There are many ways that a full-service financial firm like SK Wealth Management can help your business. But you may be surprised at just how significant that help can be.
While services like financial consulting, business consulting, financial planning and asset analysis speak directly to your business ear, our greatest assistance may come in a more subtle way.
There is no doubt that a company’s greatest asset is its employees. Without top-notch talent, no company can realize its true potential—no matter how hard the CEO and executive team work.
And, in the competitive world of recruitment and retention of talent, few things can make the difference that a well-managed, great-performing retirement plan can. If you want to attract and keep the best and brightest, there is no substitute for a rock-solid retirement plan.
That is where SK Wealth management can help most.
Using our proprietary Retirement Glidepath approach, our multi-disciplinary team can structure a retirement plan that helps your company and its employees build toward the future you dream of. We will take the mystery out of the equation, clearly outlining what your duties are and what your (and your employees’) expectations should be.
And, because we are a fee-only fiduciary, we are motivated only by what works for you—not what garners the largest commission. The difference is dramatic.
Also, as a full-service wealth management firm, we are perfectly positioned to help you and your employees manage their investments and wealth planning at all stages of their careers. Since we will be fully immersed in the details of the 401(k) or other retirement plans being offered by the company, we are uniquely suited to help the individuals within the company tailor their investment portfolios to complement and build upon your company’s plan.
How does it work?
First, we work with you and your team to design a plan that can meet your goals—whether that is to attract and retain talent, or to maximize the tax advantages available to you as a business owner. We will curate a menu of quality investment options that allows you and your employees to build wealth with confidence.
Next, we launch the program with educational meetings for you and your employees that will help them understand the benefits of participating and walk them through the enrollment process.
But, we don’t stop there.
As a true fiduciary, we will engage in ongoing financial wellness education. Our team will provide steady communication to ensure that your employees are kept up to date on their investments. We also will provide resources to help them work toward their individual financial goals outside of the company’s retirement plan.
Finally, we will provide an annual program report. As the plan sponsor, you will want to know that your plan is efficient and cost-effective. We will provide you with a review of expenses, investment choices, participation rates, and benchmarking reports—which allows you to limit your liability and focus your attention on what you do best, running your business. During the review, we also take the opportunity to schedule the ongoing support over the next calendar year, to make sure that it fits with your business plans.
If you are ready to take your business to the next level with a great-performing retirement plan, give SK Wealth Management a call today—we are ready to help!