Uploaded by romerolpl on Jul 18, 2011
714 | 547 | 8787 *** www.RomeroWM.com
Dan Romero CFP®, AIF®, CFS
Most people don't even know what a Fiduciary is, let alone what their responsibilities are.
In the case of a 401k this is someone managing the assets of another person and stands in a special relationship of trust, confidence, and/or legal responsibility.
According to the US department of Labor "Fiduciaries who do not follow the basic standards of conduct may be personally liable to restore any losses to the plan, or to restore any profits made through improper use of the plan's assets resulting from their actions"
Working with a consultant allows your advisor to be part of team, even signing on as a Fiduciary with respect to the investments of the plan as defined under Section 3(21)(A)(ii) of ERISA.
If you don't feel like you are getting the most out of your 401k, or you have more questions about your responsibility as a Fiduciary, please come in for a free consultation to find out what Romero & Levin Wealth Management has to offer you.
714 547-8787 x 107
www.RomeroWM.com
No information provided on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under securities laws of such jurisdiction. Registered Representatives of LPL Financial LLC disclosed on this site may only discuss securities or transact business with persons who are residents of the following states: AZ, CA, CO, HI, MN, MS, NC, NY, OH, SC, TX, & WA.
Daniel Romero, Melissa Levin and Greg Levin are Registered Representatives with and offer Securities & fee based asset management through LPL Financial LLC a Registered Investment Advisor and Member FINRA/SIPC.
Daniel's CA Insurance Lic #:OC54180 - Melissa's CA Insurance Lic #:0C56086 - Greg's CA Insurance Lic #:0F08519 LPL Tracking #602008
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ Practitioner, which it awards to individuals who successfully complete initial and ongoing certification requirements.
Category:
Tags:
- AIF
- AIFA
- 401(k)
- 401k
- fiduciary
- ERISA
- 321A Fiduciary
- defined contribution
- defined benefit
- Dan Romero
- Dan
- Romero
- Daniel. Daniel Romero
- Daniel S. Romero
- CFP
- CFS
- Santa Ana
- Tustin
- Orange County
- California
- Investments
- mutual funds
- ETF
- annuity
- group annuity
- insurance
- fiduciary guarantee
- fiduciary warantee
- CKP
- C(K)P
- TRAU
- LPL
- LPL Financial
- Responsibility
- FIRM
- fi360
- retirement
- saving
License:
Standard YouTube License
-
1 likes, 0 dislikes
2:12
Remember when you were a kid? Things were simple. Life was good.by romerolpl1,878 views
6:22
401k Employee Education - Demo Videoby rvictor126511 views
0:49
A New Benchmark for 401k Financial Educationby Feelsmartabout3,404 views
7:03
Nike 401K - Get on The Playing Fieldby ParishInvestments767 views
8:24
The Truth Behind Hidden Fees in 401(k) Plans (Part 1/3)by Echards28,554 views
5:36
TODAYS SILVER VALUES BASED ON SPOT PRICEby ScrapGoldBusiness1,477 views
14:03
Checks and Balances TV 2010 Year in Reviewby ChecksAndBalancesTV33,980 views
2:46
Gold Investment Plan Secure-Buy Silver and Gold-Prices at Today's Market Rate , ETFby GoldInvestmentPlan11,350 views
3:16
Individual 401K : SOLO 401K For Self Employed Business Owners Offered By Sunwest Trust, Incby sunwestira79,430 views
2:48
Retirement Plan: How much is your Roth IRA or 401(k) really worth?by retiresecure2,630 views
1:48
What your Financial Advisor isnt telling you....by BruceFenton7,026 views
3:38
Be Smart When You Rollover Your 401kby MarottaOnMoney147 views
4:02
Part 3 of Solo 401k vs. Self Directed IRA - High Contribution Limitsby unlimitedinvesting3,336 views
3:21
The Joy Of Tax: Pre-Tax vs. After-Tax Contributionsby SilverTalksMoney195 views
9:18
Why Dump Social Security and howby kenh364151 views
2:31
Pensions vs. defined contribution plansby mutualfundstore417 views
4:13
Cashout 401(k)by FinancialStraightTal1,129 views
1:56
Merrill Edge -- Catching Up with My Old 401(k)sby MerrillEdge889 views
4:40
Joe Arsenault--401K Rolloversby Shurwest132 views
4:18
Avoid the 401K/Tax Deferral Trapby scottscholz9253 views
- Loading more suggestions...
All Comments