15 Weekly Stats: Week of October 8, 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 your weekend reading list: October 6-7, 2018
Here are five suggested articles to read this weekend: 1. Will Small Employers Adopt 401k Multiple Employer Plans? – President Trump’s “Executive Order (EO) on Strengthening Retirement Security in America” could be a game changer for the retirement prospects of workers at small businesses. (401kspecialistmag.com) 2. Unregistered South Carolina adviser get 6 years in prison for fraud –...Read More
Why It’s Time to Prioritize Your Marketing Budget as Financial Advisor
It is common knowledge that to make money one needs to spend money. It is equally important to properly allocate budget funds and maximize the ROI as a financial advisor. A recent article in Advisor Perspectives focuses on just that while breaking down what goes into the budget and estimating the cost for each portion...Read More
How to Create Tremendous Savings For Plan Participants Without Reducing Your Fees
ERISA based litigation is exploding. Targets of litigation include both large and medium sized plans. Legal challenges against Anthem, Boeing, Lockheed Martin, International Paper, MassMutual & Ameriprise are only some of the examples. Incentives to litigate are extremely high due to significant attorneys’ fees awards. Investment management fees on plan assets represent up to 80%...Read More
3(16) Fiduciary Services become more popular among Plan Sponsors
Recently, 3(16) Fiduciary Services became more popular among Plan Sponsors, who want to offload some of the work from their pension plan. In a recent conversation between Fred Barstein, founder and CEO of 401kTV and Darren Holsey, owner of Premier Retirement Plan Services, the following topics were raised: Too many plan sponsors are looking for...Read More
Your 1 minute case study on 401K Retirement Plans: Crash Testing a 401(k) Plan
In today’s 1-minute case study, we’re going to take a look at how we can “crash test” a retirement plan menu using the Portfolio Crash Test tool. Users of our 401kFiduciaryOptimizer will already have access to over 85k retirement plans across the country and can optimize their assets for lower cost alternatives, but using the...Read More
15 Weekly Stats: Week of October 1, 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
Top 5 Larkspur-Rixtrema Blog Posts for September 2018
Here are the most popular blog posts for the month of September 2018 from the Larkspur-Rixtrema team. Be sure to catch up on this month’s top articles: 5. How to Become an Expert on 404c Safe Harbor For Your Plan Sponsor Clients. Under ERISA plan sponsors or advisors who exercise discretionary authority are fiduciaries with significant liability in...Read More
The importance of explaining 401k-related calculations to plan participants
It is often difficult to keep up in the modern fast paced world. Many people sign up for their company’s 401(k) plan and then do nothing, thinking that the plan will automatically take care of everything. But it will not fly on its own like some fire-and-forget missile. Plan participants need to take on an...Read More
5 Articles for your weekend reading list: September 29-30, 2018
Here are five suggested articles to read this weekend: 1. Why Partnering With an IRA Rollover Provider is Right for 401k Advisors – Year-end planning for business owners takes on many forms. For those that sponsor 401k plans, it should include a review of the company plan and preparing amendments accordingly. (401kspecialistmag.com) 2. DOL Set to Propose Rule on...Read More