Dreyfus Advisor Services
Partners in your future
We have long understood that investment success is not solely found in the numbers. Rather, it consists of satisfying your financial needs and obligations while helping you realize your dreams and aspirations.
Managing wealth is a responsibility we do not take lightly. At Dreyfus Advisor Services, our financial advisors are partners in your future, delivering the strategic insight, tactical expertise, and exclusive support to help you grow, manage and enjoy your wealth.
Your Dreyfus Advisor partners with you, providing outstanding attention, a dedicated one-on-one relationship and services tailored to your preferences and expectations.
Your Dreyfus Advisor works closely with you and your family to answer your questions, listen to your point of view and tackle your unique challenges.
When things change, as they always do, your Dreyfus Advisor is there to help you make the most of the situation, whether it’s addressing opportunities and trends in the markets or providing financial guidance for life’s major events.
A Legacy of Excellence
Throughout our history, we at Dreyfus have been steadfast in our commitment to meeting the changing needs of investors, from pioneering mutual funds in 1951 to introducing the industry’s first, investor-friendly, simplified prospectus. This heritage of understanding our clients’ financial needs and providing effective solutions is the cornerstone of every relationship.
Contact Dreyfus at 1-800-896-8168 and learn how we:
Provide a comprehensive plan designed specifically for you
We pursue a prudent and thoughtful approach to growing and protecting your wealth. Your Dreyfus Advisor will:
- Analyze your financial needs, goals and risk tolerance;
- Conduct structural analyses and formulate product and asset allocation recommendations; and
- Craft a thoughtful and comprehensive program that is uniquely yours.
Every advisor has been carefully selected for their expertise, responsiveness and passion for helping others achieve success.
Marshal the extensive resources of BNY Mellon
Working with a Dreyfus Advisor gives you unique access to an exclusive and diverse global network of world-class asset managers that few firms can match. Yet, while we may be a financial leader in the global markets, we continue to foster the close-knit, personal atmosphere that marked our beginnings. Your Dreyfus Advisor cares about your financial well-being, and has the insight and skill to integrate our full resources in a way that makes sense for you.
Provide timely insights and personal attention
Your advisor has the experience and expertise to support you through market cycles. Working together, your Dreyfus Advisor will provide oversight and guidance to help you ride out the inevitable ups and downs of the financial markets. After all, success is helping you live comfortably today while protecting your legacy for the future.
Dreyfus Advisor Services is a division of MBSC Securities Corporation (“MBSC”), a firm that is registered with the Securities and Exchange Commission (“SEC”) as both a broker-dealer and investment adviser, and is a member of the Financial Industry Regulatory Authority (“FINRA”), among other self-regulatory entities. Depending upon the products and services that Dreyfus Advisors provide to you, MBSC may be acting as a broker-dealer or as an investment adviser. Also, our Dreyfus Advisors are licensed insurance agents with an affiliated insurance agency. We want you to be aware of the capacities in which MBSC and our Dreyfus Advisors are acting and the compensation that your Dreyfus Advisor receives for providing services to you.
MBSC acts as a broker-dealer when a member of our Dreyfus Advisor team works with you to recommend mutual funds and variable annuities. Dreyfus Advisors make product recommendations based upon their reasonable belief that a particular product is suitable after discussing your investment goals, risk tolerance, objectives, and other information that your Dreyfus Advisor gathers from you. We do not have any discretion to act on your behalf, and you must approve all securities recommendations that we make. When interacting with us in our capacity as a broker-dealer, you pay for the products you purchase and the amount you pay may include a transaction fee, commission, sales load, sales charge, or other expenses as part of the purchase price.
MBSC is the sponsor of a wrap-fee program called the Dreyfus Managed Asset ProgramSM (“DMAP”). MBSC provides advisory services to you once you have entered into an Investment Advisory Agreement as part of our Dreyfus Managed Asset Program. In connection with DMAP, MBSC and your Dreyfus Advisor will provide various services to you depending upon the particular DMAP program that you choose. You will be charged an annual fee payable in quarterly installments based upon the level of assets in your DMAP account.
Each Dreyfus Advisor that offers insurance products, including fixed and variable annuities and life insurance, is an insurance agent of Dreyfus Service Organization, Inc., an insurance agency affiliated with MBSC, and each Dreyfus Advisor is appointed by the unaffiliated insurance companies that issue and underwrite the insurance products offered by MBSC and/or DSO.
Dreyfus Advisor Compensation
Dreyfus Advisors generally receive sales-based compensation for the products that they sell based on a compensation plan established by Dreyfus Advisor Services’ management each year. For sales that generate compensation under the plan, Dreyfus Advisors receive first-year compensation that generally is equivalent regardless of whether the client chooses DMAP, mutual funds, or insurance/annuity products, although Dreyfus Advisors may receive lower levels of compensation for certain mutual funds that have lower management fees. The compensation paid to a Dreyfus Advisor for a particular transaction will be higher if the investment product is funded using assets that are deemed “new” to Dreyfus Advisors versus using assets that are already in existing products offered by Dreyfus Advisors, such as, for example, assets that are in a Dreyfus mutual fund. In addition, the sales-based compensation paid to a Dreyfus Advisor may be raised to a higher level overall if he/she successfully brings certain levels of new assets to the firm. Dreyfus Advisors are not paid any sales-based compensation on mutual fund transactions when the assets used to purchase the new mutual fund(s) are already invested in Dreyfus long-term mutual funds. After the first year, Dreyfus Advisors receive ongoing compensation for DMAP accounts, and such compensation is paid for Dreyfus Advisors’ continued service to their DMAP clients. The ongoing compensation paid for DMAP is not available for other products offered by Dreyfus Advisors.
Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund’s prospectus. Bond funds are subject generally to interest rate, credit, liquidity and market risks, to varying degrees, as described in the fund’s prospectus. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
Variable annuities are insurance products with distinct features and costs. Variable annuities are complex insurance contract-related products. Before you invest, be sure to ask your sales representative about the variable annuity’s features, benefits, risks and fees and whether the variable annuity is appropriate for you based on your financial situation and objectives. There is risk involved in investing in variable annuities, including possible loss of principal. Guarantees are based on the claims-paying ability of the issuing insurance company.
The recommendations made, if any, will be based on your overall financial condition and personal circumstances, and constructed from information you provide.
MBSC Securities Corporation, a member of FINRA, is the distributor of the Dreyfus Family of Funds and participates in wrap-fee programs, including DMAPSM. MBSC and Standish Mellon Asset Management provide investment management services under these arrangements. Standish Mellon Asset Management LLC is a subsidiary of The Bank of New York Mellon Corporation and an affiliate of The Dreyfus Corporation.
The Dreyfus Managed Asset ProgramSM (DMAP), a wrap-fee, investment advisory program, provides a comprehensive disciplined strategy for helping you achieve your long-term goals. The program provides a sophisticated, quantitative process for analyzing your investment objectives and optimizing your asset mix on an ongoing basis. You will receive professional guidance from a Dreyfus Advisor to help you develop a personalized investment plan and select from a carefully screened selection of mutual funds to implement your plan. Minimum account balance for DMAP Mutual Fund Series is $25,000. Equity separate account portfolios within the DMAP Customized Investment Series require a $100,000 minimum. Dreyfus Municipal Separate Account Series national portfolios require a $300,000 minimum and state-specific portfolios require a $500,000 minimum.
Variable insurance products are offered through MBSC and Dreyfus Service Organization, Inc. (DSO), a licensed insurance agency. Fixed insurance products are offered solely through DSO.
Dreyfus Advisor Services is a division of MBSC. BNY Mellon Investment Management is the umbrella organization for BNY Mellon Corporation’s affiliated investment management firms and global distribution companies.
Investors should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about a fund, and read it carefully before investing.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.