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.

Retirement - Plan Services

• 401K / IRA Rollovers
• 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

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

Fee-Based Portfolio Management³

FundSource.⁴ An innovative service allowing you to construct a portfolio of no-load and load waived mutual funds, making it easy to achieve broad diversification. It employs a disciplined investment approach that includes ongoing monitoring of each mutual fund by Wachovia Securities. FundSource requires a minimum investment of $25,000.

The funds in FundSource are sold by prospectus.  Please carefully consider the investment objectives, risks, charges and expenses carefully before investing.  The prospectus, which contains this and other information, can be obtained by calling your financial advisor.  Read it carefully before you invest.

Masters Program.⁵ A vehicle for accessing a universe of some 70 select money managers from around the nation with a quarterly fee, billed in advance, based on the size of the account. Your Financial Advisor monitors the manager’s performance and provides you with a detailed analysis four times a year. With a minimum account size of $100,000, the Masters Program utilizes some of the nation’s premier investment managers with minimum investments that are, in most cases, significantly lower than the manager’s usual minimums.

Diversified Managed Allocations.⁶ This program offers combinations of separately managed portfolios strategically allocated across various market capitalizations, styles, and risk tolerances, within one account. The minimum account size is based upon the portfolio selected (either $150,000 or $200,000) and the quarterly fee is based, billed in advance, on the account size. A detailed performance report is also provided four times a year.

Network Investment Consulting.⁷ The Network program allows you access to a nationwide universe of money managers with a quarterly fee, billed in advance, based on the account size. A quarterly performance report is provided and the minimum account size depends on the individual manager selected.

Compass Advisory Program.⁸ This program includes a choice between multiple portfolio strategies with a quarterly fee based, billed in advance, on the size of the account. Again, you will receive a quarterly performance report and the minimum account size is $50,000.

Comprehensive Asset Management / Electronic Access

• Money-market fund with checkwriting
• Visa® debit card
• Consolidated statements
• Online trading
• Free Online access to account information
• Direct deposit

Fixed Income

• Government Bonds
• Agency Bonds
• Investment-grade Corporate Bonds
• Tax-Free Bonds*
• Zero Coupon Bonds
• FDIC Insured-CDs

*Income is generally free from federal and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains, if any, are subject to taxes.  Income may be subject to the federal Alternative Minimum Tax (AMT).

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, tax, and legal specialists within Wachovia Corporation
• Execution of strategies in concert with your tax and legal advisors

Trust Services⁹

• Sophisticated trust services available from affiliates of Wachovia Corporation, the nation's fourth-largest bank-holding company
• Available in all states
• Living trusts
• Testamentary trusts
• Life-insurance trusts
• Charitable remainder trusts

Services for Businesses

• Retirement plans
• Key-person life insurance

Corporate and Executive Services

• SERPs
• ESOPs
• Stock-option financing
• Deferred-compensation plans

Lending Services¹⁰

• 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.

Unlike many brokerage firms that set dollar limits on account protection, Wachovia Securities does not limit its account protection. Coverage for cash and securities in protected client accounts is provided from two sources. The Securities Investor Protection Corporation (SIPC) protects up to $500,000, of which $100,000 may be cash. We provide additional protection, at no cost to you, for the remaining net equity balance, if any, of the cash and securities in your accounts. This coverage does not protect against losses from any change in the market values of investments. More information about SIPC coverage can be found at www.sipc.com. 

 IMPORTANT DISCLOSURES:

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 Please carefully review the Wachovia Securities advisory disclosure document for a description of our services and information on all fees and expenses. 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 all advisory programs.
4 The fees for the FundSource program include advisory services, performance measurement, transaction costs, custody services and trading. The fees do not cover the fees and expenses of the underlying funds and customary brokerage charges may apply to non-program assets. 
5 The fees for the Masters program 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.
6 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 fee schedule, which is negotiable, is based on account size and an assumed active portfolio.
7 The Wachovia Securities fees for the Network program may be either asset, or commission-based, and are assessed quarterly in advance. WSLLC 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. The minimum account size for this program is $100,000.
8 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.
9 Trust services are offered through Wachovia Bank, N.A., a national banking association (chartered by the Office of the Comptroller of the Currency) and wholly owned subsidiary of Wachovia Corporation.
10 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.

This information is hypothetical and is provided for informational purposes only. It is not intended to represent any specific return, yield, or investment, nor is it indicative of future results.  The solutions discussed may not be suitable for your personal situation, even if it is similar to the example presented. Investors should make their own decisions based on their specific investment objectives and financial circumstances.