How Do You Know if Your 401(k) Financial Adviser is Any Good?

26 Feb

It is clear that ERISA regulations want the owners of small businesses and their 401(k) plan trustees to hire professional experts to help them in setting up and administering a 401(k) and educating their employee participants.

We have been trying to get this message out for Santa Rosa business owners who have a 401(k) plan for a while now.

But how do you know if the adviser you’ve considering (or already working with) is any good at what you’ve hired that adviser to do?

Below is a link to a nice article from a well known ERISA/retirement plan attorney that gives you a few questions you can pose your plan’s financial adviser.

If you are setting up a plan or are wondering if your current plan has the right adviser, this might be helpful for you.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: