Mike Kane
| Other Names: |
Michael M. Kane, Michael Maurice Kane
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| DBA: |
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| Type: |
Dual Registration |
Description
Michael M. Kane & Plan Sponsor Consultants, nationally recognized as a Finalist for the 2010 National Retirement Plan Adviser Team of the Year Award* by Plan Sponsor Magazine, is a member firm of National Retirement Partners, an independent consulting firm dedicated primarily to the retirement plan market. Our services
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also include Retirement Plan Benchmarking , Excess Revenue Recapture, Fee Analysis and Negotiation for Plan Sponsors and, as a Centre for Fiduciary Excellence Analyst, Fiduciary Assessment and Certification of Retirement Plans for meeting the Global Standard of Fiduciary Excellence. With the recent spike in employee driven litigation in todays highly volatile market environment and new fee disclosure regulatory requirements, employers are at a greater fiduciary risk than ever before. Find out if you comply with the 22 prudent fiduciary practices which comprise a Global Standard of Fiduciary Excellence and that have been fully substantiated according to the Center for Fiduciary Studies by legislation, case-law, and regulatory opinion letters by taking our Plan Sponsor Self Assessment.
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Answers and Guides
Level 15
Level 15 Contributor
8 Answers and 0 Financial Guides
Top Answers
Answered Mar 09, 2012
near Alpharetta, GA
Great West and Mass Mutual do an excellent job with assets beginning as low as $500,000. As you get North of that number, we like Putnam and Diversified. Putnam uses GW's platform, along with other insitutional folks.
Answered Mar 15, 2012
near Alpharetta, GA
I am a proponent of Managed Accounts, since most people don't have the time, knowledge or savvy to invest. Most fund managers that I have met, use someone to manage their money. While I share some of your concerns about your ex-employer having the potential
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I am a proponent of Managed Accounts, since most people don't have the time, knowledge or savvy to invest. Most fund managers that I have met, use someone to manage their money. While I share some of your concerns about your ex-employer having the potential to switch service providers, you need to look at the expense. When your money is in a 401(k) plan, you are avoiding many of the fees that you would have to pay when buying retail shares. I understand that discount brokerage could have offer some opportunities, but please take into consideration the expense factor.
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Answered Jan 20, 2012
near Alpharetta, GA
We have heard as recently as yesterday that it will not be extended, but nothing is for sure on paper.
Think of it this way though, you are better to go ahead and comply early. If you're ready early, what is wrong with that? But if you aren't and wait
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We have heard as recently as yesterday that it will not be extended, but nothing is for sure on paper.
Think of it this way though, you are better to go ahead and comply early. If you're ready early, what is wrong with that? But if you aren't and wait until the last minute, you're going to have a lot to do at the last minute. Sure, it isn't finalized, but a modification here and there is much easier than trying to do it all at once.
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*Answers and guides are provided without compensation.
Advisor Information
Advisor Assets Under Management
$12.9M
Estimated Average Account Balance Per Client
*An individual AUM and number of accounts has been entered by the advisor and has not been verified.
Advisor Client Types
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Pension and Profit Sharing Plans |
95% |
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Individuals |
5% |
*The Client Types data displayed has been entered by the advisor and has not been verified.
Experience and Employment History
| Employer |
Years |
Dates |
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LPL Financial LLC
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2 years, 7 months
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Nov 2010 -
Present
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Nrp Advisors, Inc
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4 years, 11 months
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Jul 2008 -
Present
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Nrp Financial, Inc
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4 years, 11 months
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Jul 2008 -
Present
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New England
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19 years, 9 months
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Oct 1988 -
Jul 2008
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New England Securities
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19 years, 9 months
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Oct 1988 -
Jul 2008
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*Experience and Employment History information reflects the past 10
years of employment as reported on the SEC ADV filing as of 02/10/2012, and is not a complete representation of the advisor's experience and
employment history. Furthermore, the advisor is required to provide this information only while registered with an investment advisor firm
and the information is not updated through Form U4 after the advisor ceases to be registered. Therefore, an employment date of "Present" may not reflect the advisor's current employment status.
Licenses and Conduct
| Regulator |
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License Status
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Registered
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Registered
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Disclosures
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| As of Date |
02/10/2012
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06/06/2012
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*This advisor may not be SEC registered. The SEC maintains the database for state registered advisors as well as SEC registered advisors.
*A single dispute is often reported by both the SEC and FINRA and therefore will be reported as both an SEC dispute and FINRA dispute in this section.
*BrightScope is not endorsed by or affiliated with FINRA.
Advisor Exams
| Exam |
Series |
Passed Date |
| General Securities Principal Examination |
Series 24 |
05/19/1987 |
| General Securities Representative Examination |
Series 7 |
12/21/1985 |
| Direct Participation Programs Representative Examination |
Series 22 |
12/29/1983 |
| Uniform Securities Agent State Law Examination |
Series 63 |
05/18/1983 |
| Investment Company Products/Variable Contracts Representative Examination |
Series 6 |
11/08/1982 |
Advisor Compensation Arrangements
Fee Only
Advisor
This advisor has certified that they are compensated solely by their clients,
and do not accept commissions or compensation of any kind based on the products they recommend.
