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Overview

Services

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Funds

Funds Used With Clients

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Firm Client types

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Qualifications

Experience

No timeline events available.
Employer Years Dates
Prime Capital Investment Advisors, LLC 1 year, 9 months Dec 2017 - Present
Ascende Wealth Advisers, Inc. 8 years, 11 months Oct 2010 - Present
Employee Benefit Solutions, Inc. 9 years, 4 months May 2010 - Present
Mbm Securities, Inc. 7 years, 5 months Jul 2003 - Dec 2010
Mbm Advisors, Inc. 10 years, 5 months Jul 2000 - Dec 2010

Designations & Memberships

  • Accredited Investment Fiduciary
    Designation
    Accredited Investment Fiduciary
    The Accredited Investment Fiduciary® (AIF®) designation represents a thorough knowledge of and ability to apply the fiduciary practices.
  • Certified Employee Benefit Specialist
    Designation
    Certified Employee Benefit Specialist
    Individuals certified are knowledgeable about employee benefits such as compensation structures. Program is overseen by Wharton School of Business at UPenn and Dalhousie University.
  • Chartered Financial Consultant
    Designation
    Chartered Financial Consultant
    Invididuals holding this designation understand the fundamentals of financial planning, including income tax, insurance, investment and estate planning.
  • Retirement Plans Associate
    Designation
    Retirement Plans Associate
    Individuals holding this designation understand the fundamentals of asset management and retirement planning.

Articles and Answers

Answers

Ask a financial questionAsk a question
My dad just retired at age 70 and wants to know if he should leave his 401k with his company or move it. Where would be the best place to move it?
Donald, this is a great question and the answer depends on a variety of factors. First, if your dad's account is held in a 401(k) plan with high fund expenses and participant direct charges for account administration, it is probably best for him to consider moving to an IRA. But if the 401(k) plan ...  (more)
Answered Jan 2013
What to look for in a 401(k) record keeper?
This is a very complicated question. Having been a recordkeeper myself for 10+ years as part of my 20+ year career has given me a huge advantage because I understand what different firms are trying to achieve when servicing their customers and I can often spot where they are strong and where they a...  (more)
Answered Aug 2013
I received a notice from s.s. thatI had a retirement account plan #is 94-1444798-003. Can you give me details?
When an employee terminates from service with an employer and has participated in the employer's retirement plan, a retirement benefit can accidentally be left behind. If you did not take a distribution when you left employment (or were not eligible for a distribution at that time) the employer must...  (more)
Answered Feb 2015
Permanently laid off. company relocated out of state.
John,If you are thinking of beginning withdrawals from your pension plan, the tax code does charge a 10% penalty for certain withdrawals made before age 59 1/2. However, there are several exceptions to this rule that may apply in your case. First since this is a defiend benefit pension plan, if y...  (more)
Answered Apr 2014
When is last day to make a contribution to my self employed 401k as an employer and employee for the tax year 2014?
401(k) plans can be designed to permit several different forms of contributions. Standard salary deferral contributions to the 401(k) plan can only be made during the plan year to which they are related. So if your plan was set up with a January 1, 2014 to December 31, 2014 plan year, then you woul...  (more)
Answered Feb 2015
When is last day to make a contribution to my self employed 401k as an employer and employee for the tax year 2014?
As I stated earlier, you cannot make your 401(k) salary deferral contribution at this point. Under Treasury Regulation 1.401(k)-1(a)(6), sole proprietor or partnership income is treated as becoming currently available to the person receiving the income on the last day of the sole proprietorship's o...  (more)
Answered Feb 2015
I am no longer employed with a company. I am wanting to withdraw the money I put in my 401k plan and want to know how?
First I want to state that I agree with James. These assets are for your future and should be left invested over the long term and allocated towards your retirement. But if you want to take a distribution from your plan, the process is fairly easy. First contact your plan's recordkeeper and request ...  (more)
Answered Feb 2015
Should my 401K contributions be 2 weeks behind being deposited into my 401K plan?
The delayed or "late" funding of salary deferrals and participant loan repayments is considered a "prohibited transaction" under ERISA and is one of the Department of Labor"s (DoL) top audit focus areas. The reason is that, once deferrals are "deemed" to be late, they become an extension of credit ...  (more)
Answered Aug 2013
Can my employer "single out" individual employees and not reward them with a bonus contribution to our 401k?
Kevin, I agree with James that it depends on a variety of factors. First of all, if you're saying that your employer only awards cash bonuses to select people, then that in and of itself is not really a retirement plan issue. A company's compensation policies are separate and distinct from the reti...  (more)
Answered Jul 2014
    *Answers are submitted by advisors without compensation.

    Licenses & Conducts

    SEC
    U.S. Securities and Exchange Commission
    • license status
      Registered
    • disclosures
      None
    • as of date
      Sep 20, 2018
    FINRA
    FINRA
    • license status
      Not registered
    • disclosures
      None
    • as of date
      Sep 20, 2018
    Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

    Assets

    Prime Capital Investment Advisors, LLC

    Last updated on Aug. 28, 2019
      • $9.8B
        Total Assets Under Management
      • N/A
        Total Assets Under Advisement
      • 6K
        Accounts
      • $1.5M
        Estimated Average Account Balance

    Fees

    Types of Compensation Arrangements

    • Percentage Of Assets
    • Hourly Charges
    • Fixed Fees
    • Performance-Based Fees
    • Other