Financial Plan Inc. launches new 401(k) branch of business

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Innovative new process aims to protect employers and increase success for plan participants.

Financial Plan Inc. of Bellingham, Wash. has launched an all-new branch of business dedicated exclusively to 401(k) plans.

With the nationwide 408b(2) regulation changes that took effect on July 1st, previously hidden 401(k) fees must now be disclosed, giving plan sponsors and participants the information needed to make critical decisions. Through their new program, Financial Plan is adding even more transparency and cost-effective solutions to ERISA pensions, profit sharing, 401(k) and 403(b) plans.

Wealth Manager, W. Devin Wolf, CFP®, of Financial Plan has rebuilt the entire 401(k) process to increase the chance of success for participants and protect plan fiduciaries.

According to James Twining CFP®, Founder and CEO of Financial Plan Inc., “Devin became a Wealth Manager after a career in Civil Engineering, where he was a fiduciary for his company’s 650-participant 401(k) plan. His experience as both a fiduciary, and with helping individuals succeed financially, uniquely equips him to work with other fiduciaries to help them navigate the complex world of 401(k) management.”

“Our process allows us to take on certain liabilities associated with managing 401(k) plans that were previously left on the shoulders of plan fiduciaries” said Devin Wolf, CFP®. “By rethinking every step of the process we have built a program that benefits plan participants, not brokers.”

The objective, Fee-Only model of FP Inc. allows their advisers to first consider the needs of the client and get away from hidden fees designed to benefit Wall Street. Financial Plan’s advisers are not paid on commission, are not tied to any brokerage firms, platform providers, third party administrators, or investment companies. Instead, they focus on providing honest, straightforward advice without the inherent conflicts of interest.

Additional information about Financial Plan’s new 401(k) branch can be found at http://www.financialplaninc.com/401k.

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About Financial Plan Inc.
Founded in 1996, Financial Plan Inc. is an independent, full service Registered Investment Advisory firm based in Bellingham, Wash. All of Financial Plan’s three advisors are CFP® Practitioners with a wide range of licenses and financial experience. With a time-proven investment philosophy and track record of superior client service, Financial Plan Inc. focuses on providing straightforward, object advice and education to help clients obtain their financial goals. Visit http://www.financialplaninc.com for more information.

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STEPHANIE WOLF
stephanie.wolf@financialplaninc.com
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