- On 3 August 2014
- Posted by Chantal Mariotti
Show your employees that you care about their financial futures by providing them with the knowledge and insight on how to manage their money and invest in your company’s 401(k) plan. Teach them how to budget and plan for their future – for them and their dependents; they will appreciate it very much! ECG has worked closely with Searchlight Financial Advisors in Beverly Hills. They’ll work with you to gather all the necessary information on your Company’s 401(k) plan and various investment options.
Financial investments are different for everyone. Not only is investment advice important due to market swings, but it’s also important because everyone has different financial goals. For example, a long-term employee heading into their retirement years is going to have different goals than someone who just graduated from college and is new to the business world. In addition, it’s not uncommon for a person to have both short-term and long-term investments and financial goals that they’re looking to achieve.
Why is it important to seek out investment advice? Over the past several years it’s been very obvious how volatile investment markets can truly be, which is why it’s important to seek out and receive investment advice from a seasoned professional. ECG has partnered with Searchlight Financial Advisors in Beverly Hills. They offer complimentary one-hour financial seminars to your employees; guiding them through the choices they can make, and providing them with sound financial advice.
Encourage employees to participate in your 401(k) plan. As the job market continues to be competitive, it’s important for employers to evaluate their benefit packages in order to attract and retain top level employees. A 401(k) plan helps employees save for retirement and can be a valuable asset in any benefit package. Sam Rad and his team consults with companies on their current 401(k) plan to make sure that it’s a good fit for both the employer and the employee. Sam and his team explain the various options and risks for each investment choice to your employees during the complimentary seminar.
What is financial coaching? Why is it important? Financial coaching is the empowering process of teaching you how to make financial decisions and giving you the skills needed in order to confidently make those decisions. There’s plenty of financial advice out there, but most of it is useless, unless a person has been provided with a comprehensive education on financial matters. People make financial decisions each and every day, so it’s important to have the knowledge in place to decide what’s best for your specific situation. How much time do you truly spend on making financial decisions? Most people spend more time planning vacations than they do staying educated on their own finances. While this doesn’t mean that wrong decisions are being made, are they the best decisions? Financial coaching is important because the more knowledge that you have, the better prepared you are now and in the future.
Sam Rad is the host and speaker of the “Smart Money Fundamentals” radio show on KFWB every Sunday morning from 10am-12pm.