If You're a Registered Rep You'll Want to Consider This

PlanMember Financial and AXA Equitable Form National Distribution Marketing Alliance

December 17th, 2012

(Carpinteria, CA) - PlanMember Services (“PlanMember”) is pleased to announce a national distribution alliance with AXA Equitable which will include them as a primary PlanMember Insurance Program Provider. This alliance serves as a long-term strategic growth opportunity in the employer-sponsored markets, as well as the individual planning markets for both PlanMember and AXA Equitable.

As part of the alliance, AXA Equitable’s EQUI-VEST® 403(b) program will serve as the variable annuity product in the PlanMember Model Plan.  EQUI-VEST®, one of the leading variable annuities in the 403(b) marketplace offers PlanMember independent representatives a unique and competitive product with the following features:

  • Structured Investment Option (SIO) – An investment option that gives participants access to potential market gains, up to a specified limit, along with a downside protection feature that can limit some losses in their account value during times of market volatility. AXA Equitable is the first company in the industry to offer this type of investment option in a variable deferred annuity product used to fund employer-sponsored retirement plans.
  • Personal Income Benefit – A unique withdrawal benefit designed to help address the impact of longevity, market volatility, and inflation on retirement income. Participants can turn their retirement savings into an annual withdrawal benefit that provides lifetime payments, income protection, and market growth potential.

Beyond EQUI-VEST®, the PlanMember Insurance Program will be further enhanced by a suite of additional industry-leading individual variable annuity products including the following:

  • Structured Capital Strategies – An individual variable annuity which offers a tax-deferred option for investors who are seeking an acceptable risk-reward balance. Its main feature is its Structured Investment Option that allows clients to participate in the performance of equity and commodity indices up to a cap and with a downside buffer. The downside buffer works in tandem with a Performance Cap Rate on the upside market potential.
  • Retirement Cornerstone – An individual variable annuity with a unique dual account structure that provides both upside potential and downside protection. It has a broad investment line-up (110+ funds) and a floating rates design that offers opportunity to gain in a rising rate environment, as well as the comfort of a guaranteed stream of income.

“We are extremely pleased to partner with AXA Equitable and bring their industry-leading retirement savings products to our platform,” said Jon Ziehl, chief executive officer, president and founder of PlanMember Financial Corporation.

He added: “AXA Equitable’s market presence, employer group footprint, financial strength and product features are well regarded in the industry. Their flexible and single premium deferred variable annuities complement our Model Plan, Investment & Savings and Retirement Income Programs. Aligning with a company with the expertise and scope of AXA Equitable uniquely positions PlanMember to continue to be the leading home for independent advisors focused on the retirement plan market.”

“At AXA Equitable, we understand the challenges advisors face in preparing their clients for retirement,” said David Ciotta, Senior Vice President. “AXA Equitable has long been an industry leader in providing retirement planning products and services to individuals, business-owners, and employer plan sponsors. Today, we are delighted to announce our partnership with PlanMember, which brings together two companies focused on offering Americans new planning strategies for a financially secure retirement reality.”

The alliance with AXA Equitable enhances the PlanMember Insurance Program with products that address a host of client needs and risk mitigation strategies for retirement income growth and preservation under various economic conditions. In addition to AXA Equitable’s annuity products, PlanMember advisors will benefit from the company’s comprehensive life insurance capabilities and support services.

About PlanMember Securities
Headquartered in Carpinteria, California, PlanMember Securities Corporation has been an industry-leading broker/dealer for over two decades. With over 400 registered representatives, a growing number of PlanMember Financial Centers across the country, $5 billion in assets under management and over 120,000 customer accounts, PlanMember is an approved retirement plan provider in over 3,000 school districts and nonprofit organizations nationwide. PlanMember Securities Corporation is a registered broker/dealer, investment advisor and member FINRA/SIPC.

About AXA Equitable
In business since 1859, AXA Equitable Life Insurance Company (NY, NY) is a leading financial protection company and one of the nation’s premier providers of life insurance and annuity products, as well as investment products and services through its affiliates, including, AXA Advisors, LLC. The company’s products and services are distributed to individuals and business owners through its retail distribution channel, AXA Advisors and to the financial services market through its wholesale distribution channel, AXA Distributors, LLC. Find AXA Equitable on Facebook and Twitter or visit the company’s multi-media newsroom The Source @ AXA Equitable.

AXA Equitable, a subsidiary of AXA Financial, Inc., is part of the global AXA Group, a worldwide leader in financial protection strategies and wealth management. “AXA Group” refers to AXA, a French holding company for an international group of insurance and financial services companies together with its direct and indirect consolidated subsidiaries. For more information, visit www.axa-equitable.com.

Media Contacts
For more information, please contact Richard Ford at PlanMember (800) 874-6910 extension 2400, RichardF@PlanMember.com or Discretion Winter at AXA Equitable (212) 314-2968, discretion.winter@axa-equitable.com.


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