Tag: Financial Advisor

401(k) plans can be complex due to the number of service providers required to make a plan run. This typically includes your Recordkeeper, TPA, Custodian, Advisor, Broker, Auditor, and Plan Fiduciaries.  After outlining the roles of these service providers in a previous article, we had a few clients request a breakdown more specifically on plan […]

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There are over 600,000 registered investment representatives in the United States that work out of over 30,000 advisory firms. Not all of those advisors work with 401(k) plans. There are many advisors that advise on 401(k) assets on an individual basis without being the named advisor for the plan. A plan advisor would generally have […]

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401(k) plans are complex and often difficult to understand due to the number of service providers and regulations required to make a plan run and keep it in compliance – not to mention the long list of industry acronyms that get thrown into 401(k) discussions and documents. We’re often asked by plan sponsors to clarify […]

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If you’re a 401(k) plan advisor, then you’ve likely experienced the frustration of getting roped into plan roles and conversations that somebody else should be handling. You’ve taken calls from participants about web access, loans, withdrawals, or other administrative questions.  You may have also received calls from a plan sponsor with questions about plan design […]

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