Soltis Investment Advisors

Transcription

1 Soltis Investment Advisors 401 (k) Participant Services & Executive Financial Planning Services Soltis Investment Advisors is proud to be among the first investment advisors globally to successfully complete the independent certification process of CEFEX, Centre for Fiduciary Excellence. CEFEX certification independently analyzes the trustworthiness and best practice processes of investment fiduciaries. Ashley Nixon Advisor/Education Specialist T.J. Adams Advisor/Analyst

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3 (k) Plan Calendar for Participant Communication and Education Activity 1 st Quarter 2 nd Quarter 3 rd Quarter 4 th Quarter Description/Objective Overall Communications Campaign Plan the 2015 Year: Discuss Overall Strategy of Communications Campaign Roll Out Communications Strategy: Steps of Targeted Campaign Review/Monitor Results of Past Year Set goals for New Year Stable Value Not Participating Communication Strategy to Participants Quarterly Flash Report Quarterly Flash Report Quarterly Flash Report Quarterly Flash Report Value of 401(k) Letter Quarter 1 Dollar Cost Averaging, Manager Highlight: Metropolitan West Quarter 2 Volatility, Manager Highlight: Duetsche Global Infrastructure Quarter 3 Turbulent Markets Stable Value Campaign s sent in June 401(k) Plan Education Soltis On-site Education Meeting Soltis On-site Education Meeting June 2 nd & 5 th November 17 th One on One Participant Advice Consultations Participant Call Center Soltis On-Site One- On-Ones Participant Call Center Participant Call Center Soltis On-Site One-On- Ones Participant Call Center April 24 th June 2nd June 5th November 17 th Retirement Readiness Retirement Readiness Seminar Retirement Readiness Seminar Retirement Readiness Seminar Retirement Readiness Seminar February 25 th May 14 th August 19 th October 13 th November 17 th Executive Benefits Discuss interest in Executive Benefits Intro to Executive Financial Planning Plan Design Review and Strategic Planning Soltis Conference Review Plan Design Opportunities Peer Benchmarking Income Replacement 3

4 2015 Q3 - Quarterly Flash Report Turbulent Markets While saving for retirement, most investors will often experience major and minor fluctuations in their retirement account value. And even during retirement years, investors will also likely continue to experience turbulent markets. Market Cycles Helpful Tips: Don t Panic: Sharp market declines of 5% to 25% are common and normal for long-term investors. Don t over focus about what you hear on the news. The more often you update yourself on the market s fluctuations, the more volatile and risky it will appear to you. Wall Street Journal 1. The past few years have been very mild in terms of market corrections compared to long-term history. Remember to think long-term about your retirement savings. Keep Saving: Saving consistently each payroll allows you to take advantage of dollar cost averaging, buying more shares when prices are low and fewer when prices are high. Prices are generally lower when the market corrects downward and provides a great opportunity to buy shares on sale. The changes in market value and price occur on a daily, weekly, monthly, and annual basis. The chart to the left shows that inside the longer market cycles, there are typically many smaller rise and falls in the market on a short-term and intermediate basis. While the daily changes in the market can be unsettling, it is important to remember the basics. Keep in mind your time horizon, risk tolerance, and diversification. Stay Diversified: Spreading your investments among a variety of funds, may help you manage your risk level. To review your investment options and make sure you are properly diversified, contact a Soltis Advisor to review your account. Nobody Knows What Will Happen Tomorrow: Markets could go up one day, down the next or stay flat. Nobody has a crystal ball to know what the market will do next in the short-term. Over the longterm, markets can provide increasing and lasting value, but it is important to remember diversification and patience are fundamental. 4

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6 Representative Soltis Service Team Sharon Peck Client Relationship Manager TJ Adams Analyst The Client Relationship Managers are focused on assisting the Senior Advisors with the overall relationship management of the client. As the primary contacts for day-to-day service and operational needs, the main goal of the Client Relationship Manager is to deliver exceptional client service and be available to assist with any aspect of the clients accounts, or put them in contact with the appropriate resources at Soltis. On a regular basis the Client Service Manager is available to assist service items that ensure each client receives a high level of service with the firm. The Soltis Analyst also plays an important role at the firm. Under the direction of the Senior Advisor, the analysts assist with preparing client reviews, financial plans, and conducting additional research as requested. The Analyst is available as an additional resource for assisting clients with anything they might need. Tyler Finlinson, CIMA Senior Advisor Clark V. Taylor Partner, VP Wealth Management Services The Senior Advisors are focused on overseeing each client relationship from the initial implementation of the client service plan throughout their experience at Soltis. As the lead advisor, the Senior Advisor conducts ongoing portfolio reviews where the clients not only review their account performance, but also define their goals and ensure their progress in tracking toward these goals. The Senior Advisors ensure that each client receives a high level of service and has an overall positive experience with the firm. Responsible for the overall Wealth Management Division and the services provided to the client. The divisional Vice Presidents work closely with the Senior Advisors to ensure exceptional proactive client service. Also works closely with the firm s Board of Managers to form strategic initiatives for the firm and ensure Compliance with SEC and other Fiduciary Compliance requirements. Hal G. Anderson President, CEO, CIO Chairman of the Investment Committee responsible for the investment manager research, asset allocation studies, portfolio monitoring and performance measurement, and investment themes for the management of the portfolios. Responsible for the due diligence of investment options and monitors and evaluates mutual funds, separate accounts managers and alternative investments for use in current and prospective clients. As CEO, is responsible for the oversight of all the services provided by Soltis to include the Retirement Plan Division and Wealth Management Division. 6

7 Components of Soltis Executive Financial Planning Financial, estate, and legacy planning Cash flow, Net Worth, and Risk Management Collaboration with attorney for Estate plan creation, trust management, and philanthropic giving Client Soltis Portfolio management, asset allocation and manager selection Liability Coverage, Umbrella Policy, P&C, Life, Disability, and LTC Collaboration with accountant for tax strategies and preparation Hedging strategies and concentrated position management, including stock options; business valuation and succession planning Refinancing, Debt Payoff, and Banking Relationships 7

8 Soltis Investment Advisors Executive Financial Planning Process Phase I: Establish and Determine the Scope of the Relationship Phase II: Gather and Analyze Client Financial Data (Quantitative) Phase III: Develop Objectives and Governing Values (Qualitative) Phase IV: Comprehensive Recommendations and Implementation of Plan Phase V: Monitor Financial Plan and Regular Follow Up 8

9 Executive Financial Planning - Timeline Timeline for Services Service Date Status Phase I: Establish and Determine the Scope of the Relationship October, 2015 Phase II: Gather and Analyze Client Financial Data (Quantitative) Complete by November, 2015 Phase III: Develop Objectives and Governing Values (Qualitative) Phase IV: Comprehensive Recommendations and Implementation of Plan Phase V: Monitor Financial Plan and Regular Follow Up 1 st Quarter 2016 In Process 1 st Quarter 2016 and Ongoing 3 rd Quarter 2016 and Ongoing 9

10 2015 Wealth Management Client Service Plan Prepared for Sample Client 1 st Quarter 2 nd Quarter 3 rd Quarter 4 th Quarter Results/ Performance Financial Planning Implement Family Bank and Family Giving Strategy Discussion of Ampelis: Multi-Generational legacy planning Review Annual Goals and Track Retirement Income Cash Flow Plan Investment Management Quarterly Investment Review Quarterly Investment Review 8 th Annual Wealth Management Conference Quarterly Investment Review Client Portfolio Manager Call Opportunity Ongoing Updates of Soltis Money Manager Due Diligence Ongoing Updates of Soltis Money Manager Due Diligence Ongoing Updates of Soltis Money Manager Due Diligence Risk Management Review Wealth Preservation Portfolio Strategies Review Insurance Policy Strength of MetLife Review Client Investment Policy Statement Review Long-Term Insurance Needs/Plan In depth review of Pathfinder Private Equity Fund Estate and Tax Planning Coordination and Annual Reporting to CPA Collect Updated Note Payments from Children and Update Loans and Provide to CPA Estate Plan Interaction Year-End Tax Planning (gain/loss harvesting Client Appreciation 9 th Annual Wealth Management Conference Holiday Christmas Concert

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12 Soltis Investment Advisors 20 N. Main Suite 400 St. George, UT S. Main Suite 1776 Salt Lake City, UT SoltisAdvisors.com (800) (435)