Boosting Participation Rates and Retirement Savings: Strategies for Advisors Partnering with Ascensus
Learn how advisors can transform retirement plan participation rates through strategic planning and personalized support.
Our Advisor Stories series showcases real-world insights and strategies from successful advisors.
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Strategic Planning: Use data and intelligence from recordkeeping platforms to develop and implement plan design changes, such as automatic enrollment and automatic increase provisions.
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Personalized Support: Combining strategic planning with one-on-one coaching and guidance helps employees understand their financial situation and make informed decisions.
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Successful Outcomes: Implementing these strategies can significantly boost participation rates and help employees adequately save for their retirement.
Advisor story: How have you partnered with Ascensus to help a client reach their goals?
We spoke with Ascensus Elite Advisor Alex Assaley, managing principal, AFS 401(k) Retirement Services, to learn about how partnership was important in helping a client reach its goals to boost participation, savings rates, and the overall value of the plan.