AnnuityNetAdvisor.com Boasts New Group Trading Feature; Financial Advisors Can Now Execute Group Transactions With Online System.Business Editors/Hi-Tech Writers LEESBURG, Va.--(BUSINESS WIRE)--Nov. 3, 2000 AnnuityNet, Inc. has added a new group trading feature to its electronic annuity management system, AnnuityNetAdvisor.com. With a single-order entry, registered investment advisors Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in (RIAs) can execute transactions for a group consisting of any number of clients. This option gives RIAs the opportunity to manage more accounts in less time. "Financial advisors have been waiting for the group trading capability to further expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. the annuity management process, and AnnuityNet is the first and only company to deliver it," said Steve Dunlap, vice president of AnnuityNet, Inc. "We're reinventing the variable annuity Variable Annuity An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio. supply chain. Simply said, AnnuityNetAdvisor.com makes the management of annuities more convenient." AnnuityNetAdvisor.com uses cutting-edge Internet technology to provide an exhaustive set of management features that are unmatched by any other online annuity site. By managing annuity portfolios with the system, RIAs can initiate transactions and handle everything from rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting to fund transfers. AnnuityNetAdvisor.com also gives them multiple ways to analyze and track accounts, enabling advisors to execute financial plans for their clients quickly and easily. AnnuityNetAdvisor.com offers the first fully functional system enabling RIAs to streamline their approach by offering annuities as an investment opportunity to their clients. The site provides access to a variety of high-quality, low cost annuities, which RIAs' clients can buy entirely online, eliminating the paperwork and lag time usually involved in annuity purchases. AnnuityNetAdvisor's products - many of which have no surrender charges Surrender Charge A fee levied on a life insurance policyholder upon cancellation of his or her life insurance policy. The fee is used to cover the costs of keeping the insurance policy on the insurance provider's books. - include the eAnnuity(SM) issued by Lincoln National Life Insurance Company, the PFL 1. (language) PFL - A concurrent extension of ML by Holmstrom and Matthews, using CCS. ["PFL: A Functional Language for Parallel Programming", S. Holmstrom in Proc Declarative Language Workshop, London 1983]. 2. Life WEB Annuity, the GE Savvy Investor(SM) Variable Annuity from GE Life and Annuity Assurance Company, as well as the Rydex Variable Annuity and the Stein Roe Annuity issued by Keyport Life Insurance Company. Based in Leesburg, Virginia Leesburg is a historic town and is the county seat of Loudoun County, Virginia, United States of America. Located approximately 40 miles west-northwest of Washington, D.C. and founded in 1997, AnnuityNet is the first and only company to help make annuities easier to buy and understand by harnessing the power of e-commerce to cut costs and giving advisors and individual investors more control over retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. . Access to annuities from leading product providers and comprehensive education information is available through the AnnuityNet platform at AnnuityNet.com and AnnuityNetAdvisor.com, as well as through partnerships with organizations such as BankOne, the Gay Financial Network, OnMoney and TD Waterhouse TD Waterhouse is the brand used for both British and Canadian brokerages within the TD Bank Financial Group. The brand originated as a United States brand for discount brokerage when TD purchased Waterhouse Securities. . Securities offered through AnnuityNet Insurance Agency, Inc., a broker-dealer. Insurance product disclosures provided at AnnuityNetAdvisor.com. For a variable annuity prospectus containing more complete information including charges and expenses, visit the AnnuityNet.com website. Read the prospectus carefully before you invest or send money. |
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