"For more than four decades, Scarborough Alliance Group has had one basic mission: To help union members plan for a financially comfortable retirement. Our role begins as you start saving for retirement and continues as you transition into retirement and through your retirement years."
– Denis Cardone
Founder & President
Scarborough Alliance
Scarborough specializes in retirement planning for union members
Whether you are in the process of retiring now, already retired or many years from retirement, Scarborough can help you. Our philosophy is to provide an educational approach to retirement planning as opposed to high pressure sales. Our advice is always given with the member's best interests in mind. We only use low cost1 investment products with no sales charge and low expenses, and we educate members about the impact that high investment expenses can have on retirement assets over time. Our diverse investment offerings are designed to provide strong long-term performance.
IBEW Local Unions Savings & Security Plan
Can be used as a rollover vehicle for lump sum pensions and 401(k) plans from AT&T, Verizon, and their successor companies. May also be used as a 401(k) plan by participating IBEW Locals and represented employers.
Local Unions Retirement Income Program
Features professionally managed mutual fund portfolios (utilizing mutual funds with no sales or withdrawal charges and low annual expenses1), income annuities and self-directed mutual funds.
Scarborough Advantage - Local Unions Savings & Retirement Plan
The Scarborough Advantage Variable Annuity2 offers a fixed income account as a well as a diversified list of investment options, with no sales or surrender charges.
Investment Advisory Accounts
Scarborough offers investment advisory accounts through our alliance with Charles Schwab.
Before investing, carefully read the prospectus(es) or summary prospectus(es) which contain information about investment objectives, risks, charges, expenses and other information all of which should be carefully considered. For current prospectus(es) call (800) 874-6910. Investing involves risk. The investment return and principal value will fluctuate and, when redeemed, the investment may be worth more or less than the original purchase price.
1An annual asset-based fee will apply as well as the internal fees and expenses of the fund.
2 Investors should consider the investment objectives of the variable annuity carefully before investing. An investment in a variable annuity involves investment risk, including possible loss of principal. Variable annuities are designed for long-term investing. The contract, when redeemed, may be worth more or less than the total amount invested. Variable annuities are subject to insurance related charges including mortality and expense charges, administrative fees, and the expenses associated with the underlying funds. Withdrawals prior to age 59 ½ may result in a 10% IRS tax penalty, in addition to any ordinary income tax. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Investment sub-account value will fluctuate with changes market conditions.
Scarborough Alliance is dedicated to improving the financial knowledge of members.
Visit the Learning Center today.
Before investing, carefully read the prospectus(es), or summary prospectus(es), which contain information about investment objectives, risks, charges, expenses and other information, all of which should be carefully considered before investing. For current prospectus(es) call (800) 223-7608. Investing involves risk. The mutual funds’ past performance is no guarantee of future results. The investment return and principal value will fluctuate and, when redeemed, the investment may be worth more or less than the original purchase price.
Asset allocation or the use of an investment advisor does not ensure a profit or guarantee against loss.
Representatives registered with and offer only securities and advisory services through PlanMember Securities Corporation,
a registered broker/dealer, investment advisor and member FINRA / SIPC
6187 Carpinteria Ave. • Carpinteria, CA • 93013 • (800) 874-6910
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