Invest with Confidence
Let us help you manage your Employer REtirement pLan
Are you eager to take control of your financial future? Look no further than a self-directed brokerage account (SDBA).
Your employer plan may allow you to hire an outside Financial Advisor to manage your account by using a SDBA. This plan feature allows you to hire a Financial Advisor to help actively manage your investments. The advisor will also help you with your financial goals including determining if your retirement plan is on track and whether your current investments make sense for you. Many individuals choose a target-date option as the investment choice in the plan without understanding the underlying investments and risk. A target-date fund only considers your age and not risk or goals.
Through a SDBA an advisor helps you to optimize your investment strategy through a personalized risk assessment which takes into account your goals.
According to a Vanguard study in 2016*, investors could potentially add 3% to their net returns and retirement savers who sought investment advice enjoyed a median annual return almost 3% higher than those who didn’t – even after the fees they paid for that advice**.
Consider opening a Self-Directed Brokerage Account with My Financial Advisor.
Unleash Your Potential
Optimize your Investment with a Personalized Strategy
One of the most compelling reasons to open a self-directed brokerage account with My Financial Advisor is the vast array of investment choices available at your fingertips. Unlike traditional brokerage accounts, a self-directed account puts you in charge, allowing you to invest in a wide range of assets not offered in most core investment options. With this broad selection, you can build a dynamic portfolio tailored to your unique investment goals and risk tolerance, all with the experienced advice of an advisor.
We understand that every individual has different aspirations, responsibilities, and financial situations. Our first step is to understand your dreams, obligations, and current financial health. Once we have a clear picture of your circumstances, we will craft a personalized financial plan designed to help you achieve your goals and turn your dreams into reality.
Professional Advisory Support
Though a self-directed brokerage account puts you in the driver's seat, it doesn't mean you have to navigate the journey alone. At My Financial Advisor, we believe in providing knowledgeable guidance and support to our clients. Our services include:
Personal point of contact
Risk profile evaluation
Identify goals and objectives
Prepare retirement plan
Portfolio selection
Retirement income needs analysis
Distribution planning
Financial planning
Our team of experienced advisors is just a call or message away, ready to address your queries, offer insights, and provide personalized advice based on your financial goals. With our expertise at your disposal, we hope you never feel lost or overwhelmed while making investment decisions.
Can I open a SDBA with my current employer plan?
An employer-sponsored self-directed brokerage account can be opened by employees who have access to a 401(k) or similar retirement plan offered by their employer. Note that not all employers offer this option but we can help you determine if an SDBA is available to you.
While specific eligibility requirements may vary, generally any employee who meets the eligibility criteria set by their employer's retirement plan can open an employer-sponsored self-directed brokerage account. It is a great opportunity for individuals who are interested in taking a more hands-on approach to their retirement savings and want the freedom to choose and manage their own investments. Contact us to determine if your employer offers this option.
Are you tired of limited investment options? Do you want to take control of your financial future?
Look no further than our Self-Directed Brokerage Accounts!