CST: 26/08/2016 21:54:02   

Trust Company of America and Jefferson National Team Up to Help RIAs Take Control of Tax-Advantaged Investing

149 Days ago

Full Integration of Low-Cost Tax-Advantaged Investing Solution on a Highly Efficient Trading Platform Supports Sophisticated Portfolio Management

DENVER, CO and LOUISVILLE, KY --(Marketwired - March 30, 2016) - Trust Company of America (TCA) and Jefferson National, two recognized innovators committed to serving Registered Investment Advisors (RIAs) and fee-based advisors, announced the full integration of Jefferson National's leading low-cost, no-load, tax-advantaged investing solution with TCA's robust and flexible model-based portfolio management and trading platform.

Full integration of Jefferson National's Monument Advisor, the industry's first and only flat-fee Investment-Only Variable Annuity (IOVA),(i) with the TCA platform enables more efficient trading as well as other immediate benefits:

  • For the first time, advisors can employ multi-manager/multi-strategy (sleeves) functionality to build and manage multiple customized models within a single IOVA, achieving greater investment diversification and using more sophisticated risk management strategies.
  • Advisors can develop customized asset allocation models linked directly to clients' accounts and make multi-account trades online in a highly efficient manner.
  • Advisors can manage tax-deferred vehicles alongside taxable accounts within a single workstation, leveraging real time data and seamless transaction capabilities to optimize clients' portfolios.
  • Pulling their advisory fees from clients' cash accounts at TCA, instead of taking fees as a distribution from clients' IOVA account, advisors can maximize growth and tax deferral within the IOVA and help save annual 1099 headaches.

"Through the full integration of Jefferson National's tax-advantaged investing solution on the TCA platform, RIAs and fee-based advisors can streamline their portfolio management process," said Joshua Pace, President and CEO of Trust Company of America. "At the same time, our companies are working together to provide innovative digital solutions that help our advisors streamline their workflow and manage their practice more efficiently."

"Jefferson National and Trust Company of America are both committed to serving independent RIAs and fee-based advisors with innovation and excellence," said Mitchell H. Caplan, CEO of Jefferson National. "This full integration not only provides seamless portfolio management and transaction capabilities, but it offers a more holistic approach to financial planning to enable advisors to grow their practice-and help their clients grow more wealth."

"The integration of TCA and Jefferson National provides our firm with unique innovation in technology that allows us to build and run multiple managers in a single tax-advantaged account," said Drew Horter, CEO of Horter Investment Management, a Trust Company of America client. "In a volatile market where every basis point of performance counts, this gives us another solution in our arsenal to beat our competition and deliver more value to our clients."

To find out more about the new integration, visit www.jeffnat.com/tca

About Trust Company of America

Since 1972, Trust Company of America (TCA) has been a champion of Registered Investment Advisors, dedicated to helping them realize their full potential. TCA is the only independent RIA custodian offering fully integrated real-time technology, consultative services and back office support built exclusively for RIAs. TCA partners with advisors to provide them the technology and support they need to manage their practices and clients' financial futures. Learn more at www.trustamerica.com.

About Jefferson National

Jefferson National is a recognized innovator of a leading tax-advantaged investing platform for RIAs, fee-based advisors and the clients they serve. Trusted partner to a network of 3,000 advisors, Jefferson National provides greater efficiency, transparency and choice through an adaptable technology platform, award-winning distribution strategy and cost-effective servicing capabilities. Named the industry "Gold Standard" and winner of more than 45 industry awards, the company serves advisors and their clients nationwide through its subsidiaries Jefferson National Life Insurance Company and Jefferson National Life Insurance Company of New York. To reach our advisor support desk, please call 1-866-WHY-FLAT (1-866-949-3528). Learn more at www.jeffnat.com.

(i) Mogel, Gary S. (2005, June 6), Flat-fee variable annuity makes its debut. Investment News. Retrieved from http://www.investmentnews.com/article/20050606/SUB/506060708

An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus and underlying fund prospectuses containing this and additional information, please contact your financial professional. Read it carefully before investing. The summary of product features is not intended to be all-inclusive. Restrictions may apply. The contracts have exclusions and limitations, and may not be available in all states or at all times.

Variable annuities are subject to market fluctuation and risk. Principal value and investment returns will fluctuate and you may have a gain or loss when money is withdrawn. Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawals of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 1⁄2 may incur a 10% IRS tax penalty.

Monument Advisor has a $20 monthly flat insurance fee. Additional low-cost fund platform fees ranging from .10% - .35% will be assessed for investors wishing to purchase shares of low-cost funds. See the prospectus for details. Certain low-cost funds may only be available to you if you retain certain investment advisors.

Variable Annuities are issued by Jefferson National Life Insurance Company, (Dallas, TX), or Jefferson National Life Insurance Company of New York (New York, NY) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2, JNL-2300-3, JNL-2300-1-NY.

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Miles Hill
Bliss Integrated PR
212-840-1661
miles@blissintegrated.com

Pete Muckley
Trust Company of America
303-705-6458
pmuckley@trustamerica.com