Published:
EIA Comparison Software From MCP Premium Helps Advisors Sell More, Brokers Comply With New NASD Regs
MCP Premium's comprehensive equity-indexed
annuity software lets financial pros quickly illustrate the benefits of
EIAs over other investments.
Covering virtually every product on the market, the software shows each
EIA's rate of return under different scenarios, including Monte Carlo
simulations. The agent or advisor also can readily do sophisticated
modeling to show how adding an EIA can optimize a client's overall
portfolio.
The easy-to-use software also helps broker-dealers and registered reps
perform due diligence to comply with the National Association of Security
Dealers' recent notice obliging members to tighten EIA sales practices.
"EIAs are a great product, but to sell them you need a clear way to show
prospects both the pros and cons of these complex annuities," said Mitchell
Maynard, MCP's CEO.
Different EIAs can produce very different rates of return. "Choosing the
best one for your client requires objective analysis," he added.
The full version of software runs on a PC with Windows XP or Windows 2000
and costs individual users $995. The Lite version, available on the Web to
individuals for $199, can be used by anyone with Internet access, and a
free trial is available. Special enterprise user licensing is available for
firms.
For more information or to order, see www.mcppremium.com or contact MCP at
sales@mcppremium.com or
877-773-4774 ext. 200.
Distributed by Market Wire
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Daily NewsTags: ,FinancialServices:InvestmentServices and Trading, FinancialServices:PersonalFinance, FinancialServices:RetailBanking, FinancialServices:Insurance, ,CA,ORANGE, CA
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