At Lakeland Financial Services, we know that the savings and investment choices that you make today will impact your financial future. Traditional bank savings products offer security, a fixed principal value and rate of return, but they may not always provide the growth or income you need to achieve your goals. Just like you, many bank customers are starting to consider supplementing their savings plan with investment alternatives.
There are thousands of investment options available, each offering a different combination of risk and return. For new and even experienced investors, sifting through the choices can be time consuming and confusing. At Lakeland Financial Services, representatives will point you toward investments with objectives that reflect your financial goals. They are trained to assess your unique situation and to help you understand all the implications of your decision.
We know that successful investing is a long-term process, so we won’t disappear after you invest your money. We’re located right here in your branch office, and we want to continue to serve you over the life of your investment. Your Investment Representative will be happy to help you understand your statements or answer questions about how your investment is performing. As your financial situation changes, your Investment Representative will be available to help you review your portfolio and suggest areas that may need adjustments.
Through Essex National Securities, Inc. and Essex National Insurance Agency, Inc., a fully licensed insurance agency, we make available a range of investment options that reflect our conservative philosophy. We believe in a long-term investment strategy that strives to balance risk and return by using a diversified portfolio. We focus on quality so you can invest with confidence.
A fixed annuity is a dependable insurance product that can provide you with steady income in the future.
For most individuals, as long as your money remains in a tax-deferred annuity, you pay no current state or
federal taxes on your earnings, and pay taxes only when you withdraw accumulated earnings.*
Because annuities are designed to provide income at retirement, any withdrawals prior to age 59½
may be subject to a 10% IRS penalty. For retirees in need of monthly income, some annuities offer periodic
* Please consult your tax advisor. Income may be subject to the alternative minimum tax.
Many people are learning that mutual funds are a smart, easy and cost- effective way to invest. Mutual funds allow you
to pool your money with that of other investors who have similar financial goals. A variable annuity combines the tax-deferral
benefits of a fixed annuity with the flexibility and performance of an investment fund. As an owner, you control the
investment options. With a variable annuity, the value is dependent on the investment results of your portfolio and
could be more or less than your original contribution.
With the help of the Investment Representatives, who are registered with Essex National Securities, Inc., a registered broker/dealer, member FINRA/SIPC, you may realize potentially higher returns in exchange for accepting fluctuation in principal value and rate of return. For investors able to accept some risk, mutual funds offer important advantages:
Combines forward looking capital market intelligence and best-in-class manager selection to deliver sophisticated, high caliber strategic mutual fund and ETF portfolios.
A leading provider of ETF research and managed products, constructs top-down tactical models that are value-oriented and risk-averse.
A boutique asset management firm, who builds fundamental products that are designed to deliver consistent returns with good downside protection.
In addition to ENSI Advisory Solutions, Wealth Management at Lakeland Bank offers financial planning and develops recommendations using modular (event-based) and comprehensive financial planning strategies with the help of the MoneyGuidePro Financial Planning software system. Through a partnership with Essex National Securities, Inc., a member of FINRA & SIPC, the advisors have access to all available financial solutions, so that your best interests will always be served.