Annuity Straight Talk Supplies Quick Close Secondary Market Annuities
WHITEFISH, Mont. - Feb. 12, 2014 - PRLog -- Secondary Market Annuities are a growing field offering higher yields on fixed income investments. However these assigned receivables often take investors weeks or months to close and settle. The opportunity cost, complexity and time have prevented many advisors and investors from entering the marketplace.
But new developments in the industry are changing the way business is done. According to Nathaniel M. Pulsifer of Annuity Straight Talk, “Quick Close, In Stock Secondary Market Annuities are now readily available to our clients. For years we’ve used SMAs for income and appreciation for our clients, but when 2 out of 10 contracts don’t make it to closing, it’s been hard. It’s such a relief to now have a ready supply of quick close, in stock cases to satisfy the demand.”
Secondary Market Annuities originate as payments due to structured settlement recipients. The name derives when the original payee decides to sell their payments on the secondary market to another individual. This court approved transfer process can take time to complete, and the various lien searches, credit checks, and unknowns during the process cause many cases to fall apart.
According to Mr Pulsifer, “Most SMA transactions used to be done by agents on a ‘best efforts’ basis, with many people marketing the same payment stream. The urgency to place an available payment stream with a willing buyer was stressful to buyers and agents alike, and often resulted in hasty commitments prior to thorough due diligence.”
He continued “Now all that is different. We work exclusively with thoroughly reviewed and primarily In-Stock cases from SMA Hub and that’s made all the difference. We have clients that now call on a Friday afternoon and are closed by Monday on superb, period certain income streams that beat CD’s by a mile.”
In Stock SMAs are available exclusively through agents working with the industry’s premier resource for Secondary Market Annuities. These payment streams are available in a variety of lengths and investment sizes and are appropriate for a wide range of investors seeking period certain yield and safety.
Nathaniel M. Pulsifer
Page Updated Last on: Feb 13, 2014