Freedom Financial Consulting
Freedom Financial Consulting is a division of Freedom Financial Advisors, LLC. We are a diversified financial services firm focused on helping institutions, Corporations, and Individuals manage financial resources in a compliant and fiduciary capacity. We perform consulting services in the areas of retirement plans, mergers and acquisitions and plan fiduciary guidance. We want to help our clients establish a customized investment strategy and build long term relationships built on trust. With over 100 years of combined financial industry experience along with our education and Fiduciary status, we are well equipped to provide our clients tailored solutions.
As an independent firm, we make you our first priority, providing you with advice based on your goals and complexities. We work with our clients to offer plans that are customized, innovative, and flexible to meet your organization’s specific needs. We do this under the strict rules of ERISA, IRS and SEC Law. Our goal is to take the fiduciary responsibilities off of the employer, it’s senior management team and the board of directors. We analyze the strict and complex ERISA guidelines, and section 404(a) rules, to make the plan run in full compliance. We assist in controlling cost, maximizing plan performance, optimizing employee understanding of plan options and assurance that plan documents are being followed. You can count on our elite team to help improve your outcomes for a better future.
DEFINED CONTRIBUTION PLAN
EDUCATION PLANNING
DEFINED BENEFIT PLAN
"We are fiduciaries. We build relationships. We empower plan sponsors. We design value. We shape participants. We provide insight."
WE UNDERSTAND THE NEEDS OF OUR CLIENTS
✓ Meeting their fiduciary responsibilities
✓ Increasing participation
✓ Increasing savings rates
✓ Providing asset allocation assistance, employee education, and investment services to plan
participants
We satisfy the above needs through the following core services:
Employer Provider Search Services: At a minimum, plan sponsors need to be able to turn to an
advisor for assistance with conducting a due-diligent vendor-selection process. We have established
an efficient process to secure proposals and to uniformly and objectively evaluate proposals from
quality providers. For larger plans, we will help assemble a request for proposal. This is a
detailed set of questions sent to prospective service providers about process, controls, size,
service offerings, etc., that is used as a tool to analyze the marketplace and to leave a
documented ‘due diligence’ paper trail.
Employer Level Services: Plan sponsors need assistance meeting their fiduciary responsibilities
managing the plan administration; fee analysis and the portfolio design, investment selection, and
ongoing monitoring process. For example, while you may have an investment policy statement in
place, the real question is, “What are you doing with it?” We will assist you in establishing an
effective Investment Policy Statement and help you to adhere to the regulations set forth in the
policy. A plan sponsors’ need for effective investment consulting will only increase as the
industry continues to move to an “open architecture” operating environment. It is imperative that
plan sponsors fulfill this responsibility to protect their interest while providing an efficient
and effective retirement plan program for their employees.
Employee Level Services: Plan sponsors know that good employee education–especially the old
fashioned kind of sitting down with employees can make a real difference in the overall success of
a plan. Employees are routinely living paycheck to paycheck, struggling to contribute a meaningful
amount into their plan and are often overwhelmed by the excessive investment choices provided to
them. What they’ re looking for is someone to educate them into signing up for the plan, to coach
them to save a meaningful amount, and to provide education support with appropriate asset
allocation. We believe we will add tremendous value at this critical iunction