Life moves quickly. A real estate opportunity surfaces. A business deal comes together faster than expected. A dream renovation finally feels within reach. The question isn't whether you're ready, it's whether your capital is.

For many of our clients, the answer doesn't have to mean selling investments or disrupting a financial plan that's working. Through our relationship with Raymond James Bank, The Manning Companies clients have access to a Securities Based Line of Credit (SBL) — a flexible borrowing solution that lets you put your portfolio to work without liquidating a single share.

What is a Securities Based Line of Credit?

An SBL allows you to borrow against the eligible assets in your investment accounts, establishing a flexible line of credit that can be drawn on when opportunity knocks or life demands it. Your investments stay invested. Your financial plan stays intact. And you gain access to liquidity on your terms.

With Raymond James Bank, Manning clients have access to an SBL with no upfront, maintenance, or closing costs, a minimum $100,000 initial credit limit, and flexible repayment methods. You determine how and when to repay beyond monthly interest.

It's worth noting that an SBL through Raymond James Bank requires non-qualified assets, meaning assets held outside of retirement accounts such as IRAs or 401(k)s. If you're unsure which of your accounts may be eligible, we can walk you through your specific holdings.

Why Manning Companies clients have an advantage

Our direct relationship with Raymond James Bank gives The Manning Companies clients access to an SBL with features designed to make borrowing straightforward and cost-effective:

• Streamlined application process
• Competitive pricing
• No upfront, maintenance, or closing costs
• Flexible repayment options

Why consider an SBL over traditional financing?

Traditional lending options — bank loans, home equity lines, personal loans — often involve lengthy underwriting, rigid repayment structures, and costs that add up quickly. An SBL offers a streamlined alternative. The application process is straightforward, loan approval typically comes within a few days, and the interest rate is often more competitive than other traditional lending sources.

Perhaps most importantly, borrowing against your portfolio means you don't have to sell investments at an inopportune time. Liquidating assets to access cash can trigger capital gains taxes and pull you out of positions you've held intentionally. An SBL sidesteps both of those costs, keeping your strategy on track while giving you the flexibility you need.

What can an SBL be used for?

The flexibility of an SBL makes it relevant across a wide range of life and financial situations. Some of the most common uses include:

• Purchasing or renovating real estate
• Taking advantage of a time-sensitive investment or business opportunity
• Covering tax obligations without liquidating your portfolio
• Funding tuition or a major life event
• Supporting or launching a business venture
• Purchasing luxury items or planning a significant personal experience
• Consolidating debt at a potentially lower interest rate
• Acquiring equipment, increasing inventory, or hiring and training new staff for your business

A powerful tool for business owners

For business owners, an SBL opens up an additional dimension of flexibility. Rather than tapping personal savings or navigating traditional business financing, you can use the borrowing power of your personal or business brokerage accounts to establish a loan in the name of your business. This keeps your personal assets working for you while giving your business the capital it needs to grow, bridge a cash flow gap, or seize an opportunity when timing matters.

Maintaining your investment strategy

One of the most compelling features of an SBL is what it doesn't disrupt. While your accounts are pledged as collateral, you retain the ability to buy, sell, and trade within those accounts. You continue receiving interest and dividends. Your long-term investment strategy remains fully intact and the line of credit simply runs alongside it, available when you need it.

Is an SBL right for you?

A Securities Based Line of Credit isn't the right fit for every situation, and like any financial tool it comes with risks worth understanding fully before moving forward. That's exactly the kind of conversation we're here to have.

If you're curious whether an SBL makes sense given your portfolio and your goals, we'd welcome the conversation. Reach out to our team and let's explore your options.

A Securities Based Line of Credit (SBLC) may not be suitable for all clients. The proceeds from an SBLC cannot be (a) used to purchase or carry securities; (b) deposited into a Raymond James investment or trust account; (c) used to purchase any product issued or brokered through an affiliate of Raymond James, including insurance; or (d) otherwise used for the benefit of, or transferred to, an affiliate of Raymond James. Raymond James Bank does not accept RJF stock or any securities issued by affiliates of Raymond James Financial as pledged securities towards an SBLC. Borrowing on securities based lending products and using securities as collateral may involve a high degree of risk including unintended tax consequences and the possible need to sell your holdings, which may lead to a significant impact on long-term investment goals. Market conditions can magnify any potential for loss. If the market turns against the client, he or she may be required to quickly deposit additional securities and/or cash in the account(s) or pay down the loan to avoid liquidation. The securities in the Pledged Account(s) may be sold to meet the Collateral Call, and the firm can sell the client’s securities without contacting them. A client is not entitled to choose which securities or other assets in his or her account are liquidated or sold to meet a Collateral Call. The firm can increase its maintenance requirements at any time and is not required to provide a client advance written notice. A client is not entitled to an extension of time on a Collateral Call. Increased interest rates could also affect SOFR rates (or any successor rate thereto) that apply to your SBLC causing the cost of the credit line to increase significantly. The interest rates charged are determined by the market value of pledged assets and the net value of the client’s non-pledged Capital Access account.

Securities Based Line of Credit provided by Raymond James Bank. Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, member FDIC.