iSectors Ready Go! 401K Retirement Plan Solutions
Posted on: 12/04/2014
Great news! iSectors® has teamed with leading retirement plan providers to create iSectors Ready Go! 401K Retirement Plan Solutions. Financial advisors can now leverage the strengths and experience of a team of 401(k) industry experts. In conjunction with Expand Financial, July Business Services and Mid Atlantic Trust Company, iSectors Ready Go! 401K can help advisors start or expand a retirement plan component of their business.
iSectors Ready Go! 401K Retirement Plan Solutions is an easy, cost-effective retirement plan solution that provides:
- An opportunity for advisors to win more plans and retain existing business;
- An efficient approach that will simplify an advisor’s current book of business;
- A team of experts to help advisors with the complexities of the retirement plan business;
- The freedom to manage client relationships while a team of specialists handles the details;
- Open architecture and seamless integration with leading custodians such as Mid Atlantic Trust.
One of the strongest features of iSectors Ready Go! 401K solutions is the comprehensive line up of professionally managed models available for investment. Historically, participants chose from dozens of investment options or chose nothing at all (due to the complexity of the process) and created non-diversified investment programs. If they made any changes at all in subsequent periods, they would buy the best performing and sell the worst performing options (otherwise known as “buy high, sell low.”)
With iSectors Ready Go! 401K solutions, participants determine their targeted risk level (with fantastic tools to help them do so). That targeted risk level is then mapped to an appropriate investment model that is optimally allocated and diversified. Once invested, a participant will only need to change the investment model if or when their risk tolerance changes due to life events. Otherwise, iSectors will continually manage the funds utilizing its objective, time-tested processes.
Tom Gonnella of Strategies, LLC recently wrote an excellent article on designing 401Ks that really work. His main thesis is that the best retirement plans have choices that are exclusively composed of professionally managed models. The forward-looking retirement plan advisor will want to consider Mr. Gonnella’s points when creating plan proposals!
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