Keys to Success
Our differences are evident and cannot be ignored!
Empowering Your Business
Partnering with our wealth management firm to implement and manage your retirement plan, such as a 401(k), SIMPLE, or Solo K, means ensuring the long-term success of your business and employees. We help establish a robust retirement plan that attracts top talent while aligning with your company’s goals. Our expertise in plan design, compliance, and investment management ensures smooth operation, meets fiduciary standards, and delivers maximum value to your employees, with ongoing support and customized strategies.
Customized Plan Design
We tailor each retirement plan to meet the unique needs of your company and workforce, ensuring optimal benefits for all participants.
Comprehensive Compliance Support
Our firm provides full regulatory and fiduciary compliance oversight, reducing your risk and ensuring adherence to all legal requirements.
Employee Education & Engagement
We offer robust educational resources to help your employees understand their retirement options, improving participation and plan success.
Performance Monitoring
We continually track the performance of your plan’s investments and make adjustments to ensure it meets the evolving needs of your business and employees.
Navigating 401(k) Plans:
A Business Owner’s Guide
Mastering Your 401(k):
A Participant’s Guide to Smart Investment Strategies
Keys to Success
Expertise, innovation, and results that will help redefine your financial future.
Tailored Retirement Plans
We design custom retirement plan solutions that perfectly align with your company’s needs and workforce demographics.
Expert Fiduciary Guidance
Our firm offers expert fiduciary services, ensuring that every aspect of your retirement plan complies with legal requirements and best practices.
Employee Education Focus
We provide comprehensive educational resources to help your employees understand their options and make informed retirement decisions.
Comprehensive Plan Support
From initial setup to ongoing management, we provide end-to-end support for your corporate retirement plan, ensuring smooth operation.
Performance-Driven Strategies
We monitor and adjust plan investments regularly to ensure optimal growth, providing measurable results that align with your business goals.
Long-Term Partnership
We’re dedicated to building lasting relationships, offering ongoing consultation and strategies to ensure your retirement plan evolves with your business.
Seamless Administration
Our team handles the complex administrative tasks, ensuring your plan runs smoothly and meets all compliance and reporting requirements.
Cost-Effective Solutions
We help design cost-efficient plans that provide maximum value for both your business and employees, without sacrificing quality or performance.
Advanced Technology
A proactive methodology and plenty of investment options!
25+
Years Of
Success
At Work.
Our investment process combines cutting-edge technology and expert insights to uncover unique opportunities. Tailored to your goals, we deliver superior returns with unmatched transparency and precision. Experience the difference with us.
Options
We have them – from our screened investment tiers to our Open Architecture with over 13,000 funds. Our retirement planning solutions cover state mandated employee savings plans as well as various tiered options depending on your business’ needs.
Investment Process
We adopt a personalized, data-driven approach tailored to your specific goals, risk tolerance, and financial needs. By blending advanced technology with thorough research, we create customized strategies that ensure your portfolio is both diversified and optimized for long-term success.
Smarter Tools
A leader in innovative and easy-to-use technologies, Royal Wealth Management helps you by reducing retirement plan service administrative tasks, managing compliance, and flagging issues before they become problems.
Advisory Fee Options
Price is only an issue in the absence of value!
At Royal Wealth Management, we understand that every investor’s financial needs and preferences are unique. That’s why we offer clients the flexibility to choose between two distinct advisory fee structures for retirement plans, each designed to help a business and employees succeed. This approach ensures that you can select the option that best suits your investment style, providing transparency and clarity throughout our partnership. The two different fee structures are as follows:
Asset-Based Fee Structure
The Asset-Based Fee Structure is designed for clients who prefer a straightforward, predictable fee model. This structure is based on the balance of the assets under management and is charged as a percentage at predetermined intervals, typically monthly or quarterly. The benefit of this approach is that the fee scales with the size of your account, which ensures our interests are aligned with yours as we work to grow and protect your assets over time.
Flat Fee Structure
The Flat Fee Structure is designed for those firms that possess over 10 million in plan assets. This way our fee goes from a variable cost to a fixed cost for the business and employees. This unique structure of switching between an Asset-Based Fee structure and Flat Fee structure is unique to our firm in this industry. In some cases, a negotiated lower threshold of plan assets may be established than 10 million in plan assets. Certain restrictions would apply.
By offering both fee structures, we empower our clients to choose the arrangement that best suits their financial goals and investment philosophy, ensuring a partnership built on trust, transparency, and shared success.
Frequently Asked Questions
When there are questions, we have answers!
What are the benefits of offering a retirement plan to employees?
Offering a retirement plan not only helps attract and retain top talent but also demonstrates your commitment to your employees’ long-term financial well-being. It provides a valuable benefit that enhances employee satisfaction, reduces turnover, and encourages a more engaged workforce. Additionally, businesses can benefit from tax deductions on contributions and can often structure plans to be cost-effective.
How do I ensure my retirement plan is compliant?
We provide comprehensive compliance support to ensure that your plan meets all regulatory requirements, including IRS and Department of Labor guidelines. Our firm takes care of the intricate details such as plan testing, reporting, and required filings, minimizing your risk of costly penalties while keeping your plan up-to-date with the latest laws.
How much does it cost to implement a retirement plan?
The cost of a retirement plan varies depending on the size of your company and the features you choose, but we work with you to design a cost-effective solution that provides the maximum benefit for both your business and employees. Our goal is to offer a plan that fits your budget while ensuring it is competitive enough to attract and retain top talent.
How can I help my employees understand and use the retirement plan?
We provide ongoing educational resources and personalized support to help your employees understand how the retirement plan works, how to choose investments, and the importance of retirement savings. Our firm offers workshops, online tools, and one-on-one consultations to ensure your employees feel confident and engaged in their retirement planning process.