Our Process
Our Process for Small Business Retirement Planning
Our firm is nationally recognized for our best-in-class retirement plan services. We understand that every corporate retirement plan is unique so our plan designs are customized to each client, but in order to meet our Fiduciary responsibility our process always remains the same.
Introduction
Our process begins by learning about your business and the needs of you and your employees. We collaborate to define a clear set of goals and objects while evaluating current practices. Key topics include the status of your plan’s investment committee and employee education program.
Develop Investment Policy Statement (IPS)
We’ll focus on developing and updating the Investment Policy Statement (IPS). We meticulously review the existing investment policy, making necessary updates and modifications to align with changing market conditions and client preferences. This ensures that our clients' investment strategies remain in line with their evolving financial goals.
Design
a Fund Menu
We concentrate on designing a tailored investment menu for each client. This includes selecting a target date fund strategy, evaluating utilization and diversification of asset classes to determine an appropriate risk tolerance and investment objective. Our goal is to create a diversified portfolio that maximizes returns while managing risk effectively.
Fund
Benchmarking
Benchmarking investments is another critical aspect of our process. We establish benchmarks to measure the performance of investments against industry standards, evaluate performance regularly, and monitor investments closely to identify underperforming assets. This proactive approach allows us to make informed decisions and optimize our clients' portfolios.
Investment
Committee
We maintain a formal investment committee comprising a select group of individuals, including ownership or key personnel. This committee plays a crucial role in overseeing the investment process, ensuring strategic decision-making, and maintaining accountability throughout the investment journey.
Participant
Education
We work with company leadership and the Investment Committee to develop an education program designed to meet the needs of participants.
Our Process For Individuals and Families
Developing a retirement roadmap is key to our client’s financial success. Our process helps evaluate a client's current retirement readiness and to ensure retirement goals are met.
Step 1:
Initial Introduction
We aim to understand your financial goals and needs while also sharing insights in our approach and services.
Step 2:
Complimentary Retirement Plan
We conduct an inventory of your assets, including liquid and illiquid investments, insurance, debt and retirement accounts to evaluate potential risks or shortfalls in your retirement plan.
Step 3:
Build A Wealth Strategy
We develop a personalized proposal that considers your objectives, taxes, and risk tolerance utilizing a wide range of strategies and ideas.
Step 4:
Collaborate
We work with a close network of tax and legal professionals to optimize the efficiencies in your wealth strategy.
Step 5:
Monitoring & Regular Reviews
We believe regular review meetings to benchmark performance, fees, and your retirement plans progress are the cornerstone to our clients success.
