As a financial advisor or planning company, you know the challenges that go along with convincing people to open a retirement account. You spend most of your time working to manage the accounts you have right now, but you know that to grow your organization, you simply must get more accounts open. Yet, many Millennial and other age groups seem less interested in actually opening these accounts. How can you possibly have more time to get people to listen to you about the 401k retirement plan you have to offer?
Make it Personal
One of the most important steps companies can take today is to make these efforts personal. That is, they need to spend time within companies talking to and networking with both the employers and the employees there. The goal is to educate them on what their options are. Many people simply do not know much about a 401k retirement plan much less about how it could impact their lives and their needs. That is where a key problem starts.
You may be wondering about the amount of time you have to dedicate to these services. How can you spend more time in the field, so to speak? One of the options available to you is to hire a team to support you. With a 401 K Retirement Plan, you free up much of your time, allowing you to spend more time tackling these very important tasks.
It may be one of the most valuable decisions you make. The fees are passed on to the plan holder, but you gain the benefit of being able to work with more individuals hand in hand.
