the annuity offers access to 15 money managers, 35 variable investment options and three fixed-rate accounts. For a free prospectus, call (800) 445-SUN2.
Centerpiece Upgrade
A new version of the popular portfolio-management software Center-piece has been released by a subsidiary of The Charles Schwab Corp.
Performance Technologies Inc. (PTI) has begun offering Centerpiece 5.5, which provides advanced fixed-income tracking and analytics, as well as tools to ease manual entry of portfolio data. Centerpiece, only available to independent investment advisors working with PTI and Schwab Institutional, combines accounting, client reporting and performance tracking in a networked application. Centerpiece 5.5 upgrades are available on the PTI Web site, www.centerpiece.com, or by calling (800) 528-9595. To download a viewable demo of Centerpiece 5.5, visit www.centerpiece.com/demo.html.