What Plan Sponsors Learned at our Oct 17 2017 Workshop

Couldn’t make our 401(k) Workshop on October 17? No problem – here’s an executive summary for you. We are willing to bring the case studies to your site including the CPA and SHRM CEUs. Just let us know! Remember when “paradigm” was very popular in our business vocabulary? Well, we’re bringing it back! New paradigm: Leading Registered Investment Advisory (RIA) firm O’Reilly Wealth Advisors (OWA) is bringing large 401(k) retirement plan expertise to the small 401(k) plan market.  401(k) plans of total assets of $2M to $20M were studied. Compared to a competitive fee structure OWA RIA-led plan, unfortunately current big box provider plan costs are high and fee growth rate significantly higher. However, the typical big box providers (insurance and brokerage companies), and the brokers or registered representatives, some of whom may accept commissions from the big box providers, in our opinion, have failed to drive costs lower. Overall, the big box providers are many years behind the curve. Why rush? Business is profitable and plan sponsors have a lot of fires to fight everyday. We all know that we have a retirement crisis in the USA. People are not saving enough, early enough, to support a comfortable retirement. Millions of Americans working in small to medium size companies are experiencing lower growth in their 401(k) accounts than is necessary. It’s time the problem is fixed. It’s the not sole cause of the retirement crisis – but it is easily fixed, and will contribute toward improving this nationwide serious problem. Just as important as current cost in a 401(k) plan is the rate at which the plan costs grow as the...

Your Q3 2017 Report is Here

We’re having a great year. Of course, that will change and the markets will inevitably go down. Our models are up about 6 to 13% for the year.  The world outside USA is strong at 21%. This asset class is overdue – it’s been depressed for quite some time. For the quarter, our models were up from about 2% to 5%. The rest of the world and small stocks were the winning asset classes at 6.2% and 5.7% for the quarter.  Specifically under the heading of rest of the world, Emerging Markets was up around 8%. See our Model summary and trends here. See our detailed Q3 Global Report here. Call us with...