Information for Advisors with Broker Dealers
You have your clients’ best interests at heart.
You have your clients’ best interests at heart.
As a financial advisor we know your client’s best interests are of the utmost importance to you. When your client asks you to help them achieve their goals, that’s your top priority. Your broker-dealer provides significant financial and technical resources to help with their investment strategies and their financial and estate planning, but assisting them with a Roth conversion involving a SDRA may present a significant compliance challenge.
Your client’s want to invest some of their retirement money in “non-traditional” assets.
Nevertheless, if your clients want to invest their retirement funds in a private offering that your BD’s compliance department hasn’t cleared, you can be in a difficult position. You can’t review the offering materials yourself; and even if you think the offering might be consistent with your client’s investment strategy, you can’t facilitate the investment. Every trusted professional financial advisor has professional constraints.
You want to keep them satisfied with their relationship with you.
We know you work hard to help your clients achieve the lifestyle they want; and we know that telling your clients that they are “on their own” for a SDRA investment is not consistent with the relationship they have with you. You work hard to cultivate the expectation that their “do it yourself” days are over.
You don’t want to loose their business.
The risk that your client might find another financial advisor who is ready and willing to help them make a SDRA investment – provided they move some, or all, of their portfolio of investments away from you – is ever present. Advising your clients about the Supercharged Roth ConversionTM shouldn’t put your hard-won client relationships at risk.
Here’s where we come in.
Our SDRAServicesTM are designed to help you help your clients without crossing your professional boundaries or jeopardizing your professional relationships.
Here’s what your clients need to access the SDRA opportunity of their choice:
- A self-directed retirement account
- A qualified custodian (one that doesn’t compete with you for financial services)
- An allied professional who can help your clients
- Establish their SDRA
- Review and/or design the investment for SDRA compliance
- Obtain the custodian’s acceptance of the investment
- Facilitate the investment process in compliance with the rules
In short, you and your clients need our SDRA Services™
All you have to do is make the referral. We’ll take care of them from there.
We will reflect well on you.
When we hear from you, we will make it our business to ensure that your client’s experience with us reflects well on you and the high professional standards you want to maintain.
We will keep you informed.
When we hear from your client, we will strongly recommend that they allow us to keep you informed of the progress of our work with them, so we can effectively collaborate with you in their best interests. We believe strongly that sharing information with a client’s principal adviser is a key to providing our mutual clients with the highest caliber of professional services and effective results.