PLANADVISER - March/April 2019 - 32

PLANSPONSOR
Retirement
Plan Adviser
Mega Team
of the Year
Bukaty Companies Financial Services
T
o improve participants' retirement
readiness, Bukaty Companies
Financial Services, in Overland
Park, Kansas, launched its own financial
wellness program last year.
" What makes our program unique
is not our interactive participant
advice platform, or even our automatic
investing option through a new cashback-on-spending
solution, " says Vince
Morris, founder of the Financial Services
team. " What makes our program
completely transformative and poised
to greatly affect participants' retirement
readiness is the proactive human
outreach from a licensed financial
mentor at our call center. By walking
the participant through simple conversations
and easy-to-achieve objectives,
we can really impact [his] ability to
improve a range of financial stressors-
such as debt, including student loan
debt-as well as counsel on asset allocation,
savings rate, tax optimization,
investments, etcetera. "
To make the help more widely accessible,
the call center has Spanish- and
English-speaking financial advisers.
Morris says this human element
" is key to helping more people become
financially secure and to producing
behavior modification. " It lets the team
go beyond education to monitor participant
progress and provide encouragement
as the program advances.
Bukaty wants to be a single-source
solution for clients, he says. To help
participants with their finances,
the
firm's cash-back program is tied in to
their credit card spending, with thousands
of merchants participating. As
participants charge purchases at these
merchants, a percentage of the total is
diverted back to their retirement plan.
management services due to the size
of their accounts. " But through our
program, they can benefit from the
same asset management and advice
given to wealthy individuals, " Morris
says. " There's a convergence in the
industry of retirement plan adviser
services and wealth management
This human element " is key to helping
more people become financially
secure and to producing behavior
modification. " It lets the team go
beyond education.
Recently,
to
it
introduced personalized
portfolios, which give participants
access
professional
investment
management via a 3(38) advice arrangement.
The portfolios are currently integrated
with three recordkeepers, and
more are in the pipeline. " Through this
offering, we can help provide advice on
savings rates, tax treatment, allocations,
actively managed Social Security
optimization and, ultimately, drawdown
strategies, " Morris says.
He notes that many of the personportfolio
participants
would
services. We believe everyone should
have financial freedom and be financially
successful at any income level. "
The participant-level services are at
the core of what Bukaty offers to plan
sponsor clients.
Each member of Bukaty's 30-person
tasked with performing a
team is
specific function in support of
the
alized
client experience and enjoys autonomy
in that role, Morris says. The diversity
and specialization of the team-which
includes retirement plan advisers,
wealth advisers,
client
relationship
have no access to professional wealth managers, employees focused on port32
| planadviser.com March-April 2019
Photography by James Rajotte
http://www.planadviserdigital.com/planadviser/march_april_2019/TrackLink.action?pageName=32&exitLink=http%3A%2F%2Fplanadviser.com

PLANADVISER - March/April 2019

Table of Contents for the Digital Edition of PLANADVISER - March/April 2019

2019 PLANSPONSOR Retirement Plan Advisers of the Year
Coaching the Committee
When Savers Exceed the Limit
The Role of Alternatives
Buyer Beware!
Are Personal Advisers ERISA Fiduciaries
Unrelated Taxable Income and Pensions
An IPS Is Not Required
PLANADVISER - March/April 2019 - C1
PLANADVISER - March/April 2019 - FC1
PLANADVISER - March/April 2019 - FC2
PLANADVISER - March/April 2019 - C2
PLANADVISER - March/April 2019 - 1
PLANADVISER - March/April 2019 - 2
PLANADVISER - March/April 2019 - 3
PLANADVISER - March/April 2019 - 4
PLANADVISER - March/April 2019 - 5
PLANADVISER - March/April 2019 - 6
PLANADVISER - March/April 2019 - 7
PLANADVISER - March/April 2019 - 8
PLANADVISER - March/April 2019 - 9
PLANADVISER - March/April 2019 - 10
PLANADVISER - March/April 2019 - 11
PLANADVISER - March/April 2019 - 12
PLANADVISER - March/April 2019 - 13
PLANADVISER - March/April 2019 - 14
PLANADVISER - March/April 2019 - 15
PLANADVISER - March/April 2019 - 16
PLANADVISER - March/April 2019 - 17
PLANADVISER - March/April 2019 - 18
PLANADVISER - March/April 2019 - 19
PLANADVISER - March/April 2019 - 20
PLANADVISER - March/April 2019 - 21
PLANADVISER - March/April 2019 - 2019 PLANSPONSOR Retirement Plan Advisers of the Year
PLANADVISER - March/April 2019 - 23
PLANADVISER - March/April 2019 - 24
PLANADVISER - March/April 2019 - 25
PLANADVISER - March/April 2019 - 26
PLANADVISER - March/April 2019 - 27
PLANADVISER - March/April 2019 - 28
PLANADVISER - March/April 2019 - 29
PLANADVISER - March/April 2019 - 30
PLANADVISER - March/April 2019 - 31
PLANADVISER - March/April 2019 - 32
PLANADVISER - March/April 2019 - 33
PLANADVISER - March/April 2019 - 34
PLANADVISER - March/April 2019 - 35
PLANADVISER - March/April 2019 - 36
PLANADVISER - March/April 2019 - 37
PLANADVISER - March/April 2019 - 38
PLANADVISER - March/April 2019 - 39
PLANADVISER - March/April 2019 - 40
PLANADVISER - March/April 2019 - 41
PLANADVISER - March/April 2019 - Coaching the Committee
PLANADVISER - March/April 2019 - 43
PLANADVISER - March/April 2019 - 44
PLANADVISER - March/April 2019 - 45
PLANADVISER - March/April 2019 - When Savers Exceed the Limit
PLANADVISER - March/April 2019 - 47
PLANADVISER - March/April 2019 - 48
PLANADVISER - March/April 2019 - 49
PLANADVISER - March/April 2019 - The Role of Alternatives
PLANADVISER - March/April 2019 - 51
PLANADVISER - March/April 2019 - Buyer Beware!
PLANADVISER - March/April 2019 - 53
PLANADVISER - March/April 2019 - Are Personal Advisers ERISA Fiduciaries
PLANADVISER - March/April 2019 - Unrelated Taxable Income and Pensions
PLANADVISER - March/April 2019 - An IPS Is Not Required
PLANADVISER - March/April 2019 - C3
PLANADVISER - March/April 2019 - C4
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