Press Releases

1st Global Adds New Turnkey Investment Portfolio to Advisory Platform

Sep 28, 2017

DALLAS — Sept. 28, 20171st Global, an independent wealth management partner to exceptional CPA firms, is pleased to announce its latest addition to the Investment Management Solutions (IMS) platform: the IMS Select Portfolios — Income strategy. The new strategy is designed to provide a sustainable income stream through a well-diversified, multi-asset class portfolio. These portfolios will use both exchange-traded funds (ETFs) and active mutual funds.

“Despite a recent slight rise, interest rates remain at historically low levels, and investors have had only limited opportunities to generate consistent income,” Senior Portfolio Manager Martin Landry CFA, CFP®, CIMA® said. “We recognized that many of our affiliate financial advisors were seeking options to generate sustainable income for clients, and we created a turnkey solution to address that need.”

The primary objective for this strategy is income production with capital appreciation as a secondary consideration. The use of mutual funds and ETFs stems from the belief that certain areas of the market are more favorable for actively managed mutual funds due to the level of inefficiencies within those specific market segments. In areas in which efficiencies are higher, an actively managed mutual fund has less ability to add value; therefore, ETFs are used to represent those market segments.

The new turnkey portfolio is the latest in what has been an exciting year for IMS, 1st Global’s fee-based advisory program. The company opened IMS Prime, a simple, clear and transparent investment program for accounts with balances of $5,000 or more, in early January and saw record inflows of new assets during the first quarter of 2017. In addition, 1st Global enhanced the platform’s back-end technology and front-end advisor experience by partnering with Envestnet as a part of the company’s Enterprise Empowerment Initiative.

“We’re continually seeking ways to best position our financial advisors to succeed,” 1st Global Assistant Vice President of Wealth Platforms Holly Peritz said. “Expanding our fee-based platform and programs provides advisors with more flexibility, independence and freedom of choice to serve the needs of their clients.”

For more information on 1st Global, visit the company’s website at www.1stGlobal.com.

About 1st Global

1st Global was founded in 1992 by CPAs who believe that accounting, tax and estate planning firms are uniquely qualified to provide comprehensive wealth management services to their clients. 1st Global is a research and consulting partner that provides CPA, tax and estate planning firms with education, technology, business-building framework and client solutions that make these firms leaders in their professions through dedicated professional client relationships built around wealth management. Around 400 firms have chosen to affiliate with 1st Global, making it one of the largest financial services partners for the tax, accounting and legal professions.

Securities are offered through 1st Global Capital Corp., which is a member of FINRA and SIPC and is headquartered at 12750 Merit Dr., Ste. 1200 in Dallas, Texas, 214-294-5000. Investment advisory services are offered through 1st Global Advisors, Inc. Additional information about 1st Global is available at www.1stGlobal.com.

International investing presents certain risks not associated with investing solely in the United States, such as currency, custodial, political and transparency risk. Investing in emerging markets involves greater risk than investing in more established markets due to exchange rate changes, political and economic upheaval, and low market liquidity. Investing in fixed-income securities involves credit and interest rate risk. When interest rates rise, bond prices generally fall. Investing in commodities may involve greater volatility and is not suitable for all investors. Investing in a non-diversified fund that concentrates holdings into fewer securities or industries involves greater risk than investing in a more diversified fund. The equity securities of small companies may not be traded as often as equity securities of large companies, so they may be difficult or impossible to sell. Neither asset allocation nor diversification assures a profit or protects against a loss in declining markets. Please consider the investment objectives, risks, charges and expenses of the investment company carefully before investing; the prospectus contains this and other information about the investment company; a prospectus can be obtained from your financial advisor. Please read the prospectus carefully before investing. No investment strategy can guarantee success. It is possible to lose some or all of your investment. Indices are unmanaged and cannot be purchased directly by investors. Investment returns fluctuate and there is no assurance that a rate of return will be sustained over an extended period of time.


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