In my role, I meet with prospective families searching for a new financial planner. Many people we meet have a specific issue they are trying to solve, but some just have a general sense they could do better.

Recently I asked a potential new family how much they were paying their current financial advisor; they said, “Nothing.” Nothing? In reviewing their statements, we knew they were getting charged 1.00% on the value of the managed assets plus additional fees on the underlying holdings, but I wanted to ensure they knew the answer. After an awkward silence, I asked them if they knew their asset allocation or long-term performance. They didn’t have a good answer for either question.

As a client of Hill Investment Group, we take pride in the clarity and simplicity of our communications and reporting. We always want you to know your asset allocation, portfolio performance, and fees. While many in our industry hide from these vital signs, we lean into ensuring you know them. Awareness brings several benefits to our relationships. If this message seems obvious, we agree, and yet it is rare that we meet with folks who have a clear sense of these three vital answers.

If you have a friend or family member that doesn’t know or can’t get the answers to these “vital signs,” there’s good news. We can help. 

Click here to schedule a Discovery meeting with PJ.

Integrating Your 401(k) into your Financial Plan

To have the best and most accurate picture of your financial situation, you must look at every asset (and liability). Did you know that you can integrate your 401(k), 403(b), 457, HSA, and variable annuity accounts into your overall plan? And get help managing the investments directly?

We have a new state-of-the-art system that allows for safe and compliant HIG advisor access to all of your accounts – taking the hassle, fiduciary responsibility, and management risk off your plate.

What does this mean for me?

• HIG taking fiduciary responsibility – upon setup, HIG takes on immediate responsibility for managing these assets.
• Combatting volatility with timely trading and rebalancing – ensuring your allocation is in line with your plan, no matter what’s happening in the markets.
• Investing in the right funds for you – full review of the cost and quality of available funds immediately upon setup, repeated quarterly.
• Tax efficiency through asset location – maximizing the value of these vehicles as an important part of your portfolio.
• Cost – the cost for this service is determined according to your regular fee schedule. See more details here.

Why it matters

These accounts shouldn’t be an orphaned part of your financial picture. Let us coach you more effectively and get the peace of mind knowing ALL of your assets are taken care of, no matter what.

Ready to set up your access to this service?

Schedule a call with me here. Setup takes no more than 15 minutes.

Sometimes you can’t shake a story because it keeps getting replayed in different forms. You might remember a piece in the NYT written a couple of years ago about a woman who stumbled upon gross misuse of her parent’s retirement money. Her parents’ brokers were mishandling the money for years, to their benefit – one stock had even been sold eight times in the same day, racking up enormous trading fees. It sounds shocking, but unfortunately, it’s an old story that bears repeating. Why? Sometimes we need reminding – employing a fiduciary advisor matters. “Fiduciary” means your advisor is legally bound to work in your best interest. Ask if your broker, or your parent’s broker, is held to this standard. Do you have a fiduciary advisor like Hill Investment Group?