Jefferson National Teams with Envestnet to Add 14 New Model Portfolios to Monument Advisor Flat-Fee Variable Annuity (VA)

LOUISVILLE, Ky., April 29, 2013 /PRNewswire/ -- Jefferson National, a recognized innovator of tax-advantaged investing solutions for Registered Investment Advisors (RIAs) and fee-based advisors, has teamed with Envestnet (NYSE: ENV) to add 14 new institutional-caliber model portfolios. The new Envestnet | PMC models are available exclusively to advisors using Jefferson National's Monument Advisor, the next-generation variable annuity with a flat-fee¹ and more than 390 underlying funds. This is the first time that Envestnet | PMC's models will be made available in a tax-deferred VA.²

"In today's challenging environment of ongoing volatility and rising taxes, more RIAs and fee-based advisors are looking for expert insight to help them manage all or a portion of their clients' portfolios," said David Lau, Chief Operating Officer, Jefferson National. "At Envestnet | PMC, the goal is to deliver portfolio solutions that optimize for risk/return trade-offs and identify managers who consistently outperform their benchmarks on a risk-adjusted basis. Jefferson National's tax-advantaged investing solution can help optimize tax-efficiency to enhance performance."

"With an in-depth understanding of the capital markets and an approach to asset allocation models that can include alternative asset classes, our portfolio management process can add value that is critical to managing risk in extreme markets," said Brandon Thomas, Chief Investment Officer, Envestnet  | PMC. "Combining PMC's innovative portfolio management with Jefferson National's tax-advantaged investing solution helps advisors manage risk, hedge against volatility and improve after-tax returns for their clients."

The PMC Portfolio Series are professionally managed to provide a disciplined and diversified approach to investing for the long- term, with seven portfolios targeting distinct levels of risk tolerance, from Capital Preservation through Aggressive. A second set of PMC Paradigm Models adds a liquid alternatives overlay allocation that provides an additional component of diversification that seeks to mitigate risk and volatility in extreme market conditions and tap into new sources for returns.

Jefferson National continues to lead the industry by providing advisors with tax-advantaged investing solutions to meet a variety of portfolio needs. Jefferson National gives advisors the ability to build more durable portfolios through the industry's largest selection of funds and a choice of models from the industry's leading managers.  With this latest addition from Envestnet | PMC, Jefferson National continues to expand its model offering, which also includes portfolios from Braver Capital Management, CMG Capital Management Group and CAPTRUST.

For more information, please contact Chris Moon at 973-850-7304 or [email protected] or Deborah Newman at 502-587-3858 or [email protected].

About Jefferson National Financial Corp.
Jefferson National  is a recognized innovator of tax-deferred investing solutions for RIAs, fee-based advisors and the clients they serve. Jefferson National offers the industry's largest selection of more than 390 funds, including more than 70 alternative investment options, and the most subaccounts with the 5- and 4-star Morningstar Rating™ for four consecutive years.³  Utilizing a highly flexible technology platform, an innovative distribution strategy, and cost-effective servicing capabilities, the firm is a winner of more than 30 industry awards including the DMA 2010 Financial Services Company of the Year.⁴ Serving a network of 2,000 RIAs and fee-based advisors nationwide, the Company is based in Louisville, Ky., with authority in 49 states and the District of Columbia. To reach our advisor support desk, please call 1-866-WHY-FLAT (1-866-949-3528). To learn more, please visit www.jeffnat.com.

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and simplify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, objective, independent and fully-aligned standard of care, and empower advisors to deliver better results. Envestnet's Advisor Suite® software empowers financial advisors to better manage client outcomes and strengthen their practice. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software. For more information on Envestnet, please visit www.envestnet.com.

Important Disclosures:
An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money.  The contract prospectus and underlying fund prospectuses contain this information. For a prospectus containing this and additional information, please contact your financial professional.  Read it carefully before investing. The summary of product features is not intended to be all-inclusive.  Restrictions may apply.  The contracts have exclusions and limitations, and may not be available in all states or at all times.

Variable annuities are investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.

Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10% IRS tax penalty. Jefferson National does not offer tax advice. Annuities are not deposits or obligations of, or guaranteed by any bank, nor are they FDIC insured.

Diversification does not assure a profit or protect against a loss in a declining market.

Liquid "Alternative" Investments may have complex terms and features that are not easily understood and are not suitable for all investors. You should conduct your own due diligence to ensure you understand the features of the product before investing. Alternative investment strategies may employ a variety of hedging techniques and non-traditional instruments such as inverse and leveraged products. Certain hedging techniques include matched combinations that neutralize or offset individual risks such as merger arbitrage, long/short equity, convertible bond arbitrage and fixed-income arbitrage. Leveraged products are those that employ financial derivatives and debt to try to achieve a multiple (for example two or three times) of the return or inverse return of a stated index or benchmark over the course of a single day. Inverse products utilize short selling, derivatives trading, and other leveraged investment techniques, such as futures trading to achieve their objectives, mainly to track the inverse of their benchmarks. As with all investments, there is no assurance that any investment strategies will achieve their objectives or protect against losses.

Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2, JNL-2300-3.

¹Jefferson National's Monument Advisor has a $20 monthly flat insurance fee. Additional fees ranging from $19.99-$49.99 will be assessed for investors wishing to purchase shares of ultra low-cost funds. See the prospectus for details.
²Additional fees apply. See prospectus for detail.
³Morningstar data as of 08/15/12.
⁴Jefferson National was reviewed by the Direct Marketing Association, including a panel of independent judges and industry peers, and won for re-engineering the traditional commission-based distribution model and replacing it with an unprecedented web-based direct marketing approach.

SOURCE Jefferson National