Providing advisory help to a 401(k) plan is a great part of a financial advisor\u2019s business because it can grow to ancillary lines of business such as working with the decision makers of the plan and their money.<\/p>\n
One great ancillary business that too many advisors are avoiding is health savings accounts. Alliance Benefits Group of Illinois had a great presentation about that at That 401(k) Conference at Wrigley Field in September. Assets in these accounts can be invested and they can grow for the plan participants, so it\u2019s a no-brainer for advisors to pursue that business and inquire whether these accounts are a great idea for their clients.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" Providing advisory help to a 401(k) plan is a great part of a financial advisor\u2019s business because it can grow to ancillary lines of business such as working with the decision makers of the plan and their money. One great … Continue reading