Saturday, August 19, 2017

The Importance of a Personalized Retirement Planning Approach

Allegis Wealth Advisors provides marketing and management solutions that enable wealth and risk advisors to reach clients and generate robust portfolio returns. Experienced Allegis Wealth Advisors team members assist representatives in developing focused seminars and high-quality referrals that provide a low-cost pathway to building a client base.

Emphasizing a “one roof” approach, the firm employs a leading-edge compensation model in providing a full range of financial products and services. One area of extensive knowledge is retirement planning, which requires a careful weighing of client objectives and timeframe with current market dynamics.

One common flaw when designing a retirement portfolio is to look at “averages” and not the individual whose assets are being managed. Relying on average baseline scenarios can result in lumping together a number of factors that, taken separately, point to an individual whose changing circumstances are unlikely to mirror the average retiree.

The successful financial advisor takes time to discuss the impacts of life choices with clients as they change over time and the odds that a specific decision will have a positive or negative impact on retirement savings. This active weighing of risks and returns enables a more accurate calibration of portfolio allocation in ways that match client expectations. Allegis Investment Advisors offers custom strategic solutions that emphasize a team approach to weighing options and ensuring that clients are satisfied in the long term with the financial decisions they make.

Friday, August 11, 2017

Information Required for a Personal Needs Analysis

Providing advisory services through Allegis Investment Advisors, Allegis Wealth Advisors seeks to educate investors and inspire them to take action. Allegis Wealth Advisors offers a wide array of services, including retirement planning and personal needs analysis.

Investors are often asked to supply information regarding their objectives, current financial situations, and personal needs in order to complete the personal needs analysis associated with retirement planning. The information typically required includes:

1. Personal information, such as contact information, marital status, and dependents.

2. Employment information, like company name and address and commencement date.

3. Income information, including annual salary, bonus and commissions, income from interest, rentals and dividends, and social security benefits. 

4. Household expenses like utilities, food, insurance, car and mortgage payments, health care costs, entertainment, and any additional planned expenses.

5. Assets, including your residence, cars, jewelry, artwork, savings, annuities, mutual funds, etc.

6. Liabilities, such as a mortgage, investment properties, credit cards, and personal loans.

Thursday, June 22, 2017

What is NAILBA’s Douglas Mooers Award for Excellence?

From its headquarters in South Jordan, Utah, Allegis Wealth Advisors draws upon the talents of its team of investment advisors to provide wealth management services to clients throughout the United States. Additionally, Allegis Wealth Advisors retains membership to the National Association of Independent Life Brokerage Agencies (NAILBA), which represents and advocates on behalf of agencies in the life brokerage sector.

Beyond this work, NAILBA oversees the Douglas Mooers Award for Excellence, its most coveted prize. Established in 1986, the award carries the name of the founding chairman of NAILBA and is given annually to individuals who demonstrate an exemplary commitment to ensuring independent brokerage receives recognition as a legitimate distribution system.

Current and past NAILBA member principals may receive nomination, in addition to NAILBA peer group members, leading insurance industry executives, and insurance industry press members. All nominees have superb community service records, in addition to several key career accomplishments. The 2017 Douglas Mooers Award for Excellence is scheduled for presentation at NAILBA 36, the NAILBA’s annual conference, between November 16th and November 18th.

Tuesday, June 6, 2017

Evaluating Retirement Planning Strategies

Serving the needs of wealth and risk professionals, Allegis Wealth Advisors maintains a strong presence in the financial services sphere. Emphasizing a personalized approach to client success, Allegis Wealth Advisors offers a depth of support associated with leading brokerages. 

One aspect of successful retirement planning involves performing an annual checkup that encompasses the full spectrum of social security benefits and other future income sources. The social security end of the spectrum can be easily ascertained through visiting and accessing estimated lifetime distributions.

Just as important is to assess life events such as marriage, divorce, new family members, and property acquisitions and sales. These help define asset size and liquidity, as well as investment timeframe and risk tolerance. Take a close look at the employer-sponsored plan and evaluate the potential for directing funds into new areas such as tax-advantaged Roth accounts. At the same time, consider as well whether contributions can be increased relative to the plan maximum.

To learn more about Allegis Investment Advisors’ full range of solutions, visit

Wednesday, May 24, 2017

Creating a Plan toward Retirement Stability

At the forefront of an expanding industry, Allegis Wealth Advisors provides wealth and risk professionals with resources for providing people with means of building secure financial futures. One aspect of this involves Allegis Wealth Advisors setting in place the financial planning program Wealth Building Cornerstones, which provides an economics-based foundation to efficiently growing long-term assets. 

Saving for early retirement is a key goal of many people who use Allegis Investment Advisors’ approach, and it begins by setting down a formal plan on how to achieve financial security. Writing down goals helps solidify a sense of mission and provides definite direction through life’s ups and downs. 

The plan should encompass cash flow and savings goals and can incorporate elements such as business, paper assets, and real property holdings. The plan also should be formulated to encompass three distinct financial stages, including the career years of aggressive accumulation, semi-retirement years of asset growth, and the “spending down” of such assets during final retirement years. 

The results of this approach are well demonstrated. A Harvard Business School study extending three decades found that the 3 percent of participants with detailed written goals achieved results that exceeded those of the 83 percent with no well-defined goals by a factor of 10.

Thursday, May 11, 2017

Creating New Investment Opportunities with a Rollover IRA

Based in Utah, Allegis Wealth Advisors provides independent investment advisors with a range of tools and financial services to help them achieve their clients' financial goals. The Allegis Wealth Advisors team focuses on supplying professional advice and financial products involving investment management, insurance planning, estate planning, and retirement. One of the retirement investment options the firm focuses on is rollover IRAs.

A rollover IRA is an account funded by the transfer of money from a retirement plan with an former employer. Typically, employees can transfer from a 401(k) with a past employer to a rollover IRA without any tax considerations. Once proceeds from a 401(k) are received, individuals have 60 days to complete the transaction. Money in a rollover IRA is subject to the same restrictions as other IRAs. For example, withdrawals will incur taxation and a penalty. 

This option severs ties with past employers while giving individuals greater say over exactly where their retirement money is invested. A rollover IRA literally opens the door to tens of thousands of investments. The other options for a 401(k) with a previous employer include cashing out, which incurs very large penalties, and moving the money into a new employer’s 401(k) plan, which severely limits the investment options.

Tuesday, April 11, 2017

Operation Whale Watch - A Successful O.U.R. Mission

Based in Utah, Allegis Wealth Advisors works closely with clients to help them achieve financial stability and security and offers tools to financial and investment advisors. Allegis Wealth Advisors gives back to the community through its support of key charitable organizations, such as Operation Underground Railroad (O.U.R.), which seeks to liberate victims of human trafficking and prosecute perpetrators.

One of the organization’s recent successes was Operation Whale Watch in Latin America. This campaign rescued 24 young women, including one minor, and resulted in the arrest of five traffickers. Because of the one minor, these individuals face between 15 and 30 years in prison.

Before the mission was attempted, it was classified as high risk for several reasons. The traffickers involved with the ring were professionals with strong connections to organized crime. Furthermore, the perpetrators were armed, and the local police provided little to no help because they were on the payroll of the crime ring. Before attempting a mission, O.U.R. works with U.S. embassies and the federal government to identify hurdles, such as local police being compromised.

Despite the high-risk nature of the mission, it paid off immensely and put a sizeable dent in Latin American human trafficking.