DB Plans Can Be a Profitable Addition to Your Advisory Business

If you provide investment advisory services to 401(k) plans but not to Defined Benefit (DB) or Cash Balance plans, you are certainly not alone. Many investment advisors avoid the DB plan market because the pool of prospects/candidates is much smaller than that of 401(k) plans, and the benefits of a DB plan can be difficult to articulate to...

Houston, We Have a Problem…

Times can get tough for people. With the onset of Hurricane Harvey having decimated parts of the Gulf Coast and Hurricane Irma following its destructive lead, we are reminded that at any point we may find ourselves in hardship. Companies make layoffs, natural disasters occur, emergencies… well, emerge. With nowhere else to turn, some will look to...

Let’s put our financial wellness resources to work for your employees

TRPC has always been committed to helping you and your employees save for the future through an employer-sponsored retirement plan. For many retirement plan participants, the employer’s retirement savings plan is their only wealth accumulation vehicle, and many employees lack the educational resources to make decisions that promote overall...

Retirement Plan Maintenance

Whether it’s your car, your air conditioning or your own health, virtually everything you depend on in life needs a periodic assessment. What’s working, what needs repair? A company’s retirement plan is no different. And the evaluation is no less complex than the one your primary care physician might use. This month’s newsletter is designed to...

Participant Loans: Benefit or Detriment?

For many years, plan sponsors have wrestled with the decision to offer loans to their plan participants. Some consider them to be a benefit and even promote them as a legal way to use tax free money while participating in the plan. According to the Employee Benefit Research Institute, 87% of plan participants can take a loan against their...

Rise of the Machines

Over the last 30 years, there’s been an incredible array of advancements in technology that have impacted various parts of our lives. While not all of them were amazing, many of them inherently improved our quality of life and some allowed us to catapult forward into a world of instantly accessible information on a scale never witnessed. As...