Our Services

 

 


As one of the nation’s largest brokerage firms, you will find that we offer virtually every product or service similar to what’s available at competitive firms. Because the following is merely a general summary that will not answer all of your questions, we invite your inquiries about any area of interest that you may have. Printed material is readily available and will be provided upon request.
 
 
 
Comprehensive Investment Planning
 
  • Pre- and post-retirement planning
  • Income-tax and cash-flow analysis1
  • Estate planning and review
  • Education planning
  • Life insurance analysis2
  • Personal net-worth review and updates
 
 
Retirement - Plan Services
 
  • Traditional IRAs, Roth IRAs, and Roth conversion IRAs.
  • Planning for lump-sum and periodic distributions
  • SIMPLE plans for small businesses
  • 401(k), defined benefit, profit-sharing, and money purchase plans
  • Assistance in reviewing employee choices for 401(k) funding as well as asset-allocation advice
  • Simplified Employee Pension (SEP) plans
 
 
Fee-Based Portfolio Management3
 

Asset Advisor.4 Asset Advisor is a comprehensive investment advisory program that includes advisory services and custodial/transaction costs in a single asset-based fee. If you are seeking ongoing support from your Financial Advisor with long term goals and investment planning, then Asset Advisor may be the program for you. While you ultimately make the specific investment decisions pertaining to your account, your Financial Advisor is there along the way to provide sound advice based on objective research as well as profiling, asset allocation, investment selection, ongoing monitoring and rebalancing. Asset Advisor reinforces the importance of a full-service relationship that is focused entirely on your specific goals and objectives. The minimum account size for this program is $50,000. 

FundSource.5 This program is ideal for mutual-fund investors who want the ability to select from an extensive universe of mutual funds — including well-known no-load funds. FundSource provides a risk-adjusted portfolio suited to your investment objectives, as well as performance monitoring and adjustment recommendations as needed. In addition, this service offers you one place to make transactions without loads or commissions, one statement summarizing all positions, one consolidated tax report at year end, and one source for service and due-diligence research on participating funds. The minimum account size for this program is $25,000.

Masters Program.6 The Masters Program affords you access to some of the leading professional investment managers in the country — managers who have met stringent criteria established by Wachovia Securities Manager Strategy Group. These managers can add value to your portfolio through systematic investment discipline, financial knowledge and personal attention to your unique objectives and tolerance for risk. As a participant in the Masters Program, we will first evaluate your needs and develop an investment plan that clearly defines your objectives and will serve as your “road map” for implementation. After we establish your asset allocation plan, we will select a combination of suitable investment managers, and we will help ensure that these managers adhere to your objectives. Each quarter, you will receive a comprehensive report that compares your portfolio’s return with appropriate benchmarks and helps us assess the manager’s performance in terms of risk and return. The minimum account size for this program is $100,000.

Diversified Managed Allocations.7A Diversified Managed Allocations (DMA) account offers a strategically allocated combination of professionally managed portfolios. The allocation of your DMA account is determined specifically for you according to your investment objectives, including risk tolerance and income needs. DMA combines multiple investment portfolios in one brokerage account and delivers a single quarterly performance report to make it easier for you to track your overall investment performance. In addition, DMA provides ongoing monitoring and due diligence, consulting services and the simplicity of one monthly statement and one 1099 — all for an annual fee (billed quarterly in advance) that is based on the size of your portfolio. The minimum account size for this program is $150,000.

Network Investment Consulting.8 Wachovia Securities’ Network Program makes available a wide array of “cleared” money managers that are approved for our Program. Subject to money managers' minimum account size, your assets can be professionally managed while you receive the advice of one of our Financial Advisors. Equally important, as a Network client, you will be well-served by Wachovia Securities’ deliberate, objective and long-term approach to building and managing your wealth. The minimum account size for this program is $100,000. 

Compass Advisory Program.9 The Wachovia Compass Advisory program is ideal for investors who want a portfolio of individual stocks but prefer to leave the decision making to a professional. These portfolios are managed by Wachovia Securities’ Advisory Services Group. The Advisory Services Group (ASG) supports our Financial Advisors and their clients with objective, unbiased investment advice. The Wachovia Compass Advisory program provides you with an entirely new level of service. The program offers six asset-allocation strategies, two individual equity model strategies, and four exchange traded fund (ETF) strategies, each backed by a unique investment selection, monitoring and performance-reporting system designed to keep your investment on course toward your stated objectives while keeping your tolerance for risk in mind. The minimum account size for this program is $50,000.
 
 
 
Comprehensive Asset Management / Electronic Access

  • Money-market fund with checkwriting
  • Visa® debit card
  • Consolidated statements
  • Online trading10
  • Free Online access to account information
  • Direct deposit
 
 
Fixed Income
 
  • Government Bonds
  • Agency Bonds
  • Investment-grade Corporate Bonds
  • Tax-Advantaged Bonds
  • Zero Coupon Bonds
  • FDIC Insured-CDs 
 
 
Mutual Funds, Annuities & Insurance
 
  • Stock, bond and balanced ( stock & bond ) mutual funds.
  • Fixed and Variable Annuities2
  • Universal Life, whole-life, and term life insurance2
 
 
Wealth Preservation
 
  • Referrals to qualified insurance and legal specialists within Wachovia Corporation
  • Execution of strategies in concert with your tax and legal advisors
 
 
Trust Services11
 
  • Sophisticated trust services available from affiliates of Wachovia Corporation, the nation's fourth-largest bank-holding company based on assets
  • Available in all states
  • Living trusts
  • Testamentary trusts
  • Life-insurance trusts
  • Charitable remainder trusts
 
 
Services for Businesses
 
  • Retirement plans
  • Key-person life insurance2
 
 
Corporate and Executive Services
 
  • SERPs
  • ESOPs
  • Stock-option financing
  • Deferred-compensation plans
 
 
Lending Services12
 
  • Mortgages and home-equity lines
  • Personal credit needs
 
 
Research
 
  • Wachovia Capital Markets, LLC
  • Standard & Poor’s
  • Dorsey Wright (technical)
  • Two respected Wall Street research firms
 
 
High Net Worth Bond Program
 
  • Large municipal bond portfolios
  • Complete analysis of holdings
  • Yield and coupon analysis
  • Income-flow analysis
  • Maturity Alert Report
 
 
Equity Strategies
 
  • Alternatives to concentrated stock positions
  • Price risk management and/or diversification
  • Rule 144 and Rule 145 shares
  • Equity derivative strategies


Account Protection


Holding your securities in street name with us eliminates the need for you to hold stock certificates, deposit dividend checks, and clip bond coupons; you also receive automatic adjustments and credits for stock dividends and splits. This is also an excellent tool if you have stocks that pay dividends and want them reinvested in full and fractional shares with no commission cost.


Clients who maintain accounts with Wachovia Securities are protected by the Securities Investor Protection Corporation (SIPC) up to $500,000, of which $100,000 may be cash. For more information about SIPC coverage can be found at www.sipc.org.
 
 
In addition, Wachovia Securities maintains a program of excess protection.  Under this program, cash and fully paid securities are protected without limit. SIPC and this additional protection do not insure the quality of investments or protects against losses from fluctuating market value.  The additional protection is through Customer Asset Protection Company (CAPCO), which Wachovia Securities and 13 other securities formed in 2003. 
 
 
1 Wachovia Securities does not provide tax or legal advice. Be sure to consult with your own tax and legal advisors before taking any action that would have tax consequences.

2 Insurance products are offered through nonbank insurance agency affiliates of Wachovia and are underwritten by unaffiliated insurance companies. Wachovia Securities, LLC is a separate non-bank affiliate of Wachovia Corporation.

3 Fee based accounts are not designed for excessively traded or inactive accounts and may not be suitable for all investors. A minimum annual fee may apply for this program. Please carefully review the Wachovia Securities advisory disclosure document for a description of our services and information on all fees and expenses.

4 Fees for the Asset Advisor program cover advisory services, performance measurement, transaction costs, custody services and trading. The fees do not cover the charges and expenses of any mutual funds that may be purchased within the program and customary brokerage charges may apply to non-program assets. Fees are based on the assets in the account and are assessed quarterly. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Contact a Financial Advisor for details about additional expenses that may apply in certain circumstances and for a list of eligible and excluded assets. 
 
5 The fees for the FundSource program include advisory services, performance measurement, transaction costs, custody services and trading. The fees do not cover the charges and expenses of any mutual funds that may be purchased within the program and customary brokerage charges may apply to non-program assets.
 
6 The fees for the Mastersprogram are assessed quarterly in advance. The fees include advisory services, performance measurement, transaction costs, custody services and trading. The fee schedule, which is negotiable, is based on account size and an assumed active portfolio. 
 
7 The fees for the Diversified Managed Allocations (DMA) program are assessed quarterly in advance. The fees include advisory services, performance measurement, transaction costs, custody services and trading. The fees do not cover the charges and expenses of any mutual funds that may be purchased within the program and customary brokerage charges may apply to non-program assets. The fee schedule, which is negotiable, is based on account size and an assumed active portfolio. 
 
8 The Wachovia Securities fees for the Network program may be either asset, or commission-based, and are assessed quarterly in advance. Wachovia Securities, LLC fees include, performance measurement, transaction costs, custody services and trading.. There is an additional fee, billed separately, for the outside money manager’s advisory services. During periods of lower trading activity, your costs might be lower if our compensation were based on commissions. 
 
9 The fees for the Wachovia Compass program are asset based and assessed quarterly in advance. Fees include advisory services, performance measurement, transaction costs, custody services and trading. The fees do not cover the charges and expenses of any mutual funds that may be purchased within the program and customary brokerage charges may apply to non-program assets. 
 
10 Access to the service may be limited, delayed or unavailable during periods of peak demand, market volatility, system upgrades or maintenance, or electronic, communication or system problems, or for other reasons.
 
11 Trust services are offered through Wachovia Bank, National Association, a national banking association (chartered by the Office of the Comptroller of the Currency) and a wholly owned subsidiary of Wachovia Corporation.
 
12 Lending Services are available through banking and non-banking subsidiaries of Wachovia Corporation, including, but not limited to Wachovia Bank, National Association and Wachovia Bank of Delaware, National Association, separate affiliates of Wachovia Securities, LLC and subsidiaries of Wachovia Corporation. All loans are subject to credit approval. Wachovia Bank and Wachovia Bank of Delaware are equal housing and opportunity lenders.