Bank of Las Vegas banking centers will be closing at 1:00 PM on December 24.
Bank of Las Vegas banking centers will be closed on December 25.
Bank of Las Vegas banking centers will be closing at 4:00 PM on December 31.
Bank of Las Vegas banking centers will be closed on January 1.
Brokerage, Investment Management & Insurance
- Financial Planning
- Fee Based Advisory Program
- Tax Efficient Investing
- Portfolio Management (Active & Passive)
- Wrap Accounts
- Traditional IRAs
- Qualified Plans
- Non-Qualified Plans
- 529 College Plans
- Life Insurance
- Long Term Care
- Disability Insurance
- Key Man Insurance
- Fixed Annuities
- Variable Annuities
- Brokered CDs
- Foreign Issues
- Precious Metals
- Unit Investment Trusts (UITs)
- Real Estate Investment Trusts (REITs)
- Custodial Account
- Restricted Stock
Trust & Estate Services
(offered through a Talmer West Bank)
Full Service Brokerage
Financial Planning - is the process of evaluating the investing
and financing options available to a firm. This includes attempting to make optimal
decisions, projecting the consequences of these decisions for the firm in the form
of a financial plan, and then comparing future performance against that plan.
Mutual Funds - are investment companies that continually offers
new shares and stands ready to redeem existing shares from the owners. Because the
shares are purchased directly from and are sold directly to the mutual fund, there
is no secondary market in these companies’ stock. Individual mutual funds
vary substantially in terms of the types of investments, their sales charges and
their management fees.
Stocks - are ownership shares or ownership shared in a corporation.
Two types of stocks are:
- Listed - a security traded on any of the national or regional securities
exchanges. Listed securities are generally more liquid than securities that trade
only in the over-the-counter market.
- OTC - over-the-counter market; widespread aggregation of dealers
who make markets in many different securities. Unlike an exchange on which trading
takes place at one physical location, OTC trading occurs through telephone or computer
negotiations between buyers and sellers. Virtually all government and municipal
bonds and most corporate bonds are traded in the OTC market
Bonds - are long-term promissory notes. Bonds vary widely in maturity,
security, and type of issuer.
- Corporate-relating to a bond issued by a corporation as opposed
to a bond issued by the U.S. Treasury or a municipality.
- Municipal-the debt issue of a city, county, state, or other political
entity. Interest paid by most municipal bonds is exempt from federal income taxes
and often from state and local taxes as well.
- Mortgage Backed Securities/CMOs - security collateralized with
mortgage loans and issued by the Federal Home Loan Mortgage Corporation.
- Government/Agency - all bonds issued by the U.S. Treasury or other
agencies of the U.S. government.
& Wealth Management Online Access
- Sweep Accounts – A PrimeSweep account provides you with the
capability to automatically transfer a portion of your checking account funds into
a money market fund. The funds transferred to a PrimeSweep account have the potential
to earn attractive daily dividends. When the balance in your checking account exceeds
a predetermined amount (target balance) set by you and a PrimeSweep Representative,
the excess money sweeps to a dividend earning money market fund of your choice.
Likewise, if the balance in your checking account falls below the target balance,
cash sweeps from the money market fund into your checking account. For your convenience,
daily sweep transactions and the money market fund balance can be viewed online
whenever you like. PrimeSweep offers another added value to opening an account by
enabling you to write checks based upon your combined money market fund and checking
account target balance. If this sounds like an intriguing option for you or your
business, ask a PrimeSweep Representative about applying for PrimeSweep.
- Money Market Funds mutual fund that sells shares of ownership
and uses the proceeds to purchase short-term, high-quality securities. An investment
in the fund is not insured or guaranteed by the FDIC or any other government agency.
Although the fund seeks to preserve the value of your investment at $1.00 per share,
it is possible to lose money by investing in the fund.
- Financial Planning – The process of evaluating the investing
and financing options available to help a firm or individual achieve their financial
goals. It includes attempting to make optimal decisions, projecting the consequences
of these decisions in the form of a financial plan, and then comparing future performance
against that plan.
- Fee Based Advisory Program – Managed accounts provide a consultative
process that includes setting specific objectives, developing a personal investment
policy, selecting money managers and ongoing professional management.
- Tax Efficient Investing – utilizes investments with lower
tax consequences than other similar investments. Investors in high tax brackets
benefit from investments with tax advantaged returns because the net return (after
taxes are considered) is greater than they would achieve with fully taxable investments.
- Active Portfolio Management – management of investment portfolio
that involves active trading securities in an attempt to produce above-average returns
on a risk-adjusted basis.
- Passive Portfolio Management – method of managing an investment
portfolio that seeks to select properly diversified securities that will remain
relatively unchanged over long periods of time.
- Wrap Accounts – an investment account in which all of the
account’s assets are entrusted to a professional money manager. All
expenses related to this account are wrapped into a single annual fee.
- Traditional IRAs – a custodial account in which individuals
may set aside earned income in a tax-deferred retirement plan.
- 401Ks – a retirement plan that permits an employee
to set aside a portion of salary in a tax-deferred investment account selected by
- Qualified Plans – an employer-sponsored tax-deferred employee
benefit plan. Contributions by an employer and employee accumulate without
being taxed until payouts are made at the employee’s retirement or termination.
- Nonqualified Plans – A retirement plan that does not meet
the IRS requirements for favorable tax treatment.
- 529 College Plans – A plan that allows for the prepayment
of qualified higher education expenses at eligible educational institutions. Also
known as a "qualified tuition program."
- Life Insurance – provides a stated death benefit to the named
beneficiary(ies) upon the death of the insured. Life insurance is used for
a variety of purposes, some of which include helping a family maintain their standard
of living after the loss of a loved one, ready cash to pay estate taxes, estate
equalization, fund a buy/sell agreement, pay off debt or to fund trusts established
to fulfill the donor’s wishes.
- Estate equalization - involves providing benefits to all heirs in a substantially
equal manner. This method is especially important to prevent heirs who do not inherit
the family business or family farm from feeling disinherited.
- Key Man Insurance - An insurance policy on the life of a key employee whose death
would cause the employer financial loss, owned by and payable to the employer.
- Long-Term Care – An insurance policy that provides benefits
to individuals who are un to perform some activities of daily living for themselves
such as bathing, dressing, transferring, continence, etc. Coverage provides funds
to cover costs of in-home care or nursing home care. Newer policies may include
a great deal of flexibility concerning care options, including options such as adult
day care which allows the caretaker to continue their career and know their loved
one is cared for while they are at work.
- Disability Insurance – An insurance policy that replaces
a portion of an individual's income in the event they are unable to work.
- Fixed Annuities – a stream of unchanging payments for a specific
period or for an individual's lifetime, depending on the terms of the annuity contract.
- Variable Annuities – an annuity with payments to the annuitant
that vary depending upon the investment success of a separate investment account
underlying the annuity.
- Deferred Annuities – contracts issued by an insurance company
that allow accumulation of monies for retirement on a tax-deferred basis. There
are tax penalties for withdrawals before age 59.5 with limited exceptions. Deferred
annuities may be fixed (insurance company determines rate of return) and variable
(value is invested in sub-accounts which are similar to mutual funds). Deferred
annuities may also be qualified (contributions are tax deductible [e.g. IRA]) or
non-qualified (contributions are made after-tax).
- Immediate Annuities – contracts issued by an insurance company
that provide income to the annuitant. Income may be guaranteed for the life of the
individual (or beyond). Immediate annuities may be fixed or variable. Fixed annuities
have a guaranteed benefit amount. Benefits from a variable annuity can change over
time based upon the performance of the underlying sub-accounts. Once elected, these
contracts are irrevocable and may not be changed.
- Brokered CDs – a certificate of deposit of a commercial bank
or savings and loan that is sold though an intermediary rather than directly by
the savings institution itself.
- Foreign Issues – by a company incorporated in a foreign country,
as opposed to investments in shares of local companies by foreign entities. An important
feature of an increasingly globalized economic system.
- Precious Metals – an investment in silver, gold, and other
- UITs – unit investment trust; an unmanaged portfolio
of investments put together by an investment adviser and sold in units to investors
- REITs – real estate investment trust; a trust that purchases
and manages real estate and real estate loans and sells shares.
- Options – a contract that permits the owner, depending on
the type of option held, to purchase or sell an asset at a fixed price until a specified
- Custodial Account – An account which is created for the benefit
of a minor, usually at a bank, mutual fund, or brokerage, with an adult as the person
who holds and safeguards the assets for them.
- Fiduciary – A person legally appointed and authorized to
hold assets in trust for another person. The fiduciary manages the assets for the
benefit of the other person rather than for his or her own profits.
- Restricted Stock – Insider holdings that are under some other
kind of sales restriction Restricted stock must be traded in compliance with special
Securities and insurance products are offered by Cetera Investment Services LLC,
Advisory services are offered by Cetera Investment Advisers LLC. Neither firm
is affiliated with Talmer West or its related companies. Investments are:
* Not FDIC insured * May go down in value * not financial institution guaranteed
* Not a deposit * not insured by any federal government agency. Advisory services
may only be offered by Investment Adviser Representatives.
View Cetera Investment Services LLC
Investment Executives are registered to conduct securities business and licensed
to conduct insurance business in limited states. Response to, or contact with residents
of other states will only be made upon compliance with applicable licensing and
registration requirements. The information in this website is for U.S. residents
only and does not constitute an offer to sell, or a solicitation of an offer to
purchase brokerage services to persons outside of the United States.
* For a comprehensive review of your personal situation, consult your Tax Advisor.
Neither Cetera Investment Services LLC, nor any of its representatives, may give
Mutual funds, variable annuities and UITs are sold by prospectus. The Prospectus
contains additional information that investors should consider carefully such as
the investment objectives, risks, charges and expenses. A prospectus is available
from an Investment Executive. Read carefully before investing or sending money.