Broker Check

Retirement Readiness

Our process begins with a conversation: GFP Investment Services can provide retirement plan support, independent consulting, and fiduciary assistance for qualified plans through the following services:

  • Fiduciary responsibility and management assistance
  • Investment selection and monitoring assistance
  • Vendor and fee analysis
  • Employee education A sound fiduciary governance process creates the foundation necessary to operate a retirement plan under best practices. With the support of LPL Financial, we engage our clients as fiduciary investment advisors. We take our responsibility seriously and adhere to professional ethics and standards. Our partnership with LPL Financial enables us to provide you with:
    • Fiduciary management tools
    • Retirement plan resources
    • Plan-level fiduciary services
    • Worksite financial solutions

For many employees, planning for retirement is an intimidating process. They look to their employers for retirement savings guidance, with questions like:

  • What is my risk tolerance?
  • Is my retirement account diversified?
  • How much should I be saving for a comfortable retirement?

At GFP Investment Services, we strive to demystify the retirement planning process. We utilize clear and concise educational material and offer targeted seminars with content your employees can use to work towards their goal of achieving a successful retirement outcome.

Our Individual clients turn to us for a thorough retirement planning process. Our portfolio management services include, but are not limited to, the following:

  • Introduction to the need for retirement planning
  • Considering and projecting retirement income needs
  • Considering retirement income sources
  • Developing investment strategies
  • Asset selection and allocation
  • Risk tolerance
  • Routine portfolio monitoring

Additionally, GFP Investment Services will help your employees make smart and calculated decisions about their future, making retirement planning an easy process. We believe that every team member is important. We will take the time to create a relationship that works towards helping your employees meet their retirement goals.

Forward-thinking plan sponsors have also started to take advantage of behavioral inertia as a way of putting plan participants on a solid path toward a secure retirement. Although it was once assumed that plan participants would reject automatic features, research has found that opinion toward them is very favorable. They help by improving savings behavior, simplifying investment decisions, and allowing behavioral inertia to work for, not against, participants. In fact, studies show automatic features are being embraced by a majority of plan participants:

  • 75% ARE IN FAVOR OF OR NEUTRAL TOWARD AUTOMATIC ENROLLMENT*
  • 74% ARE IN FAVOR OF OR NEUTRAL TOWARD AUTOMATIC CONTRIBUTION ESCALATION*
  • 67% ARE IN FAVOR OF OR NEUTRAL TOWARD A COMBINATION OF THESE TWO FEATURES*
  • 90% FIND TARGET DATE FUNDS (TDFS) FAVORABLE*
  • 82% ARE IN FAVOR OF OR NEUTRAL TOWARD RE-ENROLLMENT*

*J.P. Morgan. “2016 Defined Contribution Plan Participant Survey Findings: Guiding participants from intent to action.” July 2016