Products January 5, 2011

Folio Advisers Gain Access to HCM 401(k) Optimizer

Howard Capital Management (HCM) and Folio Institutional have made an arrangement to enable Folio-affiliated advisers and their clients to use HCM’s retirement plan analysis tool.  
Reported by

According to a press release, Howard Capital Management’s 401(k) Optimizer provides individualized advice for participants in 401(k), 403(b), 415(m), 457 and other company-sponsored retirement plans on a Web-based platform.The tool analyzes a plan’s available funds and provides a customized recommendation of how much to invest in which of the funds, based on a participant’s age, risk tolerance, and financial profile.

Advisers who sign up for the HCM 401(k) Optimizer Website are provided a privately-branded landing page on the site, featuring elements such as the adviser’s photo, company description, and logo. The adviser’s clients access the site using a special access code, and receive a 10% discount on the normal subscription charge of $348 per year (or $98 per quarter). 

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Following the initial analysis and recommendation, participants and their advisers receive quarterly e-mail updates recommending adjustments to the investment allocation.  The HCM 401(k) Optimizer may be used by advisers working with individual 401(k) participants, or those who service corporate 401(k) or other retirement plans.   

Deals & People January 5, 2011

Ridgeworth to Create Retail Sales Team

Ridgeworth Investments has chosen Bob Kuberski to build and lead a retail sales team in the newly-created role of National Sales Manager for the Retail Advisor channel. 
Reported by

Kuberski will be responsible for building a team of five to seven wealth consultants who will primarily call on advisers affiliated with broker/dealers and registered investment advisers (RIAs), according to a press release.   

“RidgeWorth has shown the ability to acquire significant assets from retail advisers in the absence of a team tailored to their needs,” said Kuberski. “Given the opportunity to form a highly effective group of consultants, and our ability to communicate RidgeWorth’s real value proposition directly to advisers, I am confident that we will see substantial growth in the retail channel in years to come.”

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 Prior to joining RidgeWorth, he was a Regional Vice President with Invesco.  From 1995 – 2000, he played professional football for the Green Bay Packers and New England Patriots and worked for Morgan Stanley as a financial adviser in the off-season.  He lives in Garnet Valley, Pennsylvania and is a graduate of the United States Naval Academy.  

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