Please refer to our transcription below if it is easier and/or more convenient for you:
Thank you for taking the time to visit our site and consider instituting fee billing at your organization and partnering with local registered investment advisors in your community.
I really wanted to make this short video as an intro to the plethora of information that I provided on our website here which really breaks down why it is a great trend that you can do to help your employees have access to a better fundamental set up of having investments and having help if they need them and why they might need them. I provided a few other videos if you look down over to the right that go into more detail about various concepts so I’m going to try to keep this one short and really an introduction. (Click here to goto the “Fee Billing” main webpage)
There’s three main points:
There’s a lot of supporting evidence that I’ve put down through the webpage that you can read and look up from various expert sources such as Morning Star, DALBAR, straight from SEC and other nonprofits that have an interest in this subject and helping investors and employees.
Good financial advisors help investors, your employees, get closer to making long term market averages. Unfortunately, the average investor does about 3 to 4% behind the market averages per year which over long periods of time is catastrophic in terms of how much money they’ll accumulate. A lot of the industry leaders such as TIAA CREF and Fidelity and Vanguard have realized this and that’s why you may have heard this and are taking the time is maybe one of those providers has approached you to say hey, would you like to institute fee billing? I really try to put out some of the information here so that you can make a better decision on that.
Advisors, that are good, credentialed, know what they’re doing, that are helping their clients with investment allocation, re-balancing over time, retirement planning, tax planning, income strategies, bring about 1.4 to 2% per year in value. This is actually something that Morning Star tracks now, it’s called Gamma; there’s a good research white paper on it down there that you can read.
Lastly, you already have representatives generally available through your different providers to your clients. However, no one in your plan, only except for you – the employer – is a fiduciary. Nobody has the obligation to do what’s right for your employees before themselves except for independent RIA’s. Ironically, with the better service, with having to act as fiduciaries on average we can provide the service for about 30% less then most of the advisor oriented options that are available today.
When you look down through, we really believe that this is what’s good for employees and also it’s almost a no brainer.
We welcome your questions. Please read through our content, I hope it helps. We would be more than happy to either come see you personally, if you would like to talk about this in more detail, or if you’re farther away or we have hard schedules to connect then we can also do web conferences or webinar.
Thank you very much for your time and please let us know how we can help anytime.
Fiduciary & Fee-Only Financial Advisors and Planners
rebel Financial is a Registered Investment Advisor that provides retirement planning, estate planning, financial planning and investment management services to it’s individual and institutional clients.
A more detailed description of the company, its management and practices are contained in it’s Firm Brochure (Form ADV, Part 2A).