LOUISVILLE, Ky., Sept. 16, 2013 /PRNewswire/ -- Jefferson National, a recognized innovator of tax-advantaged investing solutions for Registered Investment Advisors (RIAs), fee-based advisors and the clients they serve, continues to outpace the competition by offering the variable annuity industry's most subaccounts with the 5-star and 4-star Morningstar Rating' for a fifth consecutive year.
Jefferson National's Monument Advisor, the next-generation variable annuity with a flat fee1 and the largest selection of nearly 400 underlying funds, now includes 119 subaccounts with the 5-star Morningstar Rating and 80 subaccounts with the 4-star Morningstar Rating, for a combined total of 199-more than 10 times the industry average. The typical VA offers only 4 subaccounts with the 5-star Morningstar Rating and only 13 subaccounts with the 4-star Morningstar Rating, for a total of 17.2
With its unique approach to re-engineering variable annuities, Jefferson National continues to lead the industry in providing RIAs and fee-based advisors with a tax-advantaged investing solution to meet a variety of portfolio needs. Jefferson National helps advisors build more durable portfolios with a highly flexible technology platform, the industry's largest and highest-ranked selection of funds, and a choice of unique models portfolios optimized for tax-efficiency. During the accumulation period, transfers between funds are unlimited3 offering the flexibility to rebalance or trade, tax-free.
"With nearly 400 funds, including the most subaccounts with the 5-star and 4-star Morningstar Rating, Jefferson National can help RIAs and fee-based advisors truly maximize the power of tax-deferral and optimize the tax-efficiency of their clients' portfolios," said Laurence Greenberg, President of Jefferson National. "In a challenging market of ongoing volatility and rising taxes, thousands of advisors trust Jefferson National's unique combination of low cost, more choice and top quality to manage risk, hedge against volatility and potentially improve after-tax returns for their clients."
Jefferson National's Monument Advisor offers the industry's largest selection of underlying funds from recognized market leaders such as PIMCO, Invesco, Janus and Putnam, ultra low-cost funds from Vanguard and Dimensional Fund Advisors, and funds designed for dynamic trading from ProFunds and Rydex. Jefferson National also features a broad selection from innovative managers such as Innealta, Virtus and Probabilities Fund, including more than 75 liquid alternative funds that employ strategies like those favored by hedge funds and elite institutional investors. Jefferson National's suite of model portfolios includes institutional-caliber portfolios from CAPTRUST and Envestnet | PMC, and unique tactical portfolios from industry leaders Braver Capital Management and CMG Capital Management Group.4
About Jefferson National Financial Corp.
Jefferson National is a recognized innovator of tax-advantaged investing solutions for RIAs, fee-based advisors and the clients they serve. Jefferson National's flat-fee VA offers the industry's largest selection of nearly 400 funds, including more than 75 alternative investment options, and the most subaccounts with the 5- and 4-star Morningstar Rating' for five consecutive years.2 Utilizing a highly flexible technology platform, an innovative distribution strategy, and cost-effective servicing capabilities, the firm is a winner of more than 30 industry awards including the DMA 2010 Financial Services Company of the Year.5 Serving a network of 2,000 RIAs and fee-based advisors nationwide, the Company is based in Louisville, Ky., with authority in 49 states and the District of Columbia. To reach our advisor support desk, please call 1-866-WHY-FLAT (1-866-949-3528). To learn more, please visit www.jeffnat.com.
Important Disclosures:
An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. The contract prospectus and underlying fund prospectuses contain this information. For a prospectus 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 investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.
Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10% IRS tax penalty. Jefferson National does not offer tax advice. Annuities are not deposits or obligations of, or guaranteed by any bank, nor are they FDIC insured.
Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2, JNL-2300-3.
The Morningstar Rating, commonly called the star rating, is a measure of a fund's risk-adjusted return, relative to similar funds. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving one star. © 2013 Morningstar, Inc. All Rights Reserved. Past performance is no guarantee of future results.
© 2013 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
1Jefferson National's Monument Advisor has a $20 monthly flat insurance fee. Additional fees ranging from $19.99-$49.99 will be assessed for investors wishing to purchase shares of ultra low-cost funds. See the prospectus for details.
2Morningstar data as of 08/15/13.
3See prospectus for hold times and other details on transfers.
4Additional fees apply. Models fees range from 45bps - 150bps annually. See prospectus for details.
5Jefferson National was reviewed by the Direct Marketing Association, including a panel of independent judges and industry peers, and won for re-engineering the traditional commission-based distribution model and replacing it with an unprecedented web-based direct marketing approach.
CONTACT:
Melanie Blanco
JCPR
973-850-7337
mblanco@jcprinc.com
Deborah Newman
Jefferson National
502-587-3858
dnewman@jeffnat.com
SOURCE Jefferson National Financial Corp.
