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CORRECTIONS.


The following clarifications are for the feature "Seeking An Investment Advisor Investment Advisor

1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission.

2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and
" (November 1998):

Investment advisor Al Peltier says he likes variable universal life insurance The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 for clients Dawn and Scott Jackson Scott Jackson may refer to:
  • a character on the television show Lost (see Characters of Lost)
  • Scott Jackson (hockey), an ice hockey player drafted in the second round of the 2005 NHL Entry Draft by the St.
 because it has an investment component that allows net premiums to be put to work in subaccounts that invest in a corresponding portfolio of stocks, bonds, money market funds or fixed accounts, with a number of tax benefits. Peltier receives a 63% commission on the $200 annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 target amount of the $400 premium policy and a 2% commission on the $200 overfunding of the policy. Peltier receives a percentage of the broker reallowance, which varies based on the amount his client invests.

In addition, Dawn's work with the Navy involved reviewing specs for contracted components relating to naval aviation and missile and guidance systems, not nuclear submarines, ammunition, barracks bar·rack 1  
tr.v. bar·racked, bar·rack·ing, bar·racks
To house (soldiers, for example) in quarters.

n.
1. A building or group of buildings used to house military personnel.
 and uniforms. Scott is a communications engineer for Houston Associates Inc.; he does not work for the Department of Defense. And the Jacksons used a consolidation loan to lower their mortgage by (not to) nearly $800 monthly.
COPYRIGHT 1999 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Black Enterprise
Date:Mar 1, 1999
Words:176
Previous Article:Letters.
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