Questions For Your Retirement Plan Advisor
We Make The Complex Simple
If they can’t say yes to these seven questions, you could be doing better.
We all know that satisfied and valued employees can help improve your company’s profits. As a wise employer, you know that a retirement plan significantly benefits attracting and retaining a solid and enthusiastic workforce. Companies typically use their in-house resources or partner with an investment advisor. But how good is your plan advisor?
Asking the questions below can help you determine whether you’re working with the best advisor for your needs:
1. Is Your Advisor A 3(38) Fiduciary?
2. Do They Tailor Retirement Spending Reports For Every Employee?
3. Do They Offer A Comprehensive Financial Plan For Every Employee?
4. Do They Provide Special Education Sessions?
5. Do They Provide Documentation That Protects You, The Trustee?
6. Do They Have Little To No Change In Their Investments Menu?
7. Does Your Advisor Provide A Fee Audit Report?
Where Does Your Advisor Stand?
If your advisor answered no to any of these questions, let alone all of them, you could be doing better for yourself and your employees. Wellspring Financial Partners is proud to say we can respond YES to all seven questions! Remember, your legal responsibility is to do the best you can for your plan participants, including yourself.
We want you to join our team of successful clients and can prove why we stand out from the rest.
How We Make Retirement Plan Management Simple
Negotiating and managing fees to keep them reasonable and competitive when benchmarked against plans of similar size and demographics, which saves our plan sponsors valuable time researching and comparing fees
Providing quality investments and professional investment advice while keeping you informed, current, and compliant
Acting as a liaison between administrator and record-keeping to ease your administrative burden
Managing other service providers surrounding your plan
Acting as a comprehensive financial advisor for all plan participants and their families, helping them manage their financial futures