5 Practical Ways We Help Financial Advisors Thrive

Financial Advisors know that it takes a lot of work to manage a retirement plan. Advisors who work with businesses may want to offer 401(k) options as a service to their clients, but juggling the rules and regulations can be overwhelming. There’s no room for error—if you’re not sure what you’re doing you could face penalties and fees which could result in lost business. On the other hand, being able to provide this service to your clients is a differentiator that could keep your relationships going strong for decades.  

Outsourcing the work may seem too good to be true, or too expensive to attain. Not to mention the risk of trusting someone else with the details that mean so much to your clients. Is there a third-party you can trust to work for your clients with the same passion and dedication as you? 

We think so! We are experts in the law, the rules, and the regulations that enable you to offer your clients 401(k) options for their employees. You don’t have to spend precious time and energy keeping up with IRS and DOL requirements, we handle that so you can give more personal attention to your clients. 

Here’s How We Help Financial Advisors Thrive

1. At Future Benefits of America, we understand businesses of all sizes.

As a full-service record keeping and third party administration for Multiple Employer (MEP) and customized retirement plans, Financial Advisors are our ideal clients. We work hard behind the scenes so Financial Advisors can pour more energy and creativity into helping their business clients thrive. You cast the vision for your clients while we handle the detail work. 

2. We serve as an official record keeper so that you don’t have to. 

Trusting FutureBenefits of America can give you peace of mind that nothing is falling through the cracks. For Open MEPs, our partner Fiduciary Wise takes liability from the advisor and their firm while also giving exceptional investment guidance. Our solid record keeping practices help you see around corners to help you navigate the ever-changing road of the IRS and Department of Labor (DOL) regarding compliance.

3. We get to know the people behind the paperwork. 

Customer service is always our priority. There is no company too big or too small for us to help. We want to get to know you personally so that you can give your clients the best advice possible. Basically, we are here to make you look good. One thing we hear repeatedly is what a relief it is to have a personal relationship with the people helping them navigate this highly regulated industry. When you have questions we are only a phone call away. 

4. Our comprehensive technology ensures that nothing falls through the cracks.

Trustworthy record keeping is within reach! You can trust that our transparent processes are accurate and on time. We match our commitment to customer service with a comprehensive product suite provided by Schwab Retirement Technologies® giving you confidence through regularly established reporting and ongoing customer support. 

5. Helping your business clients offer retirement plans can cement your relationship.

In our experience working with more than 100 Financial Advisors nationwide, we’ve seen first hand what a difference it makes in the success of businesses like yours. Helping your clients offer retirement benefits to their employees solidifies relationships and gets you more referrals. Your clients are happy because they’re recruiting and retaining top talent, you’re happy because you now have a deeper relationship with your clients 

Next Steps

Schedule a call with us today and we can answer any questions you have. You can trust us to provide stellar customer service and do everything we can to ensure that you and your clients are having a good experience. If your clients ever have questions you can’t immediately answer, just give us a call and we can get you everything you need to help your clients thrive.