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A 401k plan is often the largest, yet most frequently
neglected, retirement savings plan for most individuals. It’s quite
frequently the case that many employees have one or more 401k still with a
former employer. These 401ks may be either invested too aggressively or too
conservatively for their risk profile or retirement objectives. One
effective way is to gain control and consolidate all 401ks into an IRA so
that it can be invested in a style and objective that is consistent with
your age and risk tolerance so that retirement goals are more
achievable. Frequently, investors shy away from taking this very important
step because of the seemingly complicated nature of this process. We are
here to help you do this.
At Beam Capital Management, we realize that this is a
very important step and that’s why we have streamlined the process.
At Beam Capital Management we will:
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Prepare and send you the necessary paperwork to transfer your 401k to
an IRA
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Choose the investments appropriate for your retirement age and risk
tolerance
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Adjust the investment strategy over time to continuously suit your
needs
An IRA account in your name will be established with
TD Ameritrade Institutional that will have custody of your assets. Beam
Capital Management will be your investment advisor and will manage your
account.
Why use Beam Capital Management for your 401k to IRA
transfer?
Beam Capital Management is a Fee-only independent
investment management firm based on Wall Street. Our only business is
managing client accounts and providing advice. We do not sell any products
and we are not compensated by any form of commissions. Our only product is
our advice and our only mission is to choose the best and most suitable
investments for our clients. We have helped many clients in rolling over
their 401k into an IRA and we can help you too. Visit our
frequently asked questions page for more information.
Fees:
Beam Capital Management prides itself as being a
Fee-only investment advisor. We don’t get paid commissions for trades
executed in your account and we do not sell any investment products. In
return for managing your assets and choosing the most appropriate
investments in your account we simply charge an annual fee based on the
account balance according to the following schedule: 1.5% for the first
$500,000, 1.25% for the next $500,000, 1.00% for the next $1,000,000, and
negotiable thereafter.
*Please note that our minimum account size is $50,000 In order to get your 401k to IRA transfer started, please call us toll free Monday through Friday 9 AM-6 PM EST
at 877-536-9492 extension 4688 to speak to a rollover specialist. |
