Jefferson National, now operating as Nationwide's advisory solutions business, adds Six New Funds to Industry's Largest Lineup to Help RIAs and Fee-Based Advisors Maximize Tax-Advantage Investing
Louisville, KY— May 2, 2017— Jefferson National, now operating as Nationwide’s advisory solutions business, adds six new funds to Monument Advisor, the industry’s first[i] and only Flat-Fee[ii] Investment-Only Variable Annuity (IOVA). A leading distributor of tax-advantaged investing solutions for Registered Investment Advisors (RIAs), fee-based advisors and the clients they serve, the company continues to offer the industry’s largest lineup of investment options,[iii] including the most alternatives such as real assets, trading assets, and liquid alternatives[iv] utilizing strategies like those favored by hedge funds and elite institutional investors.
“Research shows that taxes are a top concern for clients, and tax reform is top of mind. But with outcomes in Washington uncertain, and more turbulent markets expected, advisors should continue to focus on controlling what they can—taking a holistic approach to planning, keeping costs low, and investing for greater tax-efficiency,” said Laurence Greenberg, leader of Nationwide’s advisory solutions business. “With greater transparency, Flat-Fee pricing and the industry’s largest lineup of underlying funds, Monument Advisor is an Investment-Only VA that is tailor-made to help meet the tax-advantaged investing needs of RIAs, fee-based advisors and the clients they serve.”
One immediate benefit to Jefferson National operating as Nationwide’s advisory solutions business is it now offers a fund from award-winning MainStay Investments as of May 1, 2017. 5-Star Rated by Morningstar, MainStay VP Convertible is one of the only convertible-specific strategies in the VIT universe. In addition, the company now offers five new funds which are subadvised by recognized managers. This includes three new additions subadvised by Dimensional Fund Advisors: NVIT DFA Capital Appreciation, NVIT DFA Moderate, and NVIT Multi Manager International Value, which is subadvised by both DFA and JPMorgan. NVIT Multi Manager Mid Cap Value, 5-Star Rated by Morningstar in its category, is subadvised by American Century, Thompson, Siegel & Walmsley, and WEDGE Capital Management. Neuberger Berman NVIT Socially Responsible is now offered in a new share class with a lower expense ratio to further benefit advisors and their clients.
[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
[ii] Jefferson National’s 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.
[iii] Morningstar Data as of 12/31/16.
[iv] Morningstar Data as of 12/31/16.