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Sleazy, good post.
Sentinel has grown, they deal with many of the large players, one of which is TransAmerica Life. Huge.
Money in that Challenger fund doesn't have to be touched though. It is safe. The return is, well, I'm happy with it so far. I'm invested aggressively, but not TOO aggressively.
You're right about the period of time where the money isn't totally protected/sheltered, but that is in place for a reason. Some guys try to "hide" funds in such an account the second they are in jeapardy, and courts tend to frown on that. So yeah, you better off to have your money in there long-term. My fund has been in existance for over 2 years now, and my rep at Transamerica tells me that they would fight to protect my interests on my behalf. I'm told that 5 years is the generally accepted period.
Btw, if you built up a base of over $13 mil in client investments, why would you walk away from that? I told my investment guy the part about "My average client's income was over $100K/year." and he laughed. It was a big genuine belly laugh.
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