Jefferson National
Jefferson National provides retirement products (variable annuities) for fee-based and fee-only advisers and their clients. Jefferson National currently serves more than 60,000 customers nationwide and is licensed to sell annuities in 49 states and the District of Columbia (Referral needed). Privately held and domiciled in Dallas, TX, with operations in Louisville, KY and offices in New York, NY.
Jefferson National History
Jefferson National was originally founded in 1937 in Indianapolis, Indiana. In 1994 the company was purchased by Conseco, and was renamed Conseco Variable Insurance Company. The company was purchased from Conseco by the current management team in October 2002, and the Jefferson National name was restored. Jefferson National specializes in multi-manager annuities to serve fee-based and fee-only advisors and consumers.
Monument Advisor
In 2005, Jefferson National developed Monument Advisor, the first low-cost/no-load variable annuity with a flat insurance fee. The company claims this product saves customers an average of $2000 in annual insurance charges.