Real Estate Investment Trusts (REITs)

We offer a real estate investment trust (REIT) management program for clients who choose it. (REITs are specially organized companies that invest in commercial real estate and generally produce high yields. Almost all a REIT’s profits must flow directly to investors). Management is based on data provided by a highly-regarded independent research firm with a track record spanning more than a decade. This firm seeks to identify undervalued REITs based on company financials, management effectiveness, leverage, property type and other criteria. Clients in this program each have their own accounts invested in individual REITs.

Portfolio turnover is high. Since REIT dividends do not receive the maximum 15% tax rate on dividends and most gains are short-term, the managed REIT program is most suitable for tax-deferred accounts such as IRAs and 401(k) plans.