August 24, 2012
--- LiveWell Models, a series of
risk-based asset class model portfolios created for the LiveWell
Retirement Series, were introduced by Sammons
Retirement Solutions Inc. ---
The models, powered by Morningstar Associates, are designed to help advisers make informed recommendations on asset
allocation to help clients meet their investment goals. Advisers can create portfolios using the client’s target
asset allocations and their answers to an optional Morningstar Risk Tolerance
Questionnaire.
An online Morningstar
proposal-builder tool gives advisers the flexibility to use a LiveWell Model or
to select a LiveWell Asset Class Model as a framework to choose the funds
themselves. The tool allows advisers to add a hypothetical comparison portfolio
to help evaluate the asset allocation, investment style, top holdings and
historical performance. The end result is a set of illustrations at the
asset-class or investment option level that advisers can use for clients or
prospective clients.
Advisers need a range of options
to offer clients for investing rollover money from 401(k) and other investment
vehicles. The challenge with too many options may be the difficulty in
allocating the investment dollars, according to William Lowe, president of
Sammons Retirement Solutions Inc. “To address the growing demand for allocation
assistance, we have responded to financial professionals’ requests for
something beyond traditional asset class allocation strategies,” Lowe said. “The
LiveWell Mutual Fund IRA offers fund-specific models, and the LiveWell Variable
Annuity provides a similar model at the investment option level.”
The models comprise portfolios
that provide exposure to a broad spectrum of asset classes. Each model takes
into consideration a client’s time horizon, investment goals, and risk
tolerance across different investment categories such as conservative, moderate,
moderate growth, growth, and aggressive growth. Investment options come from brand-name
money managers as well as boutique managers.
Sammons Retirement Solutions Inc.develops and
distributes products focused on IRA rollovers and other retirement assets. More
information is available here.
Jill Cornfield