Busy Boomers

As a Baby Boomer with a seasoned perspective, you know a thing or two about what you want out of life during your career as well as onward into retirement. But for all your knowledge, you may be unsure of just where you stand or what it will take you to get where you want to go.  As do all Baby Boomers, you need sound answers to your questions of uncertainty, such as:

  • Are my current investments top-tier or even suitable?
  • When can I retire and will I have enough to last through retirement?
  • How much risk should I or do I have to take?

Whether you’re 15 years from retirement or currently retired, these questions need clear answers with reasonable expectations.


Employer-Sponsored Retirement Plans

As the named fiduciary on your company’s employer-sponsored retirement plan, you know the DOL has increased their attention on your role as the ERISA fiduciary and introduced several new fee disclosure requirements.  Few plan sponsors understand what ERISA demands of them in general, let alone the demands imposed by the new requirements or the many other complex areas of plan administration.  Plan sponsors' most common areas of dissatisfaction with existing plans and service providers are:

  • Gaps in investment menu
  • Poor investment performance
  • Team turnover and infrequent interaction with current advisor
  • Recurring service issues
  • Out-of-date plan provisions
  • Lack of low-cost ETFs or market index funds

The legal responsibilities and accountabilities placed on the retirement plan fiduciary have never been greater and relying on your current provider or advisor to assume your fiduciary role is imprudent.  As an independent RIA firm, STA can take on some or all of the potential plan fiduciary liability as a 3(21) or 3(38) investment advisor.   We also offer unbiased fund lineup selection from a platform with more than 13,000 Mutual Funds and ETFs and can be bundled with a full service TPA/custodian. 


Retirees or Income Seekers

While you were working, your employment income met your day-to-day living expenses but now that you are retired or on a fixed income, your portfolio needs to generate income to meet some or most of your living expenses.   Portfolio income, preservation and stability have now become top priorities.  Some common questions are:

  • With the rising cost of living and low interest rates, how will my portfolio generate enough income?
  • How long will my money last?
  • What should my allocation be to stocks, bonds, cash or CDs, and precious metals?
  • How much risk do I take without exposing my nest egg to a lot of volatility?

As an experienced investor, you know market and economic downturns can be disparaging.  At STA, we help our clients strike the right balance between risk and income needs by listening to their objectives and structuring investment allocations for broad, diversified income.  


Young Professionals

As generations Y and X, you are in the accumulation phase of your life and time is on your side. These are the years focused on earning and advancement but are also among the busiest years of your life both at work and at home.  During these years, it can be tempting to overlook your financial future; however, these years are critical in achieving your long term success.  You may be asking yourself:

  • How much should I be contributing to my 401(k), 403(b), IRA or Roth?
  • Should I leave a balance in my previous employer’s retirement plan or roll it over?
  • Should I save for my children’s education and what is the best way?
  • How do I balance short and long-term goals while minimizing debt?

You’ve got decades of working years ahead of you.  Allow us to help you lay a firm foundation, which is critical to achieve your long term goals and to avoid common mistakes.