Thomas James
ChFC®, CLU® Chartered Financial Consultant,
Chartered Life Underwriter, Certified Estate & Asset Protection Planner
How Do SMAs Work?
Secondary Market Annuities are not what you would normally associate with the term "annuities". They were issued years ago. People who own them want their money now, and sell them to institutional investment groups, investment companies and banking institutions.
A small number of institutional investment groups resell these through financial planners. I refer my people to one of these institutional investment groups.
