Financial Products

Insurance and Annuities

Because insurance protects you from the unexpected, it plays a crucial role in your comprehensive financial plan. Morris Nutt Financial provides a wide variety of quality insurance alternatives that can offer an important layer of safety for you, your family and your business.

Build a protective cushion with life insurance.

Preserve your estate with long-term care insurance.

Combine protection with tax-advantaged growth opportunities with annuities.

Fixed Income

Types of Tax-Free Bonds

Municipal Bonds

Also known as “munis,” municipal bonds are debt obligations issued by state and local governments in addition to other governmental entities to fund the building of highways, hospitals, schools and sewer systems, along with many other projects for the public good.

Munis are attractive to investors in high tax brackets because, in most cases, the interest income is excluded from federal income tax calculations. If an investor owns municipal bonds issued within their state of residence, interest income may also be excluded from state and local taxes. A limited number of municipal issues are considered an item of tax preference for calculating the federal alternative minimum tax (AMT) imposed on individuals and corporations.

Taxable municipal bonds are an entirely separate market within the municipal sector where interest income is included in federal income tax calculations. However, these issues still offer a state – and often local – tax exemption to investors residing within the state of issuance.

Taxable municipal bonds exist because the federal government will not subsidize the financing of certain activities which do not provide a significant benefit to the public at large. Investor-led housing projects, local sports facilities, refunding of a refunded issue and borrowing to replenish a municipality’s under-funded pension plan are just four types of bond issues that are federally taxable. Yield on taxable munis are typically comparable to those of other taxable issues, such as agencies and corporate bonds.

Investments in municipal securities may not be appropriate for all investors, particularly those who do not stand to benefit from the tax status of the investment.

Alternative Investments

Providing Increased Portfolio Diversification for Affluent Investors

“Exposure to investments that are not directly correlated to the equity indexes is a sound strategy for increasing portfolio diversification. Alternative investments may offer certain qualified investors that increased diversification.”

– Jeffrey D. Saut, Raymond James Chief Investment Strategist

Alternative Investments and Your Portfolio

Diversification – it’s the golden rule of investing. And appropriately allocating assets to account for personal objectives, risk tolerance and time horizon is a critical part of a thorough financial plan. For most, a mix of traditional investments – such as stocks and bonds – is a suitable approach. However, more affluent investors should also consider additional strategies to further broaden their portfolios.

While, as with all investments, past performance is not a guarantee of future results, the selective addition of alternative investments that have historically demonstrated lower correlation to traditional market indices may:

• Reduce overall portfolio volatility through diversification and
• Increase long-term portfolio performance through a variety of market conditions.

Examples of some of the investment opportunities in this class include:

• Hedge funds,
• Funds of funds,
• Managed futures,
• Private equity and venture capital, and
• Real estate.

Individual Retirement Accounts

IRA accounts to meet your retirement saving needs

In planning for retirement, the IRA offers one of the few ways to invest – often with pre-tax dollars – so that any growth in the account is tax free until withdrawn. Through Raymond James Self-Directed IRA, our clients enjoy the convenience of investing in stocks, bonds, mutual funds, certificates of deposit (CDs) and other alternatives, and having those investments reported on one statement.

Planning Your Future

Your retirement years can be among life’s most rewarding. But enjoying them to their fullest requires proper planning well in advance. Selecting appropriate savings alternatives is key to helping you accomplish your goals and ensuring the security you’ve worked for provides the retirement you’ve always envisioned.

You have the following investments to choose from within our self directed IRA: