We’ve added a page to the Fulcrum Partners website, outlining our step-by-step executive benefits consulting process. You’ll find the page as a link off our “Team” page, clickable from the on-page hyperlink: 7-Step Executive Benefit Plan Consulting Process.
Although we’ve previously shared the executive benefits consulting process on Deferred Compensation News and Updates and we include a downloadable PDF, we want to make it easily available to website users who access out site by mobile devices and who may prefer to bypass the mobile download process.
Simplified, our consulting protocol includes:
- Discussion of Objectives and Design Issues
- Preliminary Design of Plan
- Funding Analysis
- Benefit Security Issues
- Development and Process Recommendations
- Plan Administration
Within each of these steps there are numerous considerations, for example, Step 4. Benefit Security Issues includes assessing the level of protection desired and whether it represents a change in control, change of heart or bankruptcy. There’s also a built-in review of security devices including Rabbi Trusts, Rabbicular Trusts, “Haircut” Provisions, Secured Trust, Split-Dollar and Indemnity Insurance. Each level of consideration is outlined on our Fulcrum Partners executive benefits consulting process page and, explained, discussed and evaluated with, and for, each client.
Sound simple? We ensure that for our clients, it IS simple.
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Securities offered through Lion Street Financial, LLC (LSF) and Valmark Securities, Inc. (VSI), each a member of FINRA and SIPC. Investment advisory services offered through CapAcuity, LLC; Lion Street Advisors, LLC (LSF) and Valmark Advisers, Inc. (VAI), each an SEC registered investment advisor. Please refer to your investment advisory agreement and the Form ADV disclosures provided to you for more information. VAI/VSI, LSF and BDO Alliance USA are non-affiliated entities and separate entities from Fulcrum Partners and CapAcuity, LLC. Unless otherwise noted, VAI/VSI, LSF and BDO Alliance USA are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any other company, agency or government agency identified or referenced in this document.