Vital Tips to Offering Fiduciary-Friendly Rollover Advice
One fiduciary-friendly rollover advice can come in the form of the explanation why rollover would benefit a client. For example, if a client currently has 401k plan with an employer, rolling over part of the contributed money can help a client to take a better control of the investments and retirement planning. During the rollover,...Read More
The Importance of Making a Sample Financial Plan For Your 401k Clients
In his recent Periscope broadcast, Michael Kitces talks about the necessity to create a Sample Financial Plan for prospective and new clients as an essential step in building trustful relationships with clients, leading to comfortable sharing of their financial information. Originally, gathering forms with financial data has been a challenge, not only because of the...Read More
15 Weekly Stats: Week of November 5, 2018
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature weekly update with permission: Matt...Read More
5 Articles for the financial advisor weekend reading list: October 27-28, 2018
Here are five suggested articles for financial advisors to read this weekend: 1. Eight Reasons a Financial Crisis is Coming – It’s been about 10 years since the last financial crisis. FocusEconomics wants to know if another one is due. (moneymaven.io) 2. ‘Professional Fiduciary’ Indicted for Fraud, Embezzlement – Alleged husband and wife grifters Jeff and Wendy Richie were indicted Wednesday...Read More
Why 401k Financial Literacy Should Never Be Overlooked
In 401kSpecialistMag’s recent interview of Heffernan Financial Services’ Blake Thibault, we heard about the importance of 401k financial literacy for somebody’s financial wellness. How can somebody be financially well if they don’t understand many basic principles of financial literacy? The answer is that it’s pretty difficult. Many people still aren’t very educated on how to...Read More
What Can You Do As a Retirement Plan Advisor to Help Plan Sponsors?
According to Fidelity’s most recent plan sponsor attitude’s survey, we know that 92% of plan sponsors do use a plan advisor. It’s also been shown time after time, that having a financial advisor on the plan is a great benefit to sponsors and participants alike. So we’ve thought up some of the best ways that...Read More
Larkspur-Rixtrema to Showcase the Larkspur Executive Tool at the Excel 401(k) Conference
Come meet us at this year’s Excel 401(K) The Advisors’ Conference, where we will be showcasing our recently released Larkspur Executive tool along with other advisor tools we have to offer. When? October 28th – 30th, 2018 Where? Caesars Palace, Las Vegas|Exhibit Hall: Milano| Table 6A. For a full map and where to find us click here. Growing...Read More
Experts’ Views Concerning the Proposed DOL Rule to Expand Open MEPs
On Monday, Department of Labor proposed a new rule to allow small businesses to pool together to offer workers retirement plans. This can be seen as direct response to the executive order signed by President Trump on August 31st. Here is what experts had to say about the newly proposed rule and its impact on...Read More
What Fiduciaries to a Retirement Plan Need to do for the Best Plan Design
Advisors who work with plan sponsors should always be focused on creating value when designing a retirement plan to benefit plan participants. The greatest benefit of having a retirement plan is the opportunity to save money and then use it to retire comfortably. In that the retirement plan becomes a vehicle to replace income stream...Read More
15 Weekly Stats: Week of October 22, 2018
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature weekly update with permission: Matt...Read More