New service offering: Management of "held-away" assets

Prospero Wealth is excited to announce that we can now help our clients manage their financial accounts, wherever those accounts happen to be, even if the underlying assets cannot be moved to one of our trusted custodians. Whether you have a 401(k) with your current employer, 529 plans for your kids, Health Savings Accounts with investment options, or a variable annuity that’s stumping you, we can now directly help you manage those investments to your specific requirements or financial plan.

Historically, advisors have not been able to provide ongoing management and oversight of these types of “held away” accounts due to technology limitations. Thankfully, we have partnered up with a technology provider that provides us with the tools we can use to view, research, manage, and trade any of your “held away” assets, and to do it in a manner that is aligned with our fiduciary obligations.

There are several ways that this service can be valuable to you:

Comprehensive Management: For many of our clients, we already manage all of their accounts other than a smattering of “held away” assets. For these clients, we can be a one-stop investment shop.
Better Outcomes: Studies show that professionally managed accounts outperform unmanaged accounts by 3.32%, net of fees. See the below chart for an example of a 45-year old client using professional management for 20 years. (Edelman Financial Engines and Aon Hewitt. Help in Defined Contribution Plans. May 2014. Research results presented for informational purposes only.)
Asset Location Strategies: Optimize your allocation and reduce tax burden.

The best part of this new solution is that it fits seamlessly into our existing billing and fee systems. Please let us know if you have any questions or would like to reach out about the possibility of us helping with one of those unmovable, unmanageable accounts!

Prospero Wealth is excited to announce that we can now help our clients manage their financial accounts, wherever those accounts happen to be, even if the underlying assets cannot be moved to one of our trusted custodians. Whether you have a 401(k) with your current employer, 529 plans for your kids, Health Savings Accounts with investment options, or a variable annuity that’s stumping you, we can now directly help you manage those investments to your specific requirements or financial plan.

Historically, advisors have not been able to provide ongoing management and oversight of these types of “held away” accounts due to technology limitations. Thankfully, we have partnered up with a technology provider that provides us with the tools we can use to view, research, manage, and trade any of your “held away” assets, and to do it in a manner that is aligned with our fiduciary obligations.

There are several ways that this service can be valuable to you:

Comprehensive Management: For many of our clients, we already manage all of their accounts other than a smattering of “held away” assets. For these clients, we can be a one-stop investment shop.
Better Outcomes: Studies show that professionally managed accounts outperform unmanaged accounts by 3.32%, net of fees. See the below chart for an example of a 45-year old client using professional management for 20 years. (Edelman Financial Engines and Aon Hewitt. Help in Defined Contribution Plans. May 2014. Research results presented for informational purposes only.)
Asset Location Strategies: Optimize your allocation and reduce tax burden.

The best part of this new solution is that it fits seamlessly into our existing billing and fee systems. Please let us know if you have any questions or would like to reach out about the possibility of us helping with one of those unmovable, unmanageable accounts!

Prospero Wealth is excited to announce that we can now help our clients manage their financial accounts, wherever those accounts happen to be, even if the underlying assets cannot be moved to one of our trusted custodians. Whether you have a 401(k) with your current employer, 529 plans for your kids, Health Savings Accounts with investment options, or a variable annuity that’s stumping you, we can now directly help you manage those investments to your specific requirements or financial plan.

Historically, advisors have not been able to provide ongoing management and oversight of these types of “held away” accounts due to technology limitations. Thankfully, we have partnered up with a technology provider that provides us with the tools we can use to view, research, manage, and trade any of your “held away” assets, and to do it in a manner that is aligned with our fiduciary obligations.

There are several ways that this service can be valuable to you:

Comprehensive Management: For many of our clients, we already manage all of their accounts other than a smattering of “held away” assets. For these clients, we can be a one-stop investment shop.
Better Outcomes: Studies show that professionally managed accounts outperform unmanaged accounts by 3.32%, net of fees. See the below chart for an example of a 45-year old client using professional management for 20 years. (Edelman Financial Engines and Aon Hewitt. Help in Defined Contribution Plans. May 2014. Research results presented for informational purposes only.)
Asset Location Strategies: Optimize your allocation and reduce tax burden.

The best part of this new solution is that it fits seamlessly into our existing billing and fee systems. Please let us know if you have any questions or would like to reach out about the possibility of us helping with one of those unmovable, unmanageable accounts!