Our Services

Comprehensive Investment Planning

At the foundation of your relationship with the Riazzi Rhyne Investment Group of Wachovia Securities is a precise, disciplined approach to long-term investing. Backed by the vast resources of Wachovia Securities--one of the leading securities brokerage and investment banking firms in the country--investment strategies are combined with the agility needed to take advantage of timely opportunities.

In designing your custom investment plan, the group will:

  1. Conduct a personal interview with you.
  2. Prepare a comprehensive analysis of your current financial situation.
  3. Review with you the details of your custom investment plan.
  4. Execute the approved investment recommendations.
  5. Monitor your portfolio, providing pertinent information on any necessary changes.

If your situation doesn't require a comprehensive plan, the Riazzi Rhyne Investment Group offers focused reports that address your specific needs--including an income-tax and cash-flow analysis, college education funding, or a retirement-income sufficiency study.

In addition, the Riazzi Rhyne team can review and evaluate your current insurance policies--including whole life, term, disability, and long-term-care plans. These services also include the evaluation of annuities. Annuities may be one way to obtain  capital growth while potentially minimizing current taxation.

 

Retirement Lump-Sum Distributions

If you are like most people, a distribution from your employer-sponsored retirement plan is the largest amount of money you will ever receive all at once. Under many plans, you must decide how benefits will be distributed. The Riazzi Rhyne Investment Group can analyze your available choices and work with your tax professionals to identify the course of action that makes the most sense in your situation.

 

Wealth Transfer and Charitable Planning

Leaving a legacy to children, grandchildren, or a particular institution or charity is important to many people. However, before estate planning--including gifting and trust services--is considered as part of your overall strategy, the Riazzi Rhyne Investment Group will first complete a comprehensive cash-flow and asset analysis to examine the impact inflation will have on your assets and recommend potential ways to help secure a comfortable retirement.

The Riazzi Rhyne Investment Group specializes in estate and charitable planning and understands the value of careful  planning and will work closely with you, your family, and your other professional advisors as needed to potentially minimize or eliminate your estate-tax liability. In addition, they are backed by experienced planning and insurance specialists who are dedicated to providing meaningful support in the critical areas of asset protection and wealth preservation.

In addition, with access to sophisticated trust services offered through Wachovia National Bank, the Riazzi Rhyne team can help you address situations such as:

  • Providing care for an elderly parent or a special-needs child
  • Succession or liquidation plans for business owners
  • A trust that directs your assets if you become incapacitated

 

Portfolio-Management Services

Private Investment Management is a customized fee-based portfolio-management program for successful individuals and pension-fund managers who demand a high level of expertise and personalized service. As a PIM client, you will meet to establish your investment objectives and guidelines for the management of your portfolio. You’ll receive a quarterly analysis of your account’s performance, and meet with the Riazzi Rhyne associates periodically (in person or by phone) for a formal review of your portfolio. Private Investment Management allows you and the Riazzi Rhyne Investment Group to work as a team in monitoring the performance of your portfolio and making sure it stays on track toward your objectives.

Pilot Plus is a new generation of brokerage accounts created from your perspective offered by the Riazzi Rhyne Investment Group. Instead of paying traditional commissions on individual trades, one annual fee (based on the size of your portfolio and billed quarterly in advance) covers all services. With Pilot Plus, you have access to quality investment recommendations while retaining control of your account.

The Masters Program is a professional money manager service that allows you to choose  outside professional management team from a nationally selected group of leading money managers. Within their areas of expertise, these firms rank among the best in the world.

FundSourceSM selects mutual funds from an extensive universe—including well-known no-loads to provide a portfolio suited to your investment objectives, along with performance monitoring and recommendations as needed. A copy of FundSource terms and conditions, including advisory fees, is available from us.

The funds in FundSource are sold by prospectus.  Please carefully consider the investment objectives, risks, charges and expenses carefully before investing.  The prospectus, which contains this and other information, can be obtained by calling your financial advisor.  Read it carefully before you invest.

Please review Wachovia Securities Disclosure Document for a full description of FundSource including fees and expenses.  FundSource requires $25,000 of investable assets.

 

Retirement-Plan Services

The Riazzi Rhyne Investment Group serves the needs of individuals, business owners, and corporations in establishing and maintaining effective retirement plans for themselves and their employees. They can help you design a custom plan or offer a prototype, and assist you in complete documentation and outlining investment recommendations. Retirement plan choices include:

  • Individual retirement accounts and IRA rollovers
  • Simplified employee pensions and Keogh plans
  • 401(k), pension, profit-sharing, and SIMPLE plans

 

Objective Research

To help the Riazzi Rhyne team recommend stocks that suit your investment objectives, our investment research service includes original research from Wachovia Securities on hundreds of companies. In addition, they use recommendations from some of the most respected national research correspondents on Wall Street:

  • Standard & Poor’s
  • Dorsey Wright (technical analysis)*

* Technical analysis is based on the study of historical price movements and past trend patterns. There is no assurance that these movements or trends can or will be duplicated in the future.

 

Fixed-Income Investments

If you are looking for income-generating investments, the Riazzi Rhyne Investment Group can assist you with a disciplined strategy for building portfolios of GNMA securities, U.S. Treasury, government agency, zero-coupon, and corporate bonds of staggered maturities as well as FDIC-insured certificates of deposit and tax-free municipal bonds*.

In addition, the Riazzi Rhyne Investment Group team offers the High Net Worth Bond Program to help investors with large portfolios of municipal bonds take potential advantage of their tax favored features. The centerpiece of the program is a complete analysis of your holdings, provided each quarter as a series of reports. In addition, you will receive an income-flow analysis, Maturity Alert Report, yield analysis, and coupon analysis.

*Income may be subject to state and local taxes and (if applicable) the Alternative Minimum Tax.

 

Education Planning

A major concern of every parent is paying escalating college costs. Wachovia Securities’ education-funding analysis looks at projected college costs and helps determine what you may need to save to send your child or grandchild to college when the time comes.

Once your child’s future education needs are determined, the Riazzi Rhyne Investment Group can help you explore your investment options, including 529 college savings plans, which offer new benefits for investors as well as professionally managed, tax-advantaged portfolios to help meet rising college expenses.

Wachovia Securities does not provide tax or legal advice. Be sure to consult with your own tax and legal advisors before taking any action that would have tax consequences.  Under a "Sunset provision", the Federal tax exemption for earnings on qualified withdrawals from 529 plans is scheduled to expire on December 31, 2010, unless extended by Congress.  As with all tax related decisions, consult with your tax advisor.

 

Services for Corporations and Business Owners

The Riazzi Rhyne Investment Group offers a full range of financial programs and choices to assist business owners, executives, and corporations in managing:

  • Personal investment portfolios
  • Corporate cash management
  • Rule 144 restricted and control stock sales
  • Stock-option exercise and sale programs
  • Key-person and other life insurance programs
  • Funding for buy-sell insurance agreements
  • Investment advice on proceeds from sale of business
  • Corporate finance services (for mature, profitable middle market companies; available through Wachovia affiliates)
  • Lending services

Lending services are available through banking and non-banking affiliates of Wachovia Corporation and other strategic lending partners. All loans are subject to credit approval. Wachovia Bank, National Association is an equal housing/opportunity lender.

Calling on staff specialists and working with your other professional advisors as needed, the Riazzi Rhyne team can assess your situation and recommend investment programs and services designed to increase corporate and personal net worth under current tax law. Whether you’re developing a business or selling a business, the Riazzi Rhyne Investment Group can explain the wide range of applicable alternatives and assist you in making complex investment decisions.

 

Equities are subject to market risks, including the potential loss of principle invested.

Insurance products are available through insurance subsidiaries of Wachovia Corporation and other underwriters. Not available in all states. Variable annuities are long-term investments suitable for retirement funding, and fees are charged to pay for death benefits guaranteed by the issuing insurance company. Withdrawals from an annuity before age 59½ may incur a 10% penalty.

Lending services are available through banking and non-banking subsidiaries of Wachovia Corporation. Consult your tax advisor about interest deductibility. All loans are subject to credit approval. Wachovia National Bank is an equal housing/opportunity lender.

Trust services are offered through Wachovia National bank (“Wachovia Bank, N.A.”), a national banking association (chartered by the Office of the Comptroller of the Currency) and wholly owned subsidiary of the Wachovia Corporation.

Pilot Plus requires $50,000 of investable assets; the Masters program require $50,000 of investable assets; Network's requirements are up to the individual manager.

Private Investment Management (PIM) is a fee-based service provided by Wachovia Securities. PIM requires $50,000 of investable assets. A copy of PIM terms and conditions, including advisory fees, is available from us. PIM is a service mark of, and funds are purchased through, Wachovia Securities.

The Master’s Program has a $100,000 minimum account size (cash and securities). Please read the Masters Account Agreement carefully which will contain a fee schedule section to be completed.

Wachovia Securities does not render legal, accounting, or tax advice. If legal, accounting, or tax assistance is required, the services of a competent professional should be sought.