Giving back is important to us, which is why we have dedicated our business to helping non-profits achieve their goals. Servus’s founder, Allan Malina, has an extensive understanding of the non-profit sector, and he understands how important it is for investments to be wise and strategic. At Servus, our focus is to lighten your load, and help maximize your resources without increasing expenditures. Our goal is to be more than just a service provider; we want to be your ally and your partner.
403(B) & 457 Retirement Plans
1. 10-50% LESS FEES
Let’s take a second to break down what actually goes into the plan management fees you’re paying. Non-profit and Government plan fees are typically broken down into two things: administrative fees and investment vehicle fees. The problem is, many brokers take advantage of these fee structures. In fact, a recent CNBC article states that brokers who are compensated financially tend to steer people into bad retirement investments that have high fees and poor returns. This costs clients in the U.S. up to $17 billion per year, based on White House estimates.
Because Servus Capital Management is a Registered Investment Advisor, we have the flexibility to build more diverse and accommodating portfolios. Plus, our services save you 20-40%% more than the average 403(b) & 457 plan by cutting fees alone.
- Our fee: 1.30%
- Their fee: 2.5+%
Who directly benefits from these fee savings? Your employees. By using an independent RIA like Servus, participants in your retirement plan could save 20% or more in in fees, which means tens of thousands of dollars added to their retirement funds with no extra effort.
This is an example of how we may save the employees money by reducing the fees. The reduction in fees is determined by who is currently administering the plan, investments, plan assets and other areas that typically have a fee associated. The above fee structure is from a real world example and may differ from your results. Contact us for an analysis of your company retirement plan.
2. SERVICE FOR YOUR EMPLOYEES
Many investment advisory firms will set up your retirement fund and stop right there. At Servus, we want our relationship with your employees to continue. We work with your employees one on one and walk through our signature four-step process to determine their individual retirement goals.
3. FIDUCIARY DUTY
Fiduciary duty is a significant responsibility for an employee to bear. Many people who have fiduciary duty, do not realize that they are personally liable for plan losses.
- You are legally responsible to act solely in another party’s interests
- You cannot profit from your relationship with the principals without consent
- You can be personally liable for any losses to the plan
Servus Capital Management owe fiduciary duty to our clients. This can alleviate an employee from bearing all the personal liability for the plan and saves time by streamlining communication between the principals, the plan participants, and the RIA managing the plan.
We work with various departments to design and implement policies to help your organization manage its resources. Whether you need us to work with your organization, regulating bodies, or other advisors, we will make sure that your resources are managed wisely.
Investment and trust management
Investment management is a very dynamic process and there are many different types. SCM has a process which determines the client’s goals, the amount of risk they want and need, as well as determines the appropriate investment vehicles the client is comfortable with.
Once these areas are determined SCM then uses a strategic and tactical approach to portfolio management. We believe if we determine where the macro economy is heading; we can analyze the best areas of investment in the current economic environment and examine the fundamentals of the best available asset classes in which to be invested. At this point, SCM uses a technical analysis overlay to help determine the best entry point according to price movement. Our focus of prudent investment management is meant to maximize the return and minimize losses within the particular investment policy.
We also realize that many times a non-profit institution is made the beneficiary but also the trustee of various trusts. Because of the complexity and desire to shift some of the financial advisory and fiduciary duties, we are chosen to work alongside the non-profit. We take what the non-profit instructs us and design ways to implement the strategic plans to meet the needs of the client as well as the donor.
Working with donors
Many times non-profits do not have sophisticated planned giving or estate planning departments within their organization. Since the founder of SCM worked in a highly sophisticated estate planning department of one of the largest private Universities in America, SCM can assist non-profits in helping the donor achieve the desired gift. As we work with our non-profit clients we will not solicit any donor to be our client, our focus is to help the non-profit serve their donors.