Fairport Can Help You:
Manage Your 401(k), 403(b), And IRA
In a 2018 Charles Schwab Survey, nearly 40% of 401(k) participants expressed interest in receiving specific advice on how to invest their 401(k) plans.
Could you benefit from professional guidance with your 401(k) or 403(b) plan?
Are you overwhelmed by the volume of 401(k) information, most of it now only accessible online?
Do you find that your plan’s mutual fund choices include confusing investment terms and fund names?
Are you frustrated by a “user-unfriendly” website where it’s challenging to get the information you need and difficult to make the changes you want?
Are you put off by the plan’s 800 number representative whose immediate suggestion is to invest in a target-date fund?
Fairport’s Profit & Protect service offers personalized advice based on your risk tolerance and customized to the funds available in your investment plan.
Fairport researches the investment choices in your 401(k), 403(b), or other retirement plan.
We rank the non-target date funds available in your specific plan using our proprietary investment criteria.
On a quarterly basis, we recommend the 3-4 funds expected to outperform during the next quarter.
Fairport’s active analysis, ranking, and concentrated allocation strategy is different than – and, we believe, superior to – the passive, diversified investment strategy used by most investment models. For example, target-date funds in many retirement plans allocate a substantial portion of the portfolio to fixed income funds that currently provide a very low, or possibly negative, real return.
How Our Process Works
You provide your latest account statement and a list of your plan’s investment choices to Fairport.
At the beginning of each quarter (or more often during periods of market volatility), Fairport emails you its recommendations for allocations to specific investment funds in your plan. We advise you how much to invest, in which funds, and when. You execute these reallocations either online or by calling the plan administrator’s 800 number.
At the end of each quarter, you share a copy of your quarterly statement with Fairport when you receive it. Your statement enables us to confirm your current asset allocation and track your returns.
After each quarter, Fairport sends you a quarterly invoice. We do not deduct our fee from your plan assets.
Our fee is ¼ of 1% per quarter (which equals 1% per year) on your total account balance. Our minimum fee is $62.50 per quarter. For example, if your 401(k) balance at the end of a quarter is $65,000, your fee for the quarter is $65,000 x .0025 = $162.50.
Your fee is our only compensation. Fairport receives no revenue from third parties – such as fund managers, plan administrators, or employers — for its advisory service.
Fairport does not require a long-term contract. You can cancel our service at any time simply by notifying us via email. There is no cancellation fee.
Fairport never has access to your account. No third party, including Fairport, can initiate any action, including withdrawals, involving your account.
|Performance Matters – Why Maximizing Your Investment Is Vital!
If an investor contributes $10,000 per year for 25 years, the balance on this $250,000 investment will be:
$424,788 – if the average annual gain is 4%
$760,302 – if the average annual gain is 8%
$1,413,339 – if the average annual gain is 12%
This example illustrates that, regardless of how much or for how long you invest, performance matters!
Complete the information in the CONTACT US tab below to learn how our Profit & Protect service can work for you.