Broker Check

Partner With Us

By Justin Pritchard, CFP® and Craig Ciarlelli, ChFC, AIFA

The retirement plan world is changing.  These plans have always required ongoing support and specialized knowledge.  Rules and regulations continue to evolve, and the burdens of serving as an advisor to plans such as 401k plans are increasing.  Some broker/dealers even limit the ability of advisors to work in this space.

With increased fee transparency and stiffer competition, some plan-sponsors may demand more than what they’re currently getting.  This can create problems if you are:

  • A TPA with plans at risk because advisors are not currently servicing plans adequately
  • A product vendor or wholesaler facing a potential exodus of assets
  • A financial advisor who is no longer willing or able to meet the needs of your retirement plan clients

The Solution

There is a way to help yourself and your clients while treating them with the care they deserve: partner with financial advisors who specialize in retirement plans.  Your clients will appreciate the fact that their plan is serviced by experienced pension professionals who:

  • Work with retirement plans regularly
  • Are up to speed on evolving regulations
  • Help clients manage fiduciary liability
  • Educate participants and support successful outcomes
  • Have staff, roles, and processes in place -- designed specifically for retirement plans
  • Want to be in the retirement plan space

We want to partner with you and serve the retirement plans you currently work with.

The Rewards

Your greatest reward will be knowing that your valued clients are getting the service they need and deserve.  In addition, you may still earn revenue.  One-time, ongoing, and earnout options are negotiable as long as all service providers, broker/dealers, RIAs, and/or other entities will accommodate the arrangement.

Your Relationships

If you partner with us, we can discuss existing relationships you have at the plan-sponsor.  At your request, we can be sure to steer your clients’ questions to you while working only with the retirement plan.  We will gladly communicate that we have been brought in by you as consultants to handle the 401k plan, and that executives should continue working with you on personal matters.

However, if you don’t want to work with individuals or participants in the plan, we are willing to work with them.

Next Steps

If you’d like to discuss partnering on plans, please contact us.  All discussions are confidential, and arrangements are made to ensure that everybody feels valued and comfortable -- especially your clients.