If your clients are increasingly worried about the fiscal cliff and its possible fallout, Jefferson National has an answer–alternative investments.
While so-called alternative investment products have received increased attention as a portfolio diversification tool in the wake of the financial crisis in 2008, the Louisville, Ky.-based company announced Thursday that it has expanded its selection of alternative investment options to help overcome “the growing anxiety over the threat of rising taxes.”
Jefferson’s fee-only variable annuity, which is geared to the RIA channel, will now offer the Country Rotation Portfolio and Sector Rotation Portfolio from Innealta Capital as a sub-account option. Innealta is a quantitative asset management firm specializing in the active management of ETF portfolios, and joins AllianceBernstein, Lazard, PIMCO, Mariner Hyman Beck Portfolio and the Vice Fund on the Jefferson platform. With these additions, Jefferson now offers 70 liquid alternatives, including many strategies favored by hedge funds and institutional investors.
“We continue adding more alternative strategies to help advisors manage volatility while improving tax-efficiency,” Laurence Greenberg, president of Jefferson National, said in a statement. “As the threat of the fiscal cliff looms large and taxes are poised to rise, these needs become even more urgent.”