IFP Plan Management is a turnkey program that offers financial advisors the ability to professionally manage a client’s 401(k)/403(b) plan.

It is not a rollover or an in-service distribution—the balance stays in the employer-sponsored retirement account while plan participants gain access to thousands of investment options on a very robust platform.  Working with our team, advisors can provide participants with asset allocation strategies, risk management, diversification techniques and rebalancing principles, and participants receive ongoing professional advice, monitoring and management of their accounts.

The Plan Management Process

Create a Self-Directed Brokerage Account

If the retirement plan allows, the advisor works with the participant to create a self-directed brokerage account at Fidelity, Charles Schwab, or TD Ameritrade to live within the retirement plan.

Determine Risk Tolerance

The advisor then assists the participant in completing an Investor Profile Questionnaire to determine risk tolerance.

Establish Asset Allocation

To help the participant diversify his or her portfolio, the advisor assists him or her in deciding which asset classes are most appropriate.

Choose Money Managers

Using a proprietary due diligence process made available through Fi360 (a globally recognized leader in the Fiduciary Investment Management Process), the advisor considers 11 separate data points when determining the overall appropriateness of a money manager.

Monitor Investment Process

The advisor regularly reviews the participant’s holdings, makes all trades in their account, and monitors their progress on a consistent basis. This process is enhanced by IFP Plan Management’s Personal Financial Website which allows the advisor to assist participants in monitoring and managing all of their investment accounts, not just 401(k) or 403(b) accounts.