Retireholics - 401k Plan Industry Show for Advisors

Retireholics - Secure 2.0 - Beagle - Tax Credit Calculators

Beagle Co-Founder Jeffrey Tha explain how Beagle helps participants find and move their forgotten 401k account balances. https://meetbeagle.com/ Headlines: ForUsAll to Offer 401(k) Crypto Investments Via CoinDesk Indices With younger workers in mind, deal creates the first index-based digital asset offering available on a 401(k) platform in the U.S. Some 401(k) participants will soon be able to invest part of their 401(k) directly into the constituents of the CoinDesk Market Select Index (CMIS) under terms of a deal announced today by ForUsAll and CoinDesk Inc. -401k Specialist House Passes Resolution to Repeal DOL 401(k) ESG Rule The resolution catalyzes the debate over whether to allow ESG investing considerations in retirement savings plans, with the Senate next to weigh in. The U.S. House of Representatives approved a resolution to overturn a Department of Labor rule passed in November 2022 allowing for, but not mandating, environmental, social and governance investing in retirement plans. -PlanAdviser

Michelle Richter on Retireholics

Headlines:
MILLENNIALS HAVE SOLVED THE RETIREMENT CRISIS
401kspecialistmag.com/surprising-percentage-of-millennials-counting-on-crypto-for-retirement/

Surprising Percentage of Millennials Counting on Crypto for Retirement - 401K Specialist
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor.
401kspecialistmag.com

ARA NOT DIGGING NEW LEGISLATION
napa-net.org/news-info/daily-news/ara-expresses-opposition-protecting-americas-retirement-security-act

ARA Expresses Opposition to Protecting America’s Retirement Security Act | National Association of Plan Advisors
The American Retirement Association expressed its opposition to the Protecting America’s Retirement Security Act (PARSA) in an April 5 letter to lawmakers. “Our opposition to this legislation is based on both its substance and its process,” writes ARA CEO Brian Graff.
napa-net.org

TECH THAT ALLOWD ADVISORS TO MANAGE PARTICIPANT'S 401k FOR THEM
planadviser.com/pontera-mutual-group-launch-new-partnership/
Pontera and Mutual Group Launch New Partnership | PLANADVISER
The new relationship provides affiliated advisers with a simplified way to manage their clients’ retirement accounts and held away accounts from a single, secure interface. Financial technology company Pontera, formerly known as FeeX, has announced that it has formed a partnership with Mutual ...

David Donaldson - Former DOL Investigator

Headlines today: 
NAPA LIST OF ADVISORS BY ASSETS and PLANS
https://www.napa-net.org/industry-intel/industry-lists/top-dc-advisor-teams-2021

DC Multi-Office List
https://www.napa-net.org/top-dc-advisor-multi-office-firms-2021

GOLDMAN SACHS BUYS NEXT CAPITAL
https://www.cnbc.com/2022/03/29/goldman-sachs-is-buying-corporate-retirement-plan-robo-advisor-nextcapital.html

SECURE ACT 2.0
https://401kspecialistmag.com/house-passes-secure-2-0/

Onstage at the American Trust Conference - Guest: John Moody

How to grow a company from 5 to 200 million. 
Are Recordkeepers a threat to Advisors?
Will VC investors win with 401k Distuptors?

Founder & CEO at Ubiquity Retirement

Discussing small biz 401k plans, industry disruptors, technology and more!

Chief of Police - Ryan Johansen

Chief Of Police at City of San Bruno.  Founder of an amazing organization http://everpresent.Love enables you to easily create a library of video messages to ensure that you are forever loved, forever remembered and forever present for the people you love most.

David Blanchett - Retireholics

Managing Director, Head of Retirement Research, PGIM DC Solutions

Leah Sylvester

Partner | Director - Retirement Plan Services at Shepherd Financial, LLC

 

Josh Itzoe joined as a guest host, because Robe Guy was getting drunk at the Pebble Beach AT&T Pro-Am

Carl Engstrom - Plaintiff’s Attorney

"Excited to talk about 401(k) litigation and the plaintiff attorney's place in the retirement plan ecosystem with the Retireholics crew this Thursday!"

John Sullivan - 401k Specialist

Odell Beckham Jr. bitcoin play, was it dumb or just another investment and no big deal? The U.S. Supreme Court on Hughes v. Northwestern for excessive fee case and what it means.

Eric Phillips from Human Interest

Do 401k Unicorns exist? Human Interest has raised over 335 million in funding and has it eyes set on an IPO in the near future. The Retireholics welcome Eric Phillips, CFA the Sr. Director, Partnerships & Strategic Insight for Human Interest.

Keith Gredys

Transamerica Lawsuit, Better Plan Designs, Why Many Fiduciaries are Blowing It, TPA Advisor Relations,  and more.

 

Guest: Keith Gredys

Chairman/CEO The Kidder Company/Fuerza Financial, Inc.

William Hackler at Wealth@Work 2021 in Nashville

After a late night of karaoke, the boys all get together at the crack of noon and talk to our buddy Will Hackler.

Laura Rogers of OneDigital

Laura (Clark) Rogers, MBA, AIF is the Director of Financial Elements at OneDigital.

Daniella Moiseyev with the Retireholics during Wealth@Work 2021

Friend of the Retireholics and salsa maker Daniella Moiseyev stopped by the couch during the Wealth@Work 2021 Advisor Conference in Nashville.

Chris Panagiotu of CAPitalize Your Finances

Wealth advisor Chris Panagiotu talking about financial planning as a core strategy while fighting the tunnel vision of people being focused on investing.

https://open.spotify.com/show/2eaXdmgmuEygxHfCvS6kij

*We were slow to release this one, because the Giants lost and we needed time to heal.

Erin Hall - Retirement Plan Advisor Summit

Advisor Erin Hall joins as we discuss how to protect against 401k cyber attacks and debate transparent billable fees versus hidden asset based ones. 

Read Erin's whitepaper here:

https://www.srpretire.com/Cybersecurity_White_Paper.pdf

Nevin & Fred have a podcast!

Fred Reish and Nevin Adams talk to us a bit about their podcast (which is great by the way). We also discuss the breaking news in the 401k retirement plan space.

Brett Shofner - Live@Chicago Institutional Investor RPAS Conference

• Federal mandate on retirement plans might be coming with 'Build Back Better', what it means for advisors and who will benefit most.
• Brett tells a very long story about how somebody gave him beer in an RV.
• Solving your customers needs when it requires the plan sponsors to participate.

 

Ross Marino - Wealth @ Work Conference

Special Edition of Retireholics  on what’s going down at the 2021 Wealth@work Conference in Nashville. A pre-conference episode with special guest Ross Marino of Advisor 2X.

We'll be there! 

https://wealthatwork.live/
OCTOBER 24-26, 2021

NASHVILLE

Bill Schories - National Sales Director - DCIO at Invesco

Are 401ks only for the privileged? The boys are joined by Bill Schories of Invesco to discuss if 401ks suck, mutual fund scoring, leveraging DCIO partners, and the Nirvana baby.

Josh Itzoe

He's written many leather bound books, and smells of rich mahogany.

Another ‘Shamanda Show‘ takeover

Shannon & Amanda take over Retireholics, like always it's a train-wreck. You are fortunate to be listening to the Podcast version, as the video of this is a seizure inducing CF.

Jennifer Sahady - "Thank You For Coming to My TED Talk".

As all the new tools and tech fail to make the big difference in participant outcomes that we hoped for. Is boring old financial education is where we should be returning our focus?

Sean Patton of Westminster Consulting

Financial Advisor Sean Patton joins the show to discuss aggregators, the convergence of health, wealth and retirement, and strategies around being an HR consultant.

Matthew Jackson - The Retirement Dreammaker

Matthew Jackson the author of The Retirement Dreammaker, he loves retirement, loves Jiu Jitsu and most importantly he loves himself a shhmmmedium t-shirt.

Carrie Ohm - One Digital

We finally get to chop it up with Carrie Ohm. Her role at One Digital gives her a unique vantage point on advisors, retirement plans and the industry as a whole. This was a fun episode, even with Chad's ramblings.

Cindy Dash - Broadridge Senior Vice President

What is a "custodian" for a retirement plan?  Now that the DOL is now auditing the cybersecurity of plans and want information involving cybersecurity from vendors and plan fiduciaries, are we safe from hackers? Jania Stout drops in to thank everybody for all their donations to the Leukemia & Lymphoma Society. We play JD's "one of these things doesn't belong" game, which is absolutely pointless for a podcast listener.

Preston Rutledge - Former Head of DOL’s EBSA

We discuss SECURE 2.0, Biden Retirement Plan Tax Proposals, Washington & Lobbyists, and of course Bourbon.

401k Mindfulness with Fred Barstein

We talk about a lot of breaking retirement news, but also take a break to talk about the transformative effects of meditation and how impactful this can be for all us stressed out financial industry folks.

IRA's for kids with Chris Carosa

The Child IRA, why and how you should be helping kids get IRA's and start putting money into it (hint: compound interest).

Gamification in 401k, how it works, who is doing it, should we be doing it?

We also talk about Hamburger Dreams, the book Chris wrote about lore surrounding the invention of the hamburger, and where he thinks the evidence leads.

Rothification of the 401k Match & Crypto in 401k

Is the volatility of crypto currently too wild to even be considered for 401k, or is their adoption into plans a forgone conclusion and it's just a matter of when.  The boys have the "rothification" of the match conversation, and it goes about as good as it's going for anybody else.

John Faustino - Head of Fi360

SECURE 2.0, the current state of TDFs? Advisors and Fund Review Best Practices

The concept of teaching training for Plan Sponsors AKA- Fiduciary Essentials for Defined Contribution Plans.

Nevin Adams article about Congress and TDFs.  https://www.napa-net.org/news-info/daily-news/are-target-date-funds-target

401k Fridays host Rick Unser

Rick asked the longest Quiz of Death question ever and nobody could agree on the right answer, but we still zaped Chad with our new large breed shock collar.

 

Katie Boyer - PensionPro & ACROSYNpro

Wow, Katie Boyer managed to get through the whole show with only #4 ACROSYN fails. That's pretty damn impressive. Oh wait, I'm suppose to try and type 401k TPA like keywords in here for SEO, not just say what's important... which is Katie Boyer is friggen LEGEND!

Michael Kitces - This dude has a Wikipedia page!

Michael Kitces is an American financial planner, commentator, speaker, blogger, and educator. He frequently contributes to industry publications, publishes a blog and newsletter for advisors, is the former practitioner editor of the Journal of Financial Planning, the co-founder of the XY Planning Network (#168 on the Inc. 5000 list in 2018) and AdvicePay, and is a partner of Pinnacle Advisory Group, a financial advisory firm. He has also been featured in Investopedia's top 10 "most influential" advisors list.

- https://en.wikipedia.org/wiki/Michael_Kitces

 

 

Sheri Fitts - Showing up to virtual.

Marketing creative expert, who has been serving the financial industry for that last 25+ years, talks about how advisors need to actually put some effort into their virtual meeting approaches.

Aaron Pottichen ("The Champ") - Is the 401k an emergency savings?

Fred Reish (ERISA legend)

Lisa Allen from Advisor 2x - Giving Back

Chief Revenue Officer at Advisor2X Lisa Allen talked to us about giving back and "getting proximate" during their conferences and working with kids in the local community on financial literacy and exposing them to the financial services industry.

Jeanne Fisher shares her 401k marketing secret sauce

One of the hardest working financial advisors you'll ever meet. She shares with us her mindset that helps her kill it in the 401k space.

Thomas Clark - PPP Pittfalls for Plans

We love this guy, he's litigating ERISA Attorney that speaks straight and cuts to the heart of confusing issues. If it was up to us, this show would have been 5 hours (and if his kid wasn't pulling on his sleeve).

Sal Tripodi - The ERISA God!

One our of favorite guest, an absolute legend in the TPA world, the man with all the answers, SAL (fricken) TRIPODI.

You'd think somebody so smart could avoid saying the Prohibited Word 50 times, but I guess not.

Matthew Wolniewicz - 401k Financial Advisors Marketing Post Pandemic

Matthew Wolniewicz, President of Fi360 took a break from watching the draft, and talked to the Retireholiks about what advisors did for their clients during the pandemic is going to be Publish now a great talking point to a prospect in a post pandemic point of sale.

Steps for Financial Advisors to take online.

#10 Samantha Russell walks us through actions financial advisors should be taking during the Covid-19 pandemic.

The top 3 are super critical.

1. Check all outgoing scheduled communications for anything tone def to Covid-19
2. Update contact info on website, if how people reach you has changed during this time.
3. Check 'Google My Business' and make sure it's the information you want people to see for your business.

Coronavirus Impact on Recordkeepers

Bill Harmon of Voya Financial on what they are seeing with CRD's (Coronavirus-Related Distribution), and why they took the step to waive their fees on CRD processing.

Voya had a fast transition to working at home, is the Coronavirus going to change how they or other recordkeepers do business in the future?

401k's future, better with Trump or Biden?

John Sullivan - Editor-in-Chief of 401kSpecialist Magazine came down from his crystal tower to hang out in the gutter. We talk Trump vs Biden for the health of 401k, and JD tells John how to run his business.

Alex Assaley AIF - Talking to your clients in a pandemic.

One of our favorite guest, Alex Assaley popped in, to let us know what he was doing to service his clients during this tumultuous time in our lives.

Rick Unser - What a post pandemic 'Point of Sale' meetings should look like.

401k Fridays podcast (go subscribe right now) host Rick Unser zoomed in with the Retireholiks to discuss a variety of topics.

Sheltering In Place - Guest: Nevin Adams

Nevin Adams joined us to discuss some of the latest emergency details of the CARES Act, and the provisions the ARA wants plan sponsors and participants to know about.