Our accounts are fully customized for an individual client based on his or her current situation and financial goals. It is suited to clients with investable assets of $500,000 or more, who have relatively complex financial planning needs. For example, a client whose plan needs to take into account personal goals for: the future sale of a business, portfolio growth, risk tolerance, retirement readiness, paying off a home, planning for college tuition for children, estate planning, and tax minimization has complex financial planning needs. The assets are held in custody, on behalf of the client, at Charles Schwab and Altruist.

A typical fee is between 0.7% and 1%. The maximum fee we charge is 1.25% for more complex situations.

• Charles Schwab – Financial institution that houses clients accounts and performs administrative processes related to account management.
• Altruist - Financial institution that houses clients accounts and performs administrative processes related to account management. 
• Zacks Investment Services - Portfolio managment service with expertise and additional resources providing greater customization and specialized investment strategies to clients requiring a more detailed approach.
• Morningstar Investment Account – Portfolio managment service with expertise and additional resources providing greater customization and specialized investment strategies to clients requiring a more detailed approach.
• 55IP - Portfolio managment service with expertise and additional resources providing greater customization and specialized investment strategies to clients requiring a more detailed approach.

Integra Financial, Inc. offers retirement and estate planning services, personal financial needs assessments, current portfolio assessments, as well as, assistance with interpreting Medicare and social security benefits.

We support many different types of investment accounts, as well as offer, life insurance, long term care insurance and annuities based on your financial needs and goals.

Please review the services page here or call for more details. 

Annuity - Refers to the payments made on a periodic basis to an individual under an annuity plan. The payments are generally provided until the individual dies.

Immediate vs Deferred Annuity (Indexed, Fixed, and Variable)

An immediate annuity is an annuity which is purchased with a single payment and which begins to pay out right away.

When you purchase an immediate annuity, it is generally with a single lump sum, and your income payments begin within 12 months of the date of purchase. With fixed immediate annuities, your payment from the annuity is based on a fixed interest rate. With variable immediate annuities, your payment is based on the value of the underlying investment, usually a stock and/or bond portfolio.

After choosing an immediate annuity the annuity owner determines the schedule of payments. This can be done either monthly, quarterly, semiannually or annually. Another important decision to make with your immediate annuity is how long the payments will last. The annuity owner can choose to receive payments for a specified period of time, an entire lifetime or even for the life of a beneficiary.

A tax-deferred annuity is a contract for people who want to save on a tax-deferred basis for many years, and then convert to a payout schedule once they retire. Contrary to an immediate annuity, the tax deferred annuities do not become payable until some years after its purchase. The single premium or regular premiums are capitalized during the deferred period, then the capital is converted into an annuity.

A tax deferred annuity stipulates that payments be made to the Annuitant at a later date, such as when the annuitant reaches a certain age.

Indexed Annuity

An Indexed Annuity is an annuity based on a statistical indicator, the equity market index, which provides a representation of the value of the securities, which constitute it. An index annuity is a hybrid of both fixed and variable annuities. Indices often serve as guides for a given market or industry and benchmarks against which financial or economic performance is measured. An indexed annuity can be based on the S&P, NASDAQ, or the DJIA.

The principal investment into the indexed annuity is protected from losses in the equity market, while gains add to the annuity's returns. This means that once you make a premium payment you will never have less in your indexed annuity account than your premium payment, and as the index appreciates in value, so does the Indexed annuity. Indexed annuities can be a wise investment and become a great source of additional income revenue.

Fixed Annuity 

A fixed annuity contract provides a guaranteed minimum interest rate and a higher current interest rate for shorter time periods during a deferred annuity's accumulation phase.

Variable Annuity 

A variable annuity contract allows the owner to allocate the premium amount among several investments, or sub-accounts. The contract value of such a plan may vary according to the performance of these investments. Unlike other annuities, a variable annuity does not guarantee a set rate of interest or earnings, being based instead off fund performance and account averages. However, you can buy, sell and switch funds at any time without incurring taxes until you begin to withdraw your original investment and income after age 59 ½. At that time your gains are taxed as ordinary income. Transfers between your portfolios can also reduce tax burdens.

Before you invest, you should determine how you feel about the potential of losing money in a down market. The higher the return you seek, the higher the potential risk. Past performance is not indicative of future results. Therefore, current and prospective clients should never assume that future performance of any specific investment or investment strategy will be profitable. Investing in securities involves risk of loss. Further, depending on the different types of investments there may be varying degrees of risk. Clients and prospective clients should be prepared to bear investment loss including loss of original principal (original investment sum).

Because of the inherent risk of loss associated with investing, we, nor anyone else is able to represent, guarantee, or even imply that our services and methods of analysis can or will predict future results, successfully identify market tops or bottoms, or insulate you from losses due to market corrections or declines. Learn more about the particular types of risks here.

Processing times for cash withdrawals from your account usually take 3-6 business days.

All of the platforms we use have bank-grade security and encryption to protect your financial information. This includes secure password logins with user identity applications, data security protection and monitoring for unusual activity requests. All our partners utilize advanced firewalls to keep unauthorized parties from gaining access to your personal information, as well as anomaly detection and intrusion detection technology to alert us to unusual behavior in your account. Firewalls keep public web servers separate from the servers that contain your account and personal data, so they cannot be accessed directly from the Internet. Their secure web site, where you access your account information, uses 128-bit encryption on the transmission of all data between their web site and your computer.

We recommend you discuss these needs with your bank or a reputable credit card counseling service.

Integra Financial, Inc. only operates in the United States, and for regulatory reasons cannot accept customers who reside in other countries.

Customers must have a permanent U.S. address, a U.S. Social Security Number, and a checking account from a U.S. bank.

We do not offer tax or attorney services. However, we routinely work with our clients’ current CPAs and attorneys. If you do not have an existing relationship with a CPA or attorney, we can provide reputable contacts to consider.