James Holland
| Other Names: |
James Matthew Holland
|
| Firm: |
|
| Type: |
RIA |
Description
James Holland a financial professional at Millennium Investment and Retirement Advisors, LLC, a $147M dollar RIA based in McAlpine, NC. James has held an industry securities registration for 15 years and is subject to SEC oversight.
BrightScope Advisor Metrics
Answers and Guides
Level 19
Level 19 Contributor
22 Answers and 1 Financial Guide
Top Answers
Answered Apr 25, 2012
near Charlotte, NC
Paul Great question. First figure out the space you want to work in, small plan market, mid size, large, determine what role you are looking to assume, 3 (38) investment manager, educator, full scope 3 (21). Start to develop relationships with local
...(more)
Paul Great question. First figure out the space you want to work in, small plan market, mid size, large, determine what role you are looking to assume, 3 (38) investment manager, educator, full scope 3 (21). Start to develop relationships with local benefit brokers, P&C brokers, CPAs, Audit firms professionlas you can team with to tackle the market. BrightScope is a great tool as well there are many ways you can use all of the information BrightScope provides. Feel free to reach out to discuss in more detail. jamesh@miracenter.com
James
hide
Answered Apr 19, 2012
near Charlotte, NC
Edward great question YES their are people trying to change the system. That is the main focus of 408 (b) 2 & 404a5. The 401k plan is to be run for the sole benefit of the participants and their beneficiaries. I strongly encourage you to go to HR
...(more)
Edward great question YES their are people trying to change the system. That is the main focus of 408 (b) 2 & 404a5. The 401k plan is to be run for the sole benefit of the participants and their beneficiaries. I strongly encourage you to go to HR and bring a few co-workers along and ask Why do we have these invetsment choices in our plan? who decided on these options? What method was used to make this decision? Is there a committee? If so how do I get on it? Google 404 a5 and 408 b2 bring the articles to HR ask are we prepared for these disclosures? Odds are HR will not have the answers and will tell you they will get back to you. if you feel you have not recieved the answers you were looking for, take it to senior mang. As stated by a few others here, they are Fiduciaries and have a big liability exposure with the plan. They can address it internally and correct things or risk the DOL coming to audit the plan or getting sued by a disgruntled participant.
hide
Answered Jan 20, 2012
near Charlotte, NC
The date is irrelevant. Mike is right your plan needs to be compliant now. For those who continue to keep their head buried in the sand, I say good luck you are going to need it. The cat is out of the bag people are going to see that in many cases what
...(more)
The date is irrelevant. Mike is right your plan needs to be compliant now. For those who continue to keep their head buried in the sand, I say good luck you are going to need it. The cat is out of the bag people are going to see that in many cases what they have been told for years is in fact not true and they will be looking to hold someone accountable. Be proactive you still have a little time. If you are not sure of what to do or how to approach it, hire an INDEPENDENT QUALIFIED group to help you.
hide
See more Answers
Top Guides
Published May 18, 2012
“An estimated 72 million participants are covered by these participant directed plans, which contain nearly $3 trillion in assets.” Question to hr/cfo SIMPLE & CLEAR HR/CFO RESPONSES “HR+” answers prevent liability & concerns (if your
...(more)
*Answers and guides are provided without compensation.
Firm Client Types
|
Individuals |
|
Pension and Profit Sharing Plans |
*The Client Types data displayed is firm level data as reported on the SEC ADV filing.
Experience and Employment History
*Experience and Employment History information reflects the past 10
years of employment as reported on the SEC ADV filing as of 04/03/2012, 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 |
|
|
|
License Status
|
Registered
|
Not registered
|
|
Disclosures
|
|
|
| As of Date |
04/03/2012
|
10/23/2012
|
*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 |
| Uniform Combined State Law Examination |
Series 66 |
09/18/2007 |
| General Securities Representative Examination |
Series 7 |
02/18/1994 |
| Uniform Securities Agent State Law Examination |
Series 63 |
10/04/1991 |
| Investment Company Products/Variable Contracts Representative Examination |
Series 6 |
09/27/1991 |
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.
Types of Compensation Arrangements
|Hourly Charges+(5%25)|Percentage of Assets+(20%25))
