In our recent webinar, Kevin Amoruso, Director of DC Strategic Relationships at Pontera, was joined by ERISA attorneys at Faegre Drinker Biddle & Reath, and Jaron Carmichael, Director of Retirement Group at Mercer Advisors, as they discussed the ways retirement plan advisors can provide advice to the participants of their 401(k)s and how this helps retirement savers secure better outcomes while growing advisor AUM.
Here are the top 3 takeaways:
- Retirement and wealth management are converging. Kevin Amoruso noted that bridging this gap leads to more holistic planning and stronger relationships with plan sponsors and participants.
- Offering both services aligns with ERISA compliance. Fred Reish and Josh Waldbeser stated that advisors simply need to be transparent with clients about the role they play with each service.
- Plan participants want their retirement accounts managed. Jaron Carmichael found that clients gain confidence knowing a professional is including their 401(k) in line with their entire portfolio.
Click below to watch the full webinar: