Stace Hilbrant, managing director of 401k Advisors LLC in Wilmette, Illinois, takes pride in his business’s face-to-face client service model. Hilbrant’s firm was one of the original founding firms of 401k Advisors USA, which was later renamed National Retirement Partners before being acquired by LPL Financial in 2010. In 2003, he incorporated in suburban Chicago as 401k Advisors LLC and sold his first 401(k) plan advisory services to D.A. Stuart Company, which makes products for the aluminum manufacturing industry. “I have that first check stapled to my wall,” he says.
Graystone Consulting–Danvers, Massachusetts, takes a holistic approach to advising retirement plan clients. This involves a combination of plan management, investment management and participant services, says Matthew McLaughlin, senior institutional consultant and financial adviser at the Danvers office of Graystone Consultin
g, a business of Morgan Stanley
Smith Barney LLC. “All three of those levers have to work together to have an
optimum plan, optimum outcomes,” he says.
Americans support maintaining retirement plan tax incentives
Court dismisses claims of improper investment selection
Making an impact in the wild and wooly world of 3(38) relationships
Settlement entered in Kraft excessive fees case
Government debuts lifetime income initiatives (cont.)
Communication designs make a difference with younger participants
How advisers can help sponsors avoid plan audits
Although focus has been on 408(b)(2), now is the time to prepare for 404(a)(5)
Small-plan advisers who move to a fee-based model find challenges
New products, highlights, and announcements.
Workplace retirement plan investors who use target-date funds (TDFs) feel more secure about reaching their retirement goals and managing their portfolios than those who do not use them.
If you update your Facebook status hourly and have thousands of friends, beware—this could peg you as a narcissist.
Retirement portfolios look good, yet investors still quaking
Many Baby Boomers retiring at 65
Employer to pay for failing to monitor RK costs
Younger workers look for employers with DB plans
Merrill Lynch appeals $10.2 million FINRA decision
To bundle, or not to bundle: That is the question
Eighty-four percent of professional service firms say compliance with regulations is their top concern when sponsoring retirement plans for their employees.
Minorities' retirement plans hardest hit by recession
Helping sponsors decide whether a target-date fund family still works for their plan
Tired of giving the same old presentations? Use these nuggets of information to spruce them up.
DCIO firms look to differentiate themselves with value-added services
In 2011, 18% of Vanguard retirement plan participants held extreme asset allocations—10% held only equities and 8% held no equities.
"Each year we find new names and faces within this process, advisers who we enjoy getting to know, whether through speaking at or attending our conferences, through email exchanges or because they become finalists for the awards. I hope that continues, and that we get a chance to know you—and your practices—even better this year."
At first glance, Pinterest looks like a haven for crafty moms, avid cooks and brides-to-be. The rapidly growing social network allows users to create virtual pinboards to collect, organize and share interests, many of them involving food and fashion.