|Other Names:||Allan Charles Henriques|
Chief Compliance Officer
Allan Henriques is the President and Chief Executive Officer for Smart Investor, an independent, fee-only Registered Investment Advisor based in Rocklin, California. Allan and the Smart Investor team provide portfolio management and financial planning services to individuals, high-net-worth individuals, pension and profit-sharing ...(see more)
Sacramento-area 401(k) plan participants, in Smart Investor's experience, have a lot in common with average Americans. At least that's true in terms of average Americans as portrayed by the Employee Benefit Research Institute's (EBRI) 2012 Retirement Confidence Survey fact sheet, "Age Comparisons Among Workers."
Retirement plan providers all talk a good game. Plan sponsors need to ask smart questions to identify the best candidates. To help you, Smart Investor will present a series of posts listing key questions for your potential providers. Today's post focuses on questions about services such as investment advice, education, participant communications, recordkeeping, and custody.
Retirement plan sponsors, beware! The anger that fueled Occupy Wall Street and, closer to home, Occupy Sacramento and Occupy Stockton, could spread to the 401(k) world.
Most plan sponsors don't feel the urgency of fulfilling their fiduciary responsibility to their defined contribution plans. There are three main reasons these business owners stick with their current plans, even if the plan has flaws that cost their employees
Allan Henriques of Smart Investor tells his personal story and discusses the passion that drives him and his colleagues to do the best for their clients.
Every employer likes to feel appreciated. So you'll be happy to learn that employees appreciate that you offer a 401(k) plan, as reflected in results of repeated surveys conducted by the Investment Company Institute (ICI).
Common sense sometimes flies out the window in the regulation of retirement plans. For example, investment advice isn't always considered "investment advice" under the Employee Retirement Income Security Act of 1974 (ERISA). Assistant Secretary of Labor Phyllis C. Borzi explained this in testimony delivered on July 26, which appeared in an edited format in Investment News.
Simply setting up a 401(k) plan isn't enough. You need to educate your employees, too. At least that's what Smart Investor takes away from statistics on the gap between the amount people need for retirement and what they've actually saved in their 401(k) plans.
Participants in smaller 401(k) plans pay higher expenses on average than participants in larger plans, according to study results announced in a press release by Financial Research Corporation (FRC). But this may change as the result of greater awareness of costs.
|High Net Worth Individuals|
|Pension and Profit Sharing Plans|
*The Client Types data displayed is firm level data as reported on the SEC ADV filing.
|LPL Financial LLC||1 year||Sep 2009 - Sep 2010|
|Associated Securities Corp.||6 months||Dec 2008 - Jun 2009|
|Dal J. Darrac & Co. Inc.||6 years, 8 months||Jul 2007 - Present|
|FSC Securities Corporation||7 years, 4 months||Aug 2001 - Dec 2008|
|Smart Investor||12 years, 9 months||Jun 2001 - Present|
|Smart Investor Services||12 years, 9 months||Jun 2001 - Present|
2 Customer Disputes
2 Customer Disputes
|As of Date||
*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.
|General Securities Principal Examination||Series 24||12/03/1993|
|Uniform Securities Agent State Law Examination||Series 63||05/13/1987|
|General Securities Representative Examination||Series 7||07/19/1986|
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.