401k & ESOP Services
As Financial Advisors affiliated with Wells Fargo Advisors Financial Network, our team has the ability to perform various duties to assist your company in effectively managing the organization's retirement plans, some of which are as follows:
- Assistance in drafting/reviewing the Investment Policy Statement
- Diversification review
- Due diligence regarding investment options
- Vendor search and review
- Participant education
Flexibility allows Hopkins, Romano & Collard Wealth Management to service your retirement plan with numerous retirement plan providers. In addition, we can serve in various capacities, such as a:
- Traditional Financial Advisor, or
- The Retirement Plan Consulting Program, or
- Institutional Consulting (minimum plan size of $10 million in assets)
In a traditional financial advisor role, Hopkins, Romano & Collard Wealth Management is designated as your plan's broker of record and we provide the above reflected services in coordination with a vendor/provider. We are paid directly through the vendor either through the plan's investment or in some situations a wrap fee that is added to the expenses of the plan.
An alternative to the traditional broker of record solution is our Retirement Plan Consulting Program. This program allows us to have complete fee transparency and provide unbiased consulting in a non-fiduciary capacity regardless of what vendor or product is being utilized.
When you work with Hopkins, Romano & Collard Wealth Management, you have someone who takes the time to listen and understand your needs. We are fully invested in your retirement plan's success and will help you stay on track to meet your goals.