Executive Benefits

Executive Benefits

Financial Planning as an Employee / Executive Benefit

As a separate service from our management and consulting on retirement plans, Vested Wealth offers an innovate new service called Financial Planning as an Employee Benefit.  Offering top employees financial planning and wealth management is not uncommon in very large companies, such as those at the Fortune 500. It had long been held that such a perk can be an important recruiting and retention tool by human resources personnel.

Until now such services have not been offered as a standalone benefit for smaller companies, primarily due to the cost and provider's inability and unwillingness to enter this area of benefits.

Vested Wealth Advisors is proud to offer Comprehensive Financial Planning as an a la carte service for executives and employees at all levels of your firm. We have structured these services to be affordable and accessible, based on end-user needs and a sponsoring firm's desired level of benefit it wishes to provide.

Sample Service Offerings:

Top Tier Executives - Comprehensive Wealth Management and Planning

>> Executive is assigned a Certified Financial Planner to work with addressing all the executives planning needs; consultations are private and scheduling is handled between the executive and the planner.
>> All planning work is performed outside company hours.
>> Cost of this service is paid by the employer, either fully or partially. Most employers pay for this service to make the benefit most rewarding.
>> This service may encompass several weeks or months of meetings, calls and deliverables. / total planner time generally exceeds 30 hours
>> For a listing of the full scope of our wealth management services please refer to the Wealth Management pages of this site.

Middle Tier Employees (managers and supervisors, etc)  - Financial Planning 

>> Employee is assigned a Certified Financial Planner to work with addressing major financial planning needs; consultations are private and scheduling is handled between the executive and the planner.
>> All planning work is performed outside company hours.
>> Cost of this service is paid by the employer, either fully or partially. Typically, employers will fund 50% of the cost for this level of employee.
>> This service can be completed within 3-5 in-person meetings / total planner time generally not to exceed 12 hours

Lowest Tier Employees (rank and file; entry level) - Essential Basic Planning

>> Employees are assigned a Certified Financial Planner or a Para-Planner to work with addressing basic planning needs such as Retirement, Wills, Insurance and Education funding; consultations are private and scheduling is handled between the employees and the planner.
>> All planning work is performed outside company hours.
>> Cost of this service is paid by the employer, either fully or partially. Given the lower cost of this level of service and the employees lower income levels, the employer often pays 100% of this service.
>> This service can be completed within 1-2 in-person meetings / total planner time generally not to exceed 5 hours

The cost of this service is generally negotiable based on composition of employee base, their needs and the employers desired benefit level to provide. Typically, a range of cost can be projected by multiplying the estimated hours by $150 and then reducing by a discount factor. Discount factors are also negotiable but are usually in the 25%-50% range. For example, a Middle Tier employee benefit might cost 12 x $150 = $1800 reduced by 50% to $900 for the final expense.

Note that the cost for the planning service does include on-going implementation or portfolio management. These services are charged separately ate the rates shown in our FAQ on this website.