In most instances, the needs of the ultra high net worth client simply cannot be met through the use of the traditional retirement planning vehicles and strategies that are useful to even the moderately wealthy client. The traditional tax-preferred planning vehicles can create undesirable limits for these ultra wealthy clients, who have more cash to spare and require high performing investment vehicles. Private placement variable annuity (PPVA) investments are fast becoming the luxury vehicles of the future and — for the truly wealthy client — PPVA investments can provide a combination of tax benefits and investment control that drive tax and retirement income planning to the next level.
What is a private placement variable annuity investment?
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