Fee-Based Products
Union Capital offers through our clearing firm the following products for Registered Representative’s Fee-Based Businesses:
Brokerage Choice® - Asset Choice is a non-advisory, non-discretionary, fee-based brokerage account that allows clients to buy, sell and hold a variety of securities for an annual fee.
Fund Service Gateway® - is a mutual fund No-Transaction wrap program that provides clients with access to a wide range of mutual funds from some of the top fund families.
This program allows Registered Representatives charging advisory fees to buy, sell and exchange no-load and load-waived mutual funds without incurring ticket charges. Clients receive one monthly statement consolidating all investments with their other account holdings held in a brokerage account. These comprehensive monthly statements detail account balances, positions, distributions and transaction history, and helps alleviate the amount of paperwork a client would receive if holding these investments directly with the independent product providers.
Resource II - is a fee-based program that lets you offer your clients access to private account management from some of the top institutional money managers in the country. Resource II is a multi-manager wrap fee program designed to give high-net worth individuals and small-to-medium sized institutional clients access to top-tier money managers for one all-inclusive fee. Resource II gives clients access to money managers for much less than their usual account minimums of up to $5 million.
Resource II gives registered representative’s access to the expertise of world-class money managers who know the market and select investments that are appropriate for specific objectives and risk parameters. The managers represent a number of major asset classes and a variety of investment styles.
Total Strategy Account - allows clients to bring their investments together in one account, including money managers, mutual funds and exchange-traded funds.
UMAS - The Unbundled Managed Account Solutions Program offers Union Capital’s Registered Representative’s the operational systems to facilitate fee-based account programs for their clients.
Additionally, the following Fee-Based supporting software is available at discounted prices:
BondDesk
BondDesk is a web-based fixed income system for all business lines through our clearing firm purchased from a third-party software vendor.
BondDesk displays offerings from a total of 89 participating broker/dealers, including Goldman Sachs, RBC Dain Raucher, Bear Stearns, A.G Edwards, Merrill Lynch, Morgan Stanley, Raymond James, UBS Financial Services, and more.
The BondDesk platform is a real-time secure infrastructure that supports the collection, management, display, and execution of fixed income security offerings.
BondDesk has several advanced features including a bond calculator, bond ladder functionality, and a client-friendly offer sheet feature in PDF format. The tools are particularly helpful for RRs who do sophisticated or high-volume, retail fixed-income business.
Bid Wanted and Offer Wanted requests can be transacted directly on the BondDesk website.
The following fixed income inventory can be found daily on BondDesk:
Plus Account
Money Market Checking with Visa Debit Card
The Union Capital Plus Account has the following features and benefits:
Benefits
Discover the convenience of having all of your account activity detailed in one account statement.
Costs
The account is FREE for Customers with account(s) balances of $200,000 Dollars or more.
Customers with balances under $200,000 dollars pay an annual fee of only $125 dollars per year.
Brokerage Account
Money Market Checking
The Union Capital Brokerage Account has the following features and benefits:
Benefits
Costs
This account has no annual fee. Customer accounts with no activity for a full year have a $35 fee.
IRA's
Account Types
Group Plans
Annuities
As an independent broker/dealer, Union Capital Company offers no proprietary products. This allows registered representatives the freedom to provide from a wide selection of investment products and services designed for the Client.
The following Annuities are currently available, and we can quickly obtain additional Annuities for any product provider not currently on our list.
Mutual Funds
As an independent broker/dealer, Union Capital Company offers no proprietary products. This allows registered representatives the freedom to provide from a wide selection of investment products and services.
The following Mutual Fund families are currently available, and we can quickly obtain additional mutual funds for any product provider not currently on our list.