Our Services
Our Services
Businesses
Michael Aschberger provides an array of services. His service philosophy is to assist you in assessing; analyzing and addressing the specific needs of your corporate retirement plan to maximize its value to your organization.
- We propose to improve the overall effectiveness of your plan by helping you
- Managing fiduciary risk
- Improve operational efficiency
- Increase employee satisfaction
- Streamline investment selection and analysis
- Identify and recommend cost efficiencies
- Our three major categories of service
- Consulting
- Conversion and Installation
- Ongoing Services
- Consulting Services
Our services are available in both a fee-for-service format and a total retirement plan service format.
- Fee-for-service: You select the service or combination of services that is appropriate for your situation.
- Total retirement plan service: We act as your plan consultant and are compensated with asset-based fees and/or commissions.
- Conversion and Ongoing Services
We can assist in coordinating all aspects of your new retirement plan’s conversion and installation. We continue to help you maximize the effectiveness of your retirement plan on an ongoing basis. We monitor your satisfaction with the plan regularly and adjust as necessary.
We focus on the critical areas of investments, fiduciary responsibilities and employee education.
- ERISA Fiduciary Services
- Review the investment objectives, risk tolerance and goals of the plan. Review the Investment Policy Statement (IPS) with the sponsor to verify it for consistency with plan objectives. If there is no IPS, we can assist in the implementation.
- Provide recommendations to select and monitor the designated investment alternatives
- Assist Plan Fiduciary to select investment options
- Provide Assistance to Plan Fiduciary to monitor and/or replace investment options
- Provide recommendations to select and monitor the qualified Default Investment Alternatives (QDIA)
- Assist Plan Fiduciary to select QDIA
- Provide Assistance to Plan Fiduciary to monitor and/or replace QDIA
- Provided recommendations to select and monitor investment managers.
- ERISA Non-Fiduciary Services
Assistance With Plan Governance and Committee Education
- Determine Plan Objectives and Options
- Review Participant Education and Communication Strategy
- Develop Requirements for Responding to Participant Requests for Information
- Develop & Maintain a Fiduciary Audit File
Assistance with Service Provider Selection/Review
- Review Fees and Services
- Provide Periodic Benchmarking
- Generate & Evaluate Provider Requests
- Service Provider Transition/Plan Conversion
Investment Education for Plan Fiduciaries
- Investment Policy Statements
- Assessment of Overall Investment Structure of Plan
- Review of the Plan’s Investment Options
- Search and Review of Investment Managers
Employee Education & Communication
- Provide Group Enrollment and Investment Education Meetings
- Support Individual Participant Questions
- Provide Periodic Updates, Upon Request or Newsletter
- Assist Participants with Retirement Readiness
Individuals & Families
Michael Aschberger provides an array of financial analysis, alternatives and strategies including:
- Investment Analysis
- Identifying capital, contribution, and return requirements to meet objectives
- Building cash reserves
- Information on alternatives pros/cons
- Asset allocation: attempting to reduce risk, enhance rate of return by balancing assets
- Risk Management Planning
- Helping clients with game plan for disability, illness or premature death
- Reviewing current insurance
- Retirement Planning
- Dealing with lump sum distribution options
- Projecting early or late retirement
- Income generating strategies
- Minimizing tax liabilities*
*Neither Osaic Wealth, Inc., nor its representatives, offer tax or legal advice. Please consult with your tax and legal advisors regarding your individual situation.
- Estate Planning Strategies
- Protecting privacy
- Preserving family wealth
- Charitable giving
- Investment Products
- Money markets
- Treasury bills, notes, and bonds
- Stocks
- Bonds (taxable and tax free)
- Real estate investment trusts (REITs)
- Annuities (fixed and variable)
- IRAs, SEPs
- 529 plans
- Insurance Products
- Individual and group life (term, fixed/variable, universal)
- Disability
- Private pension
- Key person insurance
- Medicare Supplemental
- Business Products and Services
- Qualified plans: 403(b), 401(k), profit sharing, SIMPLE IRA
- Pension planning
- Deferred compensation strategies