Brokerage, Investment Management & Insurance
Full Service BrokerageFull Service Brokerage
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Lane Reynolds Investment Executive lane.reynolds@cw-advisors.com Phone: 480.610.4113 |
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Other
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Full Service Brokerage
Financial Planning -
is the process of evaluating the investing and financing options available to a firm. This includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against that plan.
Mutual Funds -
are investment companies that continually offers new shares and stands ready to redeem existing shares from the owners. Because the shares are purchased directly from and are sold directly to the mutual fund, there is no secondary market in these companies’ stock. Individual mutual funds vary substantially in terms of the types of investments, their sales charges and their management fees.
Stocks -
are ownership shares or ownership shared in a corporation. Two types of stocks are:- Listed - a security traded on any of the national or regional securities exchanges. Listed securities are generally more liquid than securities that trade only in the over-the-counter market.
- OTC - over-the-counter market; widespread aggregation of dealers who make markets in many different securities. Unlike an exchange on which trading takes place at one physical location, OTC trading occurs through telephone or computer negotiations between buyers and sellers. Virtually all government and municipal bonds and most corporate bonds are traded in the OTC market
Bonds -
are long-term promissory notes. Bonds vary widely in maturity, security, and type of issuer.
- Corporate-relating to a bond issued by a corporation as opposed to a bond issued by the U.S. Treasury or a municipality.
- Municipal-the debt issue of a city, county, state, or other political entity. Interest paid by most municipal bonds is exempt from federal income taxes and often from state and local taxes as well.
- Mortgage Backed Securities/CMOs - security collateralized with mortgage loans and issued by the Federal Home Loan Mortgage Corporation.
- Government/Agency - all bonds issued by the U.S. Treasury or other agencies of the U.S. government.
Discount Brokerage
On-Line Trading -
We are excited to welcome a new online discount brokerage tool, myWEALTH, to Mesa Bank customers. Create your own myWEALTH account with the help of our Investment Representative, and once activated, you can maintain access to your account around the clock seven days a week from anywhere you have internet access. As a myWEALTH investor you can easily trade in stocks, options and mutual funds. You will also enjoy access to quotes, news information, graphs and research. As a client you can also choose from a variety of accounts, including margin and option accounts for the more sophisticated investor. With equity trades starting at the value price of $19.95 per trade, myWEALTH is the only online brokerage service you'll need. Please speak with our Investment Representative for more information regarding this new service.
To access the myWEALTH login screen CLICK HERE
The discount brokerage tool is offered by PrimeVest Financial Services, Inc. a registered broker/dealer member NASD/SIPC, and not affiliated with Capitol Bancorp Limited or its related companies. Securities products offered by PrimeVest are not FDIC insured, may go down in value, not bank guaranteed, not a deposit and are not insured by any federal government agency.
Cash Management
Sweep Account -
A PrimeSweep account provides you with the capability to automatically transfer a portion of your checking account funds into a money market fund. The funds transferred to a PrimeSweep account have the potential to earn attractive daily dividends. When the balance in your checking account exceeds a predetermined amount (target balance) set by you and a PrimeSweep Representatives the excess money sweeps to a dividend earning money market fund of your choice. Likewise, if the balance in your checking account falls below the target balance, cash sweeps from the money market fund into your checking account. For your convenience, daily sweep transactions and the money market fund balance can be viewed online whenever you like. PrimeSweep offers another added value to opening an account by enabling you to write checks based upon your combined money market fund and checking account target balance. If this sounds like an intriguing option for you or your business, ask a PrimeSweep Representatives at Mesa Bank about applying for PrimeSweep.
PrimeSweep is offered by PrimeVest Financial Services, Inc. a registered broker/dealer member NASD/SIPC, and not affiliated with Capitol Bancorp Limited or its related companies. Securities products offered by PrimeVest are not FDIC insured, may go down in value, not bank guaranteed, not a deposit and are not insured by any federal government agency.
Money Market Funds -
are mutual funds that sell shares of ownership and use the proceeds to purchase short-term, high-quality securities.
Investment Management
Financial Planning -
is the process of evaluating the investing and financing options available to a firm. It includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against that plan.
Fee Based Advisory Programs -
provide a consultative process that includes setting specific objectives, developing a personal investment policy, selecting money managers and ongoing professional management.
Discretionary Accounts -
Brokerage account in which the customer permits the broker to act on the customer’s behalf in buying and selling securities.
Tax Efficient Investing -
carries less of a tax consequence than other similar investments.
Active Portfolio Management -
is management of an investment portfolio that involves actively trading securities in an attempt to produce above-average returns on a risk-adjusted basis.
Passive Portfolio Management -
is a method of managing an investment portfolio that seeks to select properly diversified securities that will remain relatively unchanged over long periods of time.
Wrap Accounts -
entrust all of the account's assets to a professional money manager. All expenses related to this account are wrapped into a single annual fee.
Traditional IRAs -
are a custodial account or trust in which individuals may set aside earned income in a tax-deferred retirement plan.
401(K)s -
Plans permit an employee to set aside a portion of salary in a tax-deferred investment account selected by the employer.
Qualified Plans -
are employer-sponsored tax-deferred employee benefit plan. Contributions by an employer and employee accumulate without being taxed until payouts are made at the employee's retirement or termination.
Nonqualified Plans -
are retirement plans that do not meet the IRS requirements for favorable tax treatment.
529 College Plans -
are plans that allow for the prepayment of qualified higher education expenses at eligible educational institutions and are also known as "qualified tuition programs."
Insurance Products
Life Insurance -
is protection against the loss of income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured.
Long-Term Care -
is an insurance policy that provides benefits for the chronically ill or disabled over a long period of time.
Disablity Insurance-
is an insurance policy that pays benefits in the event of the policyholder becomes incapable of working.
Key Man Insurance -
is an insurance policy on the life of a key employee whose death would cause the employer financial loss, owned by and payable to the employer.
Fixed Annuities -
are a stream of unchanging payments for a specific period or for an individual's lifetime, depending on the terms of the annuity contract.
Variable Annuities -
are annuities with payments to the annuitant that vary depending upon the investment success of a separate investment account underlying the annuity.
Other
Brokered CDs -
a certificate of deposit of a commercial bank or savings and loan that is sold though an intermediary rather than directly by the savings institution itself. There are some unique differences between traditional bank CDs and brokered deposits. CDs purchased directly from the bank may face an interest penalty if redeemed prior to maturity. Brokered CDs cannot be redeemed back to the institution prior to maturity. PrimeVest, though not obligated to do so, may in its sole digression maintain a secondary market, and attempt to sell CDs to other investors. Early redemption or liquidation prior to maturity may be an amount less than the original investment.
Foreign Issues -
by a company incorporated in a foreign country, as opposed to investments in shares of local companies by foreign entities. An important feature of an increasingly globalized economic system. International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates, differences in accounting and taxation policies and political and economical instability can raise or lower returns.
Precious Metals -
an investment in silver, gold, and other precious metals. Due to the volatile nature of the precious metals markets, prices may fluctuate quickly. Investors should carefully consider whether precious metal investment are suitable in light their investment objectives.
Unit investment trust (UIT) -
unit investment trust; an unmanaged portfolio of investments put together by an investment adviser and sold in units to investors by brokers. UITs are not actively managed and do not sell securities in response to ordinary market fluctuations. Instead, securities will not usually be sold until termination, which could mean that the sale price of the trust securities may not be the highest price at which these securities traded during the life of the trust.
Real estate investment trust (REIT) -
real estate investment trust; a trust that purchases and manages real estate and real estate loans and sells shares. Investors may risk portfolio diversity if investments are focused on one type of development or one geographic area leaving the REIT vulnerable to a downturn in that particular sector or area.
Options -
a contract that permits the owner, depending on the type of option held, to purchase or sell an asset at a fixed price until a specified date. Any change in the variables used in options investing (interest rate, future price, days to expiration, and volatility) will affect the options' price and investment risk.
Custodial Account -
are created for the benefit of a minor, usually at a bank, mutual fund or brokerage, with an adult as the person who holds and safeguards the assets for them.
Fiduciary -
is a person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profits.
Restricted Stock -
is insider holdings that are under some other kind of sales restriction. Restricted stock must be traded in compliance with special SEC regulations.
PRIMEVEST Financial Services, Inc. is an independent, registered broker/dealer and registered investment adviser. Member NASD/SIPC. Securities and insurance products offered by PRIMEVEST: * Not FDIC insured * May go down in value * not financial institution guaranteed * Not a deposit * not insured by any federal government agency. Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate PrimeVest Advisory Services Agreement and disclosure brochure as provided.
View PRIMEVEST privacy policy and other important information.
Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
* For a comprehensive review of your personal situation, consult your tax Advisor. Neither PrimeVest, nor any of its representatives, may give tax advice.