Fee Based Accounts

A fee based account is a type of investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions.

Exchange Traded Funds

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors. Because it trades like a stock, an ETF does not have its net asset value (NAV) calculated once at the end of every day like a mutual fund does.

Mutual Funds

Mutual funds are a type of investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to maximize capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.



An annuity is a financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash-flow for an individual during their retirement years.  Annuities can be structured to provide fixed periodic payments to the annuitant or variable payments. The different ways in which annuities can be structured provide individuals seeking annuities the flexibility to construct an annuity contract that we feel will best meet their needs.


College Planning

529 plans, named for the Congress enacted Section 529 of the Internal Revenue Code, were designed to help families prepare for college expenses. This is a tax-deferred program as long as the funds and earnings are used for college and higher education costs.  For more in depth detail regarding these plans, please contact our office directly.