Why 401k plan fee benchmarking should be important to every Plan Fiduciary
Financial Advisors and 401(k) Plan Fiduciaries have been long obligated to explain or justify their fees, based on the scope of their services, the quality and the value they deliver to 401(k) plan clients. Сertain aspects of benchmarking are “non-negotiable” as Plan Fiduciaries are required to ensure that they are paying only reasonable plan expenses....Read More
5 Articles for your weekend reading list: September 1-3, 2018
Here are five suggested articles to read this weekend: 1. Companies Without a 401k Miss Out on Top Talent– The spotlight’s been focused on employee benefits lately, with a steadily low unemployment rate that’s left businesses scrambling to stand out while granting jobseekers the luxury of being picky. (401kspecialistmag.com) 2. Trump Wants Retirement Saving Rules Expanded...Read More
How Financial Advisors Can Turn a Cold Call Into a Discussion of Value
Webinar from 10th of May 2018, showing how Prospect of Wealth allows you to find High Net worth individuals in your area and reach out to them with a dialog about the Risk of their 401k using advanced Stress Testing from RiXtrema
Your 1 minute case study on 401K Retirement Plans: Improving 404(c) Diversification
For this week’s Larkspur-RiXtrema case study, we’re going to take a look at a plan’s investment menu and how we can improve on it’s diversification to satisfy 404(c) requirements. By default, the 401kFiduciaryOptimizer will build a proposed plan menu of quantitatively similar funds that are low cost. However, using the 404(c) Diversification report, we can...Read More
15 Weekly Stats: Week of August 27, 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: Contact...Read More
5 Articles for your weekend reading list: August 25-26, 2018
Here are five suggested articles to read this weekend: 1. More Young Participants Committing 401k Faux Pas – Early withdrawals from 401ks and other retirement accounts are on the rise among younger Americans, many of whom seem to have a skewed perception of what it takes to retire successfully. (401kspecialistmag.com) 2. Advisors Gaining Access To Clients’ Digital Assets –...Read More
What SEC Best Interest Proposals Mean for Investment Advisors
In April, the Securities and Exchange Commission issued three proposals concerning the standards of care for investment advisors and broker-dealers. RIAs should review and understand these proposals because they may, if finalized, make material changes in the regulation of investment advisors and will introduce a new, and potentially confusing, best interest standard for broker-dealers. While...Read More
Video: Learn About Portfolio Crash Testing in 4 Minutes
Stress test your clients’ portfolios. Learn how to educate clients about risk/return tradeoffs. Gain new clients by showing prospects the risks that they face and the return potential in one simple screen. Portfolio Crash Testing is a tool developed for advisors who want to raise their game. Watch the video below to learn how:
Risk Modeling in the Past and Future with Portfolio Crash Testing
The previous blog posts (From Client to CEO: Does Portfolio Crash Testing Really Work? & The Proof Is In The Pudding: How Portfolio Crash Testing Worked for Me.) in this series delved into the DNA of PCT and my personal experience utilizing the Riskostat application that the PCT technology is based. In this post I...Read More
Your 1 minute case study on 401K Retirement Plans: A Rollover to an IRA Account
Regardless if your clients are plan sponsors or individuals who invest in their retirement accounts, as the advisor you can be a great fiduciary by helping them to achieve their goals. You can accomplish this by diligently reviewing plan options, finding a more affordable plan administrator, screening for the best investment funds that will suit...Read More