BOCA RATON, Fla. and CHICAGO, April 25, 2012 /PRNewswire/ -- Incapital, a leading underwriter and distributor of income-producing and market-linked securities, recently announced plans to begin distributing tax-deferred annuities from well-established insurance companies to the firm's national distribution network of more than 700 broker-dealers, institutions, banks and asset managers.
"Annuities complement Incapital's broad product array by providing advisors a powerful, tax-deferred solution to help their clients reach their long-term financial goals," said Incapital Chief Executive Officer John Radtke. "Incapital's move into annuities exemplifies our commitment to provide the advisor community with exceptional customer service and competitive products, backed by a leading technology platform and award-winning educational resources."
Incapital's annuities team is led by Patrick Clifford, who joined Incapital in 2011 after serving in senior leadership positions at Sun Life Financial Distributors and John Hancock Financial Services.
"Advisors can expect Incapital to introduce unique annuity solutions from multiple well-established insurance companies that are not available from existing providers," Clifford said. "While the appetite to continue issuing annuities has diminished by some carriers, the demand for what annuities can do for advisors and their clients is only increasing in this period of uncertain markets and interest rates. Incapital is well-positioned to meet this increasing demand."
Earlier this month, Incapital introduced Unit Trusts in an effort to provide individual investors with a convenient, transparent and cost-effective way to own a professionally-selected and diversified fixed portfolio of securities.
The full range of product offerings from Incapital also includes Corporate Notes, U.S. Agency Securities, Structured Investments, Certificates of Deposit, Mortgage-Backed Securities, and Municipal Bonds.
More information on Incapital annuities is available at www.incapital.com/annuities.
Incapital LLC is a securities and investment banking firm with offices in Chicago and Boca Raton, Florida. Incapital underwrites and distributes fixed income securities, structured notes, annuities and unit trusts through more than 700 broker-dealers, institutions, advisors and wealth managers. With a diverse range of new issue and secondary market offerings, Incapital specializes in U.S. Agency securities, corporate notes, CDs, mortgage-backed securities, municipal bonds, and market-linked notes.
More information about Incapital is available at www.incapital.com.
Incapital, 200 South Wacker Dr. Chicago, IL 60606. Phone: 312-379-3700. Securities offered through, and UITs sponsored by, Incapital LLC, Member FINRA/SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA/SIPC.
SOURCE Incapital LLC