Account Types

MANAGED ACCOUNTS

Individual, Joint, TOD
 

Managed accounts do not receive commissions for selling investment products. Instead, managed accounts are fee-based investment vehicles, meaning AAM's interests are always aligned with the client's. The primary appeal for managed accounts is access to professional money managers, high degree of customization, and greater tax efficiencies. Managed accounts are available for institutions and individual clients of Atticus Asset Management.

 

COLLEGE SAVING ACCOUNTS

529 Plans
 

A 529 Plan is an education savings plan primarily operated by a state. It is designed to assist families in saving and investing for future college expenditures. Fund from 529 accounts can be used to pay for qualified educational expenses for colleges nationwide. A students choice of school is not affected by which state sponsors your 529 account. 529 account typically offer state income tax savings and are sheltered from federal and state taxation while the account grows. 

INDIVIDUAL RETIREMENT ACCOUNTS

401k Rollover, Tradition, Roth, SEP
 

An Individual Retirement Account (IRA) is a investment account specifically designed to help individual save for retirement. IRAs offer many tax advantages, including income deductions on contributions for Traditional IRAs and tax sheltered growth for all account types

 

CUSTODIAL ACCOUNTS

Uniform Gift to Minors Act

Uniform Transfer to Minors Act

 

Custodial accounts are the most common trusts for minors. These accounts allow minors to legally own securities without requiring the services of an attorney to prepare trust documents or a court appointed trustee. UGMAs can be beneficial in tax and estate planning as the parent gives up all possession and control of the of the asserts, removing it from the parents estate. AAM will work with your accountant to establish and efficiently funds UTMA and UGMA accounts free of charge.  

 

EMPLOYER-SPONSORED RETIREMENT PLANS

401k, Roth 401k, SEP, 403b, Pension Plans, Profit Sharing

 

Employer-sponsored retirement plans are beneficial to both employees and employers. These benefits include payroll deduction, tax breaks and sometimes employer matching or profit sharing. Employer-sponsored plans are also important benefits for employers to retain valuable employees while offering those employees a relatively low cost way to save for retirement.

 

GROUP BENEFITS

Group Life, and AD&D, Disability
 

Group benefits, such as life, accidental death and disability, and long/short-term disability are often coupled with employer-sponsored retirement plans to complete an employers benefit package. This is specifically important when trying to retain talented employees. 

 

 
INVESTING ISN’T ABOUT BEATING OTHERS AT THEIR GAME. IT’S ABOUT CONTROLLING YOURSELF AT YOUR OWN GAME.
— BENJAMIN GRAHAM, THE INTELLIGENT INVESTOR