A new partnership
announced by Asset-Map and Redtail Technologies aims at combining the firms’ customer
relationship management (CRM) capabilities.
Moving forward, subscribers
of both the Asset-Map platform and Redtail CRM will be able to send information
directly from Redtail to Asset-Map to quickly create reports for clients and
prospects. Advisers can then use the reports, which display all the relevant
facts that are part of a household’s financial decisions, as a focus for the
client profiling and engagement process, the firms explain.
“For most advisers, certainly for our users, CRM is the
technology hub of their practice,” suggests Redtail CEO Brian McLaughlin. “The
ability to draw clients’ details directly into a visual financial story results
in a more immediate personal connection, especially with Millennial and Gen X
clients. It creates an opportunity for advisers to deepen client relationships,
leading to better client service and greater value for both client and adviser.”
The firm says these products will aim to provide retirement savers
with a known source of income through a competitive cost option with a broad
selection of investment choices, and no surrender charges. The new solutions are
available through Lincoln’s core commission-based solutions – Lincoln ChoicePlus Assurance,
American Legacy and Lincoln Investor
Advantage.
“These solutions provide advisers with more fee-based
options to create a known source of income for their clients that they can
never outlive and that can never go down,” explains John Kennedy, senior vice
president and head of Retirement Solutions Distribution for Lincoln Financial
Distributors. Until now, there have been limited choices for fee-based
guaranteed income products. Our expanded portfolio is built to match the way
advisers do business and how they construct portfolios for their clients. Guaranteed
lifetime income solutions are important for helping consumers achieve their
retirement objectives, and we are committed to offering fee-based solutions
that deliver known sources of income.”
Variable annuities are designed for retirement and
offer lifetime income, tax-deferred growth and death benefit protection for
loved ones.
Nuveen’s Dynamic Allocation 60/40 Unit Investment
Trust Portfolio will seek to provide regular monthly income and capital
appreciation by investing in a specially designed portfolio comprised of 60% dividend-paying
stocks and 40% fixed-income exchange-traded funds (ETF).
Nuveen says
its portfolio consultant team will focus on diversifying across low-correlated
asset classes to better endure market volatility and smooth out returns, while
still capturing much of the return of an all-stock portfolio.
More
information about the Nuveen Dynamic Allocation 60/40 Portfolio is available by
clicking here.
NEXT: Wilshire Associates
Releases ESG-Weighted Index
Wilshire Associates
Releases ESG-Weighted Index
Wilshire Associates has launched the OWLshares ESG-Weighted U.S. Large Cap Index. Created and owned
by New Millennium Macro and calculated by Wilshire, the index is designed to
provide a large U.S. market capitalization benchmark for environmental, social,
and governance (ESG) investing.
It leverages
proprietary OWL ESG scores to weight the performance of a group of
approximately 500 U.S. large market capitalization companies, diversified by
sector. The proprietary methodology over-weights companies with higher OWL ESG
scores and underweights those with lower scores.
“Wilshire
Analytics is proud to help bring to market yet another Powered by Wilshire
index offering, this time from best-of-breed ESG analytics provider, OWLshares,”
says Robert J. Waid, managing director at Wilshire Associates. “Wilshire’s
calculation and analytical expertise combined with OWLshares’ growing suite of
innovative, proprietary systematic indexes demonstrates the value of a Powered
by Wilshire approach which can help fuel new client-driven investment benchmark
strategy ideas and bring them to market quickly.”
NEXT: Voya Rolls Out Index Annuity
Voya Rolls Out New Index Annuity
The Voya Journey
Index Annuity will take a two-stage, interest-crediting approach to offer
growth potential and protect against market declines, the firm says. It
features dynamic indices from J.P. Morgan and Citigroup—J.P. Morgan Meridian
Index and Citi Dynamic Asset Selector 5 Excess Return Index—allowing
individuals to use multiple crediting strategies to match their long-term
financial goals.
In the first
stage, the account value can earn an annual "performance" credit when
the selected index stays above the initial level during the first six years. In
it's the second stage, an individual can potentially earn more interest credit.
At the end of the seventh year, 100% of the selected index gains over that
seven-year period are credited to the original premium.
"Americans
are looking for new ways to grow and protect their retirement savings in
today's uncertain world," says Carolyn Johnson,
CEO of Annuities and Individual Life at Voya Financial. "The Voya Journey
Index Annuity gives individuals the ability to plan with confidence. They can
enjoy the benefits of increasing their future retirement income and rest easy
knowing that their hard-earned savings are protected from unpredictable market
swings."
She adds, "In
today's low interest rate environment, the Voya Journey Index Annuity is a good
alternative to taxable bank certificates or the volatility of bond mutual
funds. Individuals have the opportunity to potentially earn better returns and
still have protection from market volatility."
This new fixed
index annuity is issued by the Voya Insurance and Annuity Company, a member of
the Voya Financial family of companies.
For more
information about the OWLshares ESG-Weighted U.S. Large Cap Index, visit OwlShares.com.