Stay on your path to financial independence

with our wide range of offerings.


IRAs and retirement plans

No matter what your situation, a Baytree Capital wealth advisor can help provide you with the information you need so you can select the best retirement plan options for you.

Opening an IRA or rolling over an old 401(k) or 403(b) plan to an IRA?
A financial advisor can help provide you with the information you need to decide if a traditional or Roth IRA best suits your financial goals.

If you are changing jobs or retiring, after reviewing the potential benefits and risks, it may make sense to consider a rollover of funds from your employer-based retirement plan.

Rollover assets to an IRA while still employed
In some retirement plans, you may be able to transfer assets from your workplace 401(k) into a personal IRA while you’re still employed.

Ask your advisor to help you explore the pros and cons of an in-service IRA rollover strategy before you make a decision.

IRA contribution limits and eligibility
A financial advisor can keep you updated on IRA contribution limits, eligibility and tax deductibility. These may change year-to-year and vary based on income level and tax status.

Retirement plans for self-employed individuals and businesses
A range of retirement plans are available to address the retirement needs of you, your business and your employees.

Plans can offer an array of investment options: mutual funds, self-directed brokerage accounts, annuities, certificates or professionally managed accounts; investments vary by plan.

Retirement plans for employers of nonprofit organizations
Nonprofit organizations seeking retirement savings plans can select from the many available 403(b) plan investment options from Baytree Capital.

Mutual funds

A mutual fund is a company that pools money from many investors and invests the money in stocks, bonds, short-term money market instruments, other securities or assets or a combination of these investments.

Because professional managers provide ongoing supervision of mutual fund holdings, mutual funds can be a quick and efficient means of managing money.

In addition, mutual funds may provide diversification, an important element of a well-rounded investment portfolio.

Access to a wide variety of fund families
A Baytree Capital wealth advisor can help you build a portfolio that's right for you, selecting from more than 2,000 funds from nearly 150 fund companies.

Stocks & exchange traded products (ETPs)

At Baytree Capital, you can trade stocks and ETPs listed on all the major U.S. exchanges (NYSE, AMEX, NASDAQ) and unlisted over-the-counter (OTC) securities.

Stocks are a type of security that give stockholders a share of ownership in a company. Investors buy stocks for various reasons, including:

  • The potential for capital appreciation, which occurs when a stock rises in price
  • The potential for dividend payments, which come when the company distributes some of its earnings to stockholders
  • The ability to vote shares and influence the company

Exchange Traded Products (ETPs)
ETPs include various investment structures that track an underlying benchmark, index or portfolio of securities. There are three types of ETPs available at Baytree Capital:

Exchange Traded Funds (ETFs) Like mutual funds, ETFs are securities that allow investors to pool their money in a fund that invests in assets such as stocks, bonds and other assets. However, ETFs have key differences compared to mutual funds:

  • Shares are able to trade intra-day on a national exchange at market prices that may vary from net asset value (NAV) instead of being issued and redeemed at the end of the day at the net asset value.
  • Most ETFs are index-based which seek to track a securities index. Index-based ETFs may often have lower expense ratios.

Exchange Traded Notes (ETNs)
ETNs are a senior, unsecured, unsubordinated debt security issued by an underwriting bank which, similar to other debt securities, has a maturity date and is backed only by the credit of the issuer. ETNs trade on exchanges and promise a return linked to a market index or other benchmark. The return on an ETN is based on:

  • Price changes, if sold prior to maturity
  • The payment, if any, if the ETN is held to maturity or otherwise redeemed by the issuer

Like other ETPs, the market price of an ETN can differ from its indicative value, sometimes substantially.

Closed-End Funds (CEFs)
CEFs are a pooled investment vehicle with a manger overseeing the portfolio. CEFs raise a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on the exchange.
Similar to open end mutual funds, CEFs are actively managed.

Share prices may vary in value from NAV which can result in investors purchasing shares at a premium/discount.

Bonds and individual fixed income securities

Bonds are a type of debt security where the issuer generally promises to pay a specified rate of interest during the life of the bond and repay the face value of the bond (the principal) when it matures.

Bonds and fixed income securities typically pay interest semiannually. Interest payments can provide investors a predictable income stream. Many people invest in bonds for the expected interest payments and to preserve their capital investment. (Interest payments and return of principal are subject to the creditworthiness of the issuer and are not otherwise guaranteed).

By working with a Baytree Capital wealth advisor, you have access to a wide variety of bonds and fixed income securities including:

  • Corporate bonds
  • Municipal bonds
  • U.S. Treasury bills, notes, bonds and zeros
  • U.S. Agency bonds
  • Mortgage-backed securities
  • Asset-backed securities (ABS)
  • FDIC-insured brokered certificates of deposit (CDs)

Alternative investments

Baytree Capital offers a wide variety of alternative investments. Alternative investments cover a broad range of strategies and structures designed to exhibit little to no correlation to traditional equity and fixed income markets with a long-term expectation of illiquidity.

  • Exchange funds
  • Hedge fund offerings
  • Managed futures funds
  • Non-traded business development companies
  • Non-traded closed end funds
  • Non-traded real estate investment trusts
  • Private equity offerings
  • Real estate private placements

Structured CDs and notes

Potential benefits of structured CDs and notes

Diversification. Structured CDs and notes may provide diversification to a portfolio by offering exposure to asset classes that can be difficult to access directly. While diversification can help protect against certain investment risks, it does not assure a profit or protect against loss.

Reduced volatility. Structured CDs and notes may reduce the effects of market volatility within your portfolio.

Principal protection. If you select a 100% principal protected note or CD, the amount of your initial investment may be protected if you hold it until maturity. In addition, there is a possibility for gains on your initial investment.

Participation. Structured CDs and notes may provide enhanced performance and/or above market coupons.

Structured CDs and notes available from Baytree Capital

FDIC-insured structured CDs are issued by U.S. banks and your initial investment is backed by FDIC insurance up to applicable limits.

100% principal-protected notes are issued by third-party banks. These notes sold through Baytree Capital are registered with the SEC and offer principal protection if the note is held to maturity, subject to the creditworthiness of the issuer.

Principal-at-risk structured notes may help mitigate market loss, to varying degrees and offer the possibility of enhanced performance potential. These notes generally have maturity ranges from three months to seven years.

Unit investment trusts (UITs)

A UIT is a pooled investment vehicle in which a portfolio of securities is deposited into a trust. Units can be purchased until the initial offering period closes, however a fixed income UIT may close early due to all the units being sold.

UITs employ a “buy and hold” investing philosophy — they invest in a fixed portfolio for a predetermined period of time. The portfolios can be comprised of a variety of securities including, but not limited to, equities and/or bonds.
UITs are subject to many of the same federal laws and oversight by the U.S. Securities and Exchange Commission (SEC) as mutual funds and closed-end funds.

Characteristics of UITs

Known portfolio — The securities within the trust are known on the deposit date. Typically, these investments will not change over the life of the trust.

Professional portfolio selection — Securities in the trust are selected based on the investment objectives of the trust and on various analysis and research.

Diversification — UITs provide access to a wide variety of investment styles, sectors and asset classes.

Defined investment horizon — UITs have a stated termination date; investors can choose to receive the proceeds in cash or to roll into another UIT.

Daily liquidity — Units may be redeemed on any business day at the redemption price (may be more or less than purchase price).

Reinvestment options — Most trusts allow investors to reinvest distributions with no associated sales charge.


Options are complex and sophisticated investments that give the holder the right or the obligation to buy or sell securities at a predetermined price within a set period of time.
There are two types of option contracts:

1. Give the buyer the right to buy a specified amount of securities at a predetermined price.
2. Give the seller the obligation to sell a specified amount of securities at a predetermined price.

1. Give the buyer the right to sell a specified amount of securities at a predetermined price.
2. Give the seller the obligation to buy a specified amount of securities at a predetermined price.

Because of the complex nature of trading options, investors are required to read the Characteristics and Risks of Standardized Options disclosure document before deciding if an option strategy is right for them.

Syndicate offerings

A syndicate offering is a means of bringing a new security to the market. The lead underwriter will put together a "syndicate" of several investment banking companies and broker-dealers to jointly underwrite and distribute the new offering to the investing public.

Although Baytree Capital participates in equity IPOs and secondary offerings of common stock, and on occasion we also participate in the syndicate group for two types of other syndicate offerings: closed-end funds and preferred securities.

A Closed-end Fund (CEF) is a publicly traded investment company, which is typically actively managed.

Raises money from investors through an initial public offering (IPO).

Invests raised capital in securities and other assets.

After the IPO, the shares of the CEF trade on an exchange (e.g. the New York Stock Exchange) and may trade at a premium or a discount to the net asset value (NAV) of the underlying investments.

A Preferred Security is a perpetual preferred or debt security issued by a corporation, which trades on an exchange.

These securities provide investors a stated quarterly dividend or interest payment that is typically fixed, but in some cases a defined floating rate (depending on the type of security) that must be paid before income is paid to common stockholders.

Preferred securities take precedence over common stock in the event of a liquidation.

Most preferred securities do not allow for voting rights.

It is important to understand that IPO shares do not have a trading history, may be speculative and may not be suitable for all investors. Before determining that you would like to invest read the prospectus carefully so that you can make an informed decision.


An annuity is a long-term insurance product. Many people purchase an annuity to provide a combination of protection through death benefit(s), tax deferral and income in retirement.

Why annuities?
An annuity can provide you with lifetime income or a lump sum, depending on the type of annuity you purchase.

Each of the four annuity types offers unique benefits for individual retirement income needs:

  • Variable annuities offer the potential for greater income based on market performance. Variable annuities are complex investment vehicles that are subject to market risk, including the potential loss of principal invested. Variable annuties are tax deferred.
  • Fixed index annuities credit interest based on the performance of indexes up to a cap.
  • Fixed annuities provide a guaranteed principal and guaranteed rates of return, plus tax deferral.
  • Immediate annuities provide a specific amount of income for the rest of your life or for a specified length of time.

All guarantees are subject to the claims-paying ability of the issuing company. These guarantees do not apply to the investments in variable annuities, which will vary with market conditions.

A private wealth advisor can help you learn more.