Variable annuities (VA) are not for everyone but when they are appropriate Vanguard Financial suggests one that cannot be beat. We offer flat fee variable annuities, in English, it's a truly no-load VA. These annuities truly are a landmark in the evolution of variable annuities and Vanguard Financials clients and partners deserve to hear about them.
We often suggest one of the few VA's with enough asset classes, and great-performing subaccounts that's needed to get good investment performance. This is the only way to avoid the devastating double-whammy of variable annuities: high cost and poor investment performance. Only this VA can solve both of these main problems at the same time. It's the only VA that has 0% M&E expense, 0% administrative charges, 0% distribution charges, 0% for insurance expenses, and best of all there is no CDSC (surrender charges) meaning you can take your money out whenever you want. So all you money is always working for you. It only charges $2o per month regardless of how much money you have in it, not bad considering the average VA has internal cost of 1.35%.
This allows our client assets to take full adantage of VA's without being eroded by high fee's. Result: our clients may accumulate more wealth to help retire faster.
This VA has a megastore of over 250+ investment options from over 20+ money managers. That's more than 5X the typical VA on the market. This also results in having access to more asset classes and subaccounts that have good performance- both because of the choices and this VA does a great job of selecting investment options for its VA's. This enables us to managed our clients money according to their investment sytle. We also managed your assets by screening the investments once a month and rebalancing.
If you already own an annuity there are a few variable to consider before you change. For example, CDSC that may be left on your current annuity and the value of your living benefits if you have any. If it makes sense to change then you can do a 1035 tax-free exchange out of your old annuity into a high-tech, no load annuity. It's a variable product that will suit your needs better, will obtain better investment performance, with NO front or back end loads or commissions!
Why you've never heard of this before should be obvious, your advisor/broker is not getting rich selling them.
Contact us to learn more or to see if Variable Annuities are appropriate for your unique situation.