Retirement Planning
Comprehensive Strategies for Long-Term Financial Wellness
Essex Financial is a leading Independent Registered Investment Advisor (RIA) serving employers across New England with over 25 years of experience in retirement plan consulting. Specializing in employer-sponsored retirement plans, our firm delivers comprehensive advisory and consulting services designed to support fiduciary responsibilities and improve participant outcomes.
Fiduciary
Fiduciary Solutions
At Essex Financial, we offer ERISA-compliant fiduciary services designed to support employers in managing their retirement plans with transparency, integrity, and expert oversight. Our fiduciary solutions help mitigate risk and ensure alignment with regulatory standards while maintaining a focus on performance and suitability.
Our fiduciary services includes:
- Ongoing monitoring of plan investments for performance, quality and suitability
- ERISA Section 3(21)(A) Co-Fiduciary Services
- Full transparency and disclosure of all services and associated fees
- Development and maintenance of a customized Investment Policy Statement (IPS)
Consulting
Plan Consulting
Our retirement plan consulting services are tailored to meet the unique goals of each employer. We provide strategic guidance to help ensure plan suitability, regulatory compliance, and long-term success. Essex Financial partners with clients to evaluate and optimize retirement plan structures and provider proposals.
Our plan consulting services include:
- Plan suitability review and recommendation for optimal outcomes
- Support for 401(k), 403(b), SEP IRA, SIMPLE IRA, Solo 401(k), 457 plans and more
- Evaluation and comparison of proposals from Record Keepers and Third-Party Administrators (TPAs)
- Benchmarking of investment options, plan fees, and services
- Guidance on 404(a)(5), 408(b)(2), and 404(c) regulatory disclosures and compliance
Assistance
Participant Assistance
We provide direct support to retirement plan participants, helping employees make informed decisions about their financial future. Our participant assistance services are designed to enhance enrollment, education, and ongoing engagement with workplace retirement plans.
Services offered to plan participants include:
- Onsite or virtual group and one-on-one enrollment and investment meetings
- Dedicated point of contact for employee questions and service needs
- Personalized retirement income planning and investment consultations
- Assistance with loans, distributions, deferral changes, and beneficiary updates
Financial Planning
Discover how Essex Financial’s personalized financial planning strategies can help you build, manage, and preserve your wealth through every stage of life.
Explore Solutions That Work for Your Business and Employees
Talk to our Retirement Plan Services team today to learn how we can support your organization’s long-term financial goals.