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Substantial New Capital Accelerates Growth of Leading Provider to
The executive team behind the management buyout was led by
As part of the
Caplan continued, “Starting in 2005, Jefferson National completely re-engineered the way variable annuities are bought and sold with a singular focus on serving fee-based advisors. Transforming the product with a proprietary technology platform, and rebuilding the distribution from the traditional wholesaler-driven model to a unique direct-marketing model, we have been able to dramatically reduce costs, create greater consumer value and become the leading variable annuity provider to the fee-based channel.”
Caplan, former CEO of E*Trade Financial, joined Jefferson National in 2010, reuniting with a leadership team that shares a history of working together to build innovative financial service companies, such as Telebank, the nation’s first direct bank, and E*Trade, a leading financial services firm. The team includes
“Key executives at Jefferson National are part of the same team that built Telebank into the nation’s largest direct bank, and then continued expanding the business after its 2000 sale to E*Trade in a
“We are extremely pleased and excited to be part of this transaction and to back the management team at Jefferson National with the resources of
With a national network of more than 1,500 RIAs and fee-based advisors, Jefferson National is a leading distributor to the fee-based channel. In 2005, Jefferson National launched Monument Advisor, the first flat-insurance fee variable annuity2 with the industry’s largest selection of more than 350 funds3. An unprecedented low-cost tax-deferred investing vehicle designed expressly for RIAs and fee-based advisors, Jefferson National’s flat-insurance fee VA has surpassed
Jefferson National Financial Corp. is a leading innovator offering products and services for RIAs and fee-based advisors and the clients they serve, utilizing a flexible technology platform, highly efficient operations, and cost-effective servicing capabilities. Jefferson National is winner of more than 30 industry awards including the DMA 2010
An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money.The contract prospectus and underlying fund prospectuses contain this information. For a prospectus containing this and additional information, please contact your financial professional.Read it carefully before investing. The summary of product features is not intended to be all-inclusive. Restrictions may apply. The contracts have exclusions and limitations, and may not be available in all states or at all times.
Variable annuities are investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.
Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10%
Monument Advisor is issued by
1Cerulli Quantitative Update: Intermediary Distribution, Cerulli Associate, 2011.
2Jefferson National’s Monument Advisor has a
3Morningstar data as 12/31/11.
4Jefferson National was reviewed by the
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