Your 1 Minute Case Study On 401K Retirement Plans: Ultimate Plan Optimization
This week’s case study will focus on plan optimization from the 401kFiduciaryOptimizer database. As to be expected, northwestern parts of US which have a predominantly mountainous terrain and subsequently low density population areas also have less and much more scattered retirement plans in comparison to the highly populated areas in the country. So finding the...Read More
15 Weekly Stats: Week of August 6, 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
See how one financial advisor stays ahead of the competition
Prospective clients often treat advisors with indifference until they see a reason to engage with you. How do you engage them, earn trusted advisor status and separate yourself from competition? Watch a short video to learn how one advisor does in a video he made himself:
Analyzing the Do’s and Dont’s of Twitter Marketing for Financial Advisors
An article from The DigitalFA on the 43 Twitter Tips and Treats for Financial Advisors, provides excellent advice for financial advisors who are using Twitter to grow their business or are planning to integrate it into their marketing strategy. While every single point is important there are a few that will separate a successful twitter...Read More
5 Articles for your weekend reading list: August 3, 2018
Here are five suggested articles to read this weekend: 1. Cryptocurrency Comes to Retirement Accounts – While debate continues to rage over the efficacy of investing Bitcoin and other so-called cryptocurrencies in retirement accounts, platforms are increasingly available to make it happen. The latest, Equity Trust Company, announced that it has launched its digital asset...Read More
Fiduciary advisers should be weighing the risks and upsides of securities lending
Fidelity Investments is making 401(k) advisers’ lives a little more complicated. The Boston-based behemoth dropped some eye-popping news Wednesday: as of Friday, it will begin offering two index mutual funds with a price tag of 0.00%. Yes, funds free of cost to investors — the industry’s first. The funds, in the total-market and international equity categories, will be...Read More
Advice for plan sponsors on becoming better fiduciaries
Investment Fiduciaries typically have a close, ongoing relationship with their 401(k) plan. They consult plan participants and employers how to make better investments out of their retirement plan contributions and afterwards they pledge to continue monitoring the investments and assess their prudence over time. Still that is a role of a point in time fiduciary, serving...Read More
How millennials are under-investing in their retirement accounts
Lots of outlets have been reporting on how Millennials are under-investing in their retirement accounts and instead sticking with cash or just a regular bank savings account with little to no interest. 401kSepcialistMag proposes that the “risk-averse” younger generation may be victims of “post-financial stress disorder,” after 2008 market crash. While this may be true,...Read More
Top 5 Larkspur-Rixtrema Blog Posts for July 2018
Here are the most popular blog posts for the month of July 2018 from the Larkspur-Rixtrema team. Be sure to catch up on this month’s top articles: 5. Financial Advisor Tools: How to Prepare Your Client For a ‘Perfect Storm.When it comes to risk, a financial advisor must consider not only the investment portfolio, but...Read More
Excessive Fees Lawsuits Never Go Away
Not only professionals who work in the financial industry constantly hear about various lawsuits where participant-plaintiffs are suing plan administrators for breaching their fiduciary duty in the administration of the plan, but more and more of the participants and various law firms are scrutinizing retirement plans. (https://www.napa-net.org/news/technical-competence/erisa/excessive-fee-claims-dont-need-to-be-arbitrated-9th-circuit-says/) One of the most common reasons that can be...Read More