Overview of Chase Investment Services
Chase Investment Services Corporation (CISC) is a company providing brokerage and investment advisory services. CISC can offer the investor retirement planning, portfolio management, and personal asset management help. Based in New York City, CISC is a subsidiary of Banc One Capital Holdings LLC.
At Chase Investment Services, investors can find a financial advisor to help determine what products are best suited to help them reach their unique financial goals. CISC provides clients with mutual funds, annuities, professionally managed accounts, tax advantage investing, retirement funding, and education funding. The philosophy of Chase Investment Services is that they want to look at the world through the eyes of their potential investors. Their investment products and services are created to enhance the complete financial situation, and Chase brings its clients, quality investment and banking solutions.
Chase Investment Services-Mutual Funds
Mutual funds are managed collective investments in which money is pooled from multiple investors and invested in bonds, stocks, short-term money market instruments, and securities. A mutual fund manager is set up who trades the pooled money on a regular basis. The investors then receive an annual distribution of the net proceeds.
Mutual funds have been around since the Investment Company Act of 1940. They are one of three basic types of investment companies available in the U.S. They can be invested in several different kinds of securities. Most commonly, mutual funds are created from cash instruments like stocks and bonds. Usually mutual funds are part of an investor’s portfolio and are kept under the supervision of a professional manager. They are subjected to a special set of accounting, regulatory, and tax rules.
Chase Investment Services Offers Tax Advantage Investing
Tax advantage investing means Chase Investment Services will help its clients look for those financial products that are either not taxed or have, only a very low rate.
Chase Investment Services- Annuities
Annuity contracts are a way to use life insurance company money on a tax-deferred basis. The annuity contract is created when the investor gives the life insurance company money that can grow on a tax-deferred basis and then be distributed back to the owner in different ways. The big plus for any annuity contract is the option for guaranteed distribution of income, until the death of the investor or someone named in the investor’s contract. While this can sound a bit confusing, most customers can use the annuities to accumulate funds and then take lump-sum withdrawals without using the “guaranteed income-for-life” feature of the product.
A financial advisor can help a potential investor decide on a fixed annuity with some sort of guaranteed rate of return over the life of the contract or variable annuities where money can be invested in an insurance company “separate account” for a tax-deferred investment.
Chase Investment Services- Financial Advice
Getting financial advice from a trusted source can be priceless, and especially helpful during difficult economic times. For investors, having their portfolio in the hands of knowledgeable leadership can bring peace of mind.