While online tax and retirement planning advice has grown in popularity, research1 shows that investors place high value on personal advice from a financial advisor who is familiar with their individual circumstances and understands their financial goals. No online tool to date is able to recognize a worried look, ask questions, offer encouragement and develop customized strategies to help investors prepare for retirement. As your clients’ trusted advisor, you are in a unique position to help them overcome the emotions that may get in the way of maintaining the long-term perspective required to achieve their retirement goals.
During times of market uncertainty, clients’ emotions can run especially high. Their investment judgment may be clouded, they may lose sight of their long-range plans and goals and, may be reluctant to make an IRA contribution. It’s times like these when your people skills are especially important.
OppenheimerFunds’ Compelling Wealth Management Conversations program is designed to help you address the emotional side of investing. Our program provides philosophical and historical context and perspective to help you keep your clients “buckled in” and on course for the long term. Our customizable presentation may be tailored to your client conversations.
An IRA for Anyone
Regardless of where your clients are on their financial journey, one thing is certain: contributing to a Traditional and/or Roth IRA is a key component to a sound financial plan for retirement. IRAs are an attractive vehicle for:
- Anyone with earned income;
- Clients who want to take advantage of the tax benefits a Traditional or Roth IRA can offer;
- Clients and/or their non-working spouses who wish to save for retirement but do not have access to an employer-sponsored plan; and
- Clients who want to save even more for retirement, over and above what their employer-sponsored plan may offer.
- Use our professional resources for advisors and insights on IRAs to begin to have meaningful discussions with your clients.
- Have your clients contribute to or establish their 2015 IRA before this year’s contribution deadline on Monday, April 18, 2016.2
For more information about an OppenheimerFunds IRA, please call our IRA Resource Center at 800 7837783 for support.
1 ~Source: ThinkAdvisor, February 16, 2016. “Advisors, Investors Still Hesitant on Robo-Advice,” Polls show. http://www.thinkadvisor.com/2016/02/16/advisors-investors-still-hesitant-on-robo-advice-p.
OppenheimerFunds is not undertaking to provide investment advice or to provide advice in a fiduciary capacity.
This material is provided for general and educational purposes only, is not intended to provide legal or tax advice, and is not for use to avoid penalties that may be imposed under U.S. federal tax laws. OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in a fiduciary capacity. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.
Investments in mutual funds are subject to market risk and volatility. Shares may gain or lose value.
This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.
These views represent the opinions of OppenheimerFunds, Inc. and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments.