independent, integrated & simple

Transcription

1 chart a unique course to a successful retirement plan independent, integrated & simple embark created and distributed by :

2 I am excited to present you with information about our retirement plan services. We look forward to building a long term relationship with your firm by providing bestin-class, custom retirement services. Expand Financial, LLC provides comprehensive retirement plan solutions through our strategic industry partnerships unaffiliated partners who provide the expertise and experience, along with the fiduciary oversight required to deliver a premium retirement program to your clients. We call our partnership strategy embark. embark allows us to build a platform that fits your firms existing infrastructure, with the ability to utilize various national and local service providers. Boasting leading-edge technology and support, a commitment to the highest fiduciary standards, and flexible compensation arrangements, embark is your one-stop qualified plan solution. Enclosed is basic background information for your review. Additional information can be provided upon request. Sincerely, Nichelle M. Rizk, CRSP AIF Vice President Expand Financial, LLC (336) Cell (336) Office nrizk@expandfinancial.com comprehensive fiduciary solutions

3 Greg Bakke President CEO Office: Greg Bakke is a co-founder, CEO and the Managing Partner of Expand Financial, LLC. Prior to cofounding Expand Financial, Greg spent more than twelve years in senior management positions as Chief Technology and Chief Information Officers at First Trust Corporation, FiServ and Trust Company of America (TCA). Greg's background includes over 20 years of experience in finance and technology. Greg received his Bachelor of Science degree with a focus in Business Administration (finance/accounting) from the University of Colorado at Boulder, as well as a Masters of Science degree in Computer Information Systems from the University of Denver. Greg is FINRA Series 7 and 66 licensed, holds a Colorado State Life, Accident and Health Insurance license, and also maintains a certificate as a Global Fiduciary Strategist (GFS). Nichelle Rizk is a Senior Relationship Manager and Consultant for Expand Financial, LLC. She has over 27 years of experience in the bank and trust fields, with an emphasis on retirement services management and business development. She has held management positions at Wachovia National Bank and Trust, and High Point Bank and Trust where she served as the Manager of Retirement Services and Sales. Nichelle is a graduate of High Point University and has obtained the Certified Retirement Services Professional (CRSP) designation from the American Banking Association, and AIF. She also holds series 6 and 63 licenses. Nichelle Rizk, CRSP AIF Sr. Relationship Manager nrizk@expandfinancial.com Office: (336) Cell: (336) your embark architects :

4 Let embark navigate the liabilities and complexities of retirement plans for your advisors. We believe passionately in full disclosure, separation of duties, and fiduciary oversight. We are industry experts, committed to developing longterm valuable relationships. And, we promise to exceed expectations for service, accountability and simplicity. embark is unique

5 Access to experts committed to their niche Resolves conflict of interest concerns for rollovers Fees and providers benchmarked and reviewed Partnering with unaffiliated experts is a prudent approach to delegation Providers examined and regulated Highly flexible compensation and service platform Administrative and Investment liability delegated as a team of unaffiliated experts

6 Flexible Solutions The embark team has the ability to build a custom solution, rather than forcing your advisors and clients into a one-size-fits-all solution. We understand the complexities of the retirement plan market, as well as the fiduciary responsibilities and challenges sponsors and advisors face. Overall, our goals are to: Absorb fiduciary liability for plan investment and administrative decisions Make it simple and easy for your advisors to provide a sophisticated, prudent retirement plan solution. Increase retirement readiness through employee education and targeted communications Document and archive plan reviews, benchmarking, and investment monitoring Tailored to You We listen to your goals and challenges, and create a customized, evolving sales program that s right for you and your advisors. Your advisors will have a dedicated and available service team of retirement and investment experts. We honor established loyalties and can typically integrate preferred providers into our solution. Compensation arrangements are flexible and fully disclosed. our approach sets us apart

7 . embark features and deliverables plan sponsor delegates responsibilities contractually 3(38) Investment Fiduciary Relationship Management for embark Simple, participant centric approach Owns investment decisions for the plan Creates and maintains Investment Policy Statement Monthly monitoring and quarterly reporting Interactive committee meetings with minutes No proprietary investments open architecture Efficient and consistent methodology Employee Education 3(16) Plan Administrator and Fiduciary (Optional) Compliance testing & document review Annual plan review and documentation with committee Notice review & fulfillment 5500 review and submission E&O Coverage and Fidelity Bond provided for plan QDRO, loan, and hardship approval Fee Benchmarking and vendor review ERISA Counsel available Recordkeeping/Compliance Services Robust and intuitive website and mobile-app Web-based education and enrollment Asset and participant activity accessible on demand Compliance testing and 5500 preparation Custody Annual trust statements and accounting Paying agent & tax reporting independent, integrated & simple

8 Service Provider Responsibility Embark design and relationship management for plan sponsor. Responsible for participant education. Provides 3(38) investment advisory oversight, chooses and monitors plan investments, and owns associated liability. Daily participant account valuation, plan document preparation, 5500 reporting and compliance testing. Owns 3(16) administrative decisions and deliverables, and associated liability. Ensures plan is operationally compliant and benchmarks fees and services. Custodian of Your Choice Provides custodial responsibilities including trust accounting, daily net settlement, asset valuation, paying agent and tax reporting. embark partners

9 Financial advice is offered through efiduciary Advisor a SEC Registered Investment Adviser. Expand Financial, LLC is not a subsidiary or control affiliate for efiduciary Advisor. 3(16), Record Keeping and TPA Services offered by third parties not affiliated with efiduciary Advisor or Expand Financial, LLC. Embark brand created and distributed by Expand Financial, LLC.