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Anchor’s Retirement Plan Advisory Service delivers a customized program designed to help plan sponsors meet their fiduciary responsibilities while empowering their plan participants to maximize their retirement savings. Rather than selling a product, Anchor serves as the ERISA 3(38) Investment Manager or as the 3(21) Limited Scope Fiduciary, thereby avoiding the inherent conflicts of interest that arise through the traditional—and flawed—structure of compensation.
Anchor has selected John Hancock Retirement Plan Services, an industry leader servicing over 55,000 plans with more than 100 years of experience, as its partner in the 401(k) space. John Hancock provides:
Resources for plan design
An array of investment options
Investment options monitoring
Tools for employee education
The platform for housing participant accounts, along with the technology to administer the plan efficiently.
Anchor, then, serves as the Financial Representative for plans that it manages, a role that encompasses:
Providing objective input for plan design
Narrowing the investment selections using experience and research-based insights
Conducting enrollment meetings—and ongoing participant education sessions
Working with the plan’s Third Party Administrator to ensure smooth overall coordination of the benefit
Beginning in 1988 with a phone call from an investment management client who needed a retirement plan for his employees, Gerry Ward (formerly the sole principal of Ward Financial Advisors, Ltd. which merged with Anchor in July 2013) began developing a framework for aiding plan sponsors in crafting and implementing a benefit to serve company owners and their employees well.
Over the last 27 years, the importance of this work has grown in significance both as a retention tool for employers and as a means to help participating employees provide for a more comfortable standard of living for themselves following their working years.
Call us today at 803-399-9383 to begin talking to a Principal Advisor about your company and the retirement plan offerings you desire.
Our office hours are Monday to Friday, 9:00am to 5:00pm.
For more information or questions about our products and services, please contact us by phone, email, or US mail.
Serving clients nationwide.
We are Anchor Investment Management, LLC, a Registered Investment Adviser (RIA) serving the Columbia, SC, area and beyond.