David Schmidt, CEP • Kansas City, MO
Promillennial Wealth Guidance • Securities America Inc.
Agood amount of our new business in the near future will come via the creation of a brand and service we are rolling out, 401KUSA. Through our relationships with third-party investment managers, we now provide sophisticated, risk-managed investment strategies to eligible 401(k) plan participants at various companies and professional firms. Our initial companies are primarily local health-care companies and legal firms.
We help eligible participants take full advantage of their retirement accounts through the benefits of investment strategies using dynamic risk management. We are excited by this opportunity to serve current and future clients by helping them mitigate market volatility in their retirement accounts while seeking growth opportunities through full market cycles.
We reach out to the human resource departments of eligible companies and highlight the value-added service we can provide to their employees with minimal effort required from the company. Optimally, we will be seen as a trusted and valuable resource for both the employer and their employees. In some cases, we may have group meetings with employees, followed by individual sessions. We may also work directly with individual employees.
Our presentation and “reason why” for plan participants will cover the following talking points:
- If you are like many investors, your workplace retirement account is composed of a variety of traditional asset classes meant to provide diversification in the event the market declines. While this type of passive, simple diversification may be enough to keep your retirement savings on track during a short and shallow market decline, you may also need something more powerful—an active, responsive defense—to keep a severe and long-lasting bear market from derailing your financial plan.
- As professional investment managers, we’ve learned that the severe ups and downs of volatile markets don’t have to be scary. Profitable opportunities—and defensive tools—exist in all market environments—even bear markets—if your investment portfolio is equipped to take advantage of them.
- You can now have professional customized management of your retirement portfolio working with a highly qualified investment advisor—rather than cookie-cutter portfolio options. We can help you determine appropriate dynamically risk-managed strategies for you based on your expressed goals, risk tolerance, time horizon, and financial situation. One of the benefits of working with a firm like ours is the comfort of knowing that you have a team of professionals continuously monitoring your investments and keeping you on track.
- Having a knowledgeable and understanding advocate for your retirement investment planning will take away the burden of making those difficult investment decisions each year on your own. You can unlock a new world of investment choices beyond the basic core and target-date investments offered by the standard workplace retirement plan—and a professional investment team that includes your financial advisor to help you manage it all.
Disclosure: Securities offered through Securities America Inc., member FINRA/SIPC. Advisory services offered through Securities America Advisors Inc. Promillennial and Securities America are separate entities. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is no guarantee of future results. Please note that individual situations can vary. Therefore, the information presented here should only be relied upon when coordinated with professional advice.
This article was originally published in Proactive Advisor Magazine on June 22, 2023 (Volume 38, Issue 12). As of 2024, Mr. Schmidt is registered with Osaic Wealth Inc.
Photography by Steve Puppe
