Why can't you manage my annuity account?

Annuities are insurance products and cannot be managed by a third party advisor. We also cannot analyze the annuity as a traditional investment due to the insurance aspect of the contracts, even though some annuities do use traditional mutual funds inside the contract.. If you would like us to manage the assets as part of your portfolio, the annuity contract must be surrendered back to the insurance company.

Important Note: There can be significant penalties or surrender charges associated with surrendering (selling out of) an annuity depending on the type of contract and how long you’ve owned it. It’s common for these charges to be substantial. We highly recommend reaching out to your annuity company before making any decisions in order to better understand the potential penalties of selling out of the contract.