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First Bank Wealth Management can offer current, strong knowledge of the stock, bond and mutual fund markets. These important investment vehicles may be important to your successful and balanced portfolio. We will evaluate each of these solutions along with current market conditions and fluctuations to help ensure that we carefully recommend the appropriate mix for your investment objective.
Stocks and UITs
If you are interested in long-term growth potential, a portion of your portfolio may be best suited for equities. Unit Investment Trusts are an unmanaged portfolio of professionally selected securities that are held for a specified period of time. Equity UITs tend to be a "buy-and-hold" investments. Securities in the UIT portfolio are typically held for a pre-determined time to generate dividends and capital gains for investors. At the UIT maturity, the investor can take the cash and invest elsewhere or roll over the balance into a new unit investment trust.
Bonds and UITs
Municipal bonds are tax-exempt debt obligations issued by states, cities, towns, municipalities, municipal authorities and governmental entities. The interest earned on municipal bonds is generally free of federal income taxes and also may be free of state or local income taxes if purchased by residents of the issuing state. In contrast to Equity Unit Investment Trusts, Bond Unit Investment Trusts typically makes a one-time "public offering" of only a specific, fixed number of units.
Mutual Funds are investment vehicles that pool funds from investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other similar assets. Because First Bank Wealth Management does not offer proprietary funds, we are able to offer independent advice regarding various mutual fund investment options and fund families. We can offer access to no-load, low-expense mutual funds, loaded funds with no sales charge. First Bank Wealth Management has strong, up-to-date knowledge of current stock, bond and mutual fund markets. These important investment vehicles may be important to your successful and balanced portfolio. We will evaluate each of these solutions, current market conditions and fluctuations to help ensure we carefully select the appropriate mix for your investment objective.
Learn more about a Self-Directed IRA and other ways we can assist you. Contact the Financial Consultant in your area.
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