- Retirement Accounts
- General Savings
Expected Primary Sources of Retirement Income
Traditional IRA
A Traditional IRA account may give you an immediate tax benefit because contributions are often tax deductible. Taxable distributions from an IRA can be taken without penalty starting at age 59½ and must be started by April 1st of the year following the year the account owner reaches 70½. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Traditional IRA Inherited
An inherited IRA is created when someone inherits an IRA after the death of the original owner. You’ll receive all the tax advantages of the IRA, as well as the ability to withdraw funds according to a set schedule over your lifetime. Taxable distributions from an IRA can be taken without penalty starting at age 59½ and must be started by April 1st of the year following the year the account owner reaches 70½. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
ROTH IRA
A Roth IRA’s tax advantages differ from the Traditional IRA. If eligible for this account, your annual contribution limits are the same but are not tax deductible. However, since annual contributions have already been taxed, these contributions will never be taxed again and earnings can grow tax free. In addition, the contributed funds can be withdrawn any time you wish and there are no required minimum distributions after age 70½. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
ROTH IRA Inherited
An inherited IRA is created when someone inherits an IRA after the death of the original owner. You’ll receive all the tax advantages of the IRA, as well as the ability to withdraw funds according to a set schedule over your lifetime. Taxable distributions from an IRA can be taken without penalty starting at age 59½ and must be started by April 1st of the year following the year the account owner reaches 70½. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
SEP IRA
A SEP IRA is a written plan that allows an employer to make contributions toward their own retirement and their employees’ retirement without getting involved in a more complex qualified plan. Under a SEP, the employer makes contributions to a traditional individual retirement arrangement (called a SEP IRA) set up by or for each eligible employee. A SEP IRA is owned and controlled by the employee, and the employer makes contributions to the financial institution where the SEP IRA is maintained. The employee may also make annual contributions subject to the limits for traditional IRAs. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
SEP IRA Inherited
An inherited IRA is created when someone inherits an IRA after the death of the original owner. You’ll receive all the tax advantages of the IRA, as well as the ability to withdraw funds according to a set schedule over your lifetime. Taxable distributions from an IRA can be taken without penalty starting at age 59½ and must be started by April 1st of the year following the year the account owner reaches 70½. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Rollover IRA
One way to take control of your retirement savings is to roll over your plan from a former employer. People who elect to rollover assets from a 401k or 403b plan often experience lower administrative fees and considerably more investment choices that are better for their personal situation. A Rollover is a Traditional IRA that only holds assets received as a rollover distribution from a retirement plan. The term ‘rollover’ simply helps people identify the assets as a rollover from a retirement plan. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
401k and 403b Rollovers
Managing multiple retirement accounts at different institutions can be cumbersome. Consider consolidating your assets with a 401k rollover to an IRA and make managing your retirement easier and more convenient. You’ll appreciate the same tax-deferred benefits from a Traditional IRA, and you’ll be able to view all your accounts from one, simple login. In addition, your investment or wealth manager will be able to provide better insight into your overall financial condition, and manager your assets more effectively. Once your 401k or 403b has transferred to Global Advisers, it becomes an important part of your overall estate planning. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Retirement Solutions
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Retirement Planning
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Accounts for Retirement
Traditional IRA
Allow your investment earnings the opportunity to grow tax free until funds are withdrawn in retirement. Contributions may be tax-deductible.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
Traditional IRA Inherited
Get professional advice on your inherited assets while allowing your investment earnings the opportunity to grow tax free until funds are withdrawn in retirement. Contributions may be tax-deductible.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
Roth IRA
Let your earnings have the opportunity to grow tax free and make qualified tax-free withdrawals of contributions at any time. Unlike a Traditional IRA, there are no mandatory withdrawals. Contributions aren’t tax-deductible.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
Roth IRA Inherited
Allow your investment earnings the opportunity to grow tax free until funds are withdrawn in retirement. Contributions may be tax-deductible.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
SEP IRA
High contribution limits plus simple set up and low cost might make this plan work for small businesses with variable cash flows.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
SEP IRA Inherited
Allow your investment earnings the opportunity to grow tax free until funds are withdrawn in retirement. Contributions may be tax-deductible.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
Rollover IRA
A Rollover IRA offers an easy way to maintain the tax-deferred status of your retirement plan while consolidating your retirement assets into one easy-to-manage account. A Rollover IRA isn’t right for everyone. Consider all of your choices and learn if a Rollover IRA may be right for you.
| Account Minimum | $5,000 |
| Available Account Structures | Managed, Prime |
| Fees | Learn more about Fees and Commissions |
| Important Information | Annual contribution limits apply |
Individual Accounts
An individual account is a brokerage account with only one owner. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Joint Account (JTWROS)
A joint account with rights of survivorship (JTWROS) is a brokerage account with more than one owner, with each person having an undivided interest in the entire property. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Joint Account (TIC)
A Joint Tenants in Common (TIC) account is a brokerage account that has two or more account owners with each person owning a specified percentage of the entire property. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Structure | Minimum to Open (US) | Benefits |
|---|---|---|
| Prime | $5,000 | Select |
| Asset Management | $50,000 | Premium Select |
| Wealth Management | $100,000 | Galleon Flagship Gold |
| Private Wealth Management | $1,000,000 | Galleon Flagship Platinum |
Education and Custodial Accounts
Education and Custodial Accounts provide tax-advantaged opportunities to invest for college and higher-education. Our custodial accounts are managed by a Financial Adviser. Accounts that meet certain requirements qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Type | Minimum to Open (US) | Features | Investment Choices |
|---|---|---|---|
| 529 College Savings Plans | No Minimum | No income limitations Contributions must be made in cash Each state can establish their own minimums and maximums Not Managed | Very Limited |
| Coverdell Education Savings Account | No Minimum | $2,000 maximum per designated beneficiary Not managed | Not Limited |
| Custodial Uniform Gift to Minors Act (UGMA)/Uniform Transfer to Minors Act (UTMA) | $3,000 | Professionally Managed by a Financial Adviser | Not Limited |
Trust Accounts
A Trust account allows the account owner to transfer assets to one or more recipients, called trustees, who hold legal title to the transferred assets and manage the assets for the benefit of the owner or other named beneficiaries. Global Advisers offers legally established taxable living, revocable, irrevocable and testamentary trusts. They must already have the trust created by an Attorney and then they may open a brokerage account with Global Advisers. Assets in the account are managed by a Financial Adviser. Accounts that meet certain requirements qualify for Galleon Flagship Services, and are managed by a Wealth Manager.| Account Type | Minimum to Open (US) | Features | Investment Choices |
|---|---|---|---|
| Trust | No Minimum | Professionally Managed Automatic Asset Allocation Quarterly Rebalancing | Unlimited, based on trust agreement |
Retirement Accounts
We offer a variety of retirement accounts designed to meet your income and lifestyle needs. Learn about the different retirement accounts below, then open your account today. Prime and Asset Management Accounts are managed by a Financial Adviser. Wealth and Private Wealth Management Accounts qualify for Galleon Flagship Retirement Services, and are managed by a Wealth Manager.| Account Type | Minimum to Open (US) | Maintenance Fees |
|---|---|---|
| Traditional IRA Traditional IRA Inherited ROTH IRA ROTH IRA Inherited SEP IRA SEP IRA Inherited Rollover IRA 401k and 403b Rollovers | $5,000 | None |