Asset Marketing Systems Insurance Services LLC, a fixed annuity distributor, has introduced a wholly owned broker-dealer subsidiary to serve registered representatives.
Madison Avenue Securities is to emphasize market-proven brand and practice building, thorough product education, competitive payouts, and impeccable service, the San Diego company said on Dec. 16.
The broker-dealer also said it specializes in helping registered representatives supervise their equity-indexed annuity business as recommended by NASD, the securities industry's self-regulating body.
