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Wellspring Financial Partners: Committed to Making ERISA Retirement Plans Effective

Top 10 Financial Wellness Consulting/Service Companies - 2020

Financial wellbeing has become more than a ‘buzzword’ now. It is a critical parameter that is directly linked to an employee’s quality of life, opportunities one can pursue, the sense of security, and the society’s overall economic health. Despite its importance, we don’t learn about it in high schools, universities, or even at the workplaces. Today, financial problems have become the top source of stress for both women and men. What is the solution? A well-thought-out financial wellness education program through which employers can help their employees with short-term and long-term financial issues. Also, by implementing financial wellness programs, employers can enjoy the benefit of having happier, healthier, and more productive workforce.

Many organizations already have various financial wellness and employee assistance programs in place. These organizations do provide financial planning solutions that offers a comprehensive view of their employee’s monetary situation. While the intentions behind the financial wellness programs are good, sometimes it tends to overwhelm employees. For employees in stressful situations, complex financial planning can be intimidating. To counter this, organizations are now looking to design holistic programs from an employee’s perspective, which is simple and yet effective in mitigating their financial, mental, and physical health issues.

At this juncture, many financial wellness solutions and services providers are entering the domain with advanced and integrated offerings. To help the financial wellness sector strengthen its operational capabilities and simultaneously enable growth in the sector, HR Tech Outlook has compiled a list of the top 10 financial wellness solutions and service providers. The list comprises prominent organizations in the industry that address issues pertinent to the financial wellness sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CHROs and CXOs.

We present to you HR Tech Outlook’s, “Top 10 Financial Wellness Consulting/Service Companies – 2020.”

Top Financial Wellness Consulting/Service Companies

Financial Fitness for Life (FF4L) is a comprehensive financial wellness solution that couples in-person financial wellness coaching with best-in-class technology. FF4L’s proprietary Productivity Drain Calculator is used by employers to estimate how much financial stress is costing their companies and quantify the potential benefits of addressing it. After understanding that impact, FF4L works with companies to better understand their employees’ specific needs and designs customized education solutions that make sense for their organization

fitrusts.com

Financial Knowledge is on a mission to provide its clients’ employees with the knowledge and skills that will empower them to make informed personal finance decisions. Financial Knowledge offers unique financial planning courses for employees to be in complete control of their money and investments. With a course catalogue covering over 50 different topics in the subject areas of financial management, investing, retirement planning, tax planning, employee benefits and college funding, Financial Knowledge has customized programs to fit any size business. The company updates courses on a regular basis on any changes in government regulatory requirements, tax laws, and newly passed programs, such as CARES Act and The Families First Coronavirus Response Act

www.financialknowledge.com

nBalance Financial develops solutions for workplace retirement plans and financial wellness programs to help individuals and businesses navigate income shocks and life events to avoid financial distress

www.nbalancefinancial.com

Wellspring Financial Partners is a unique investment firm acting as disruptors of the Wall Street status quo to the benefit of its clients. The company’s view is the financial industry has always been good at taking care of itself. At Wellspring Financial Partners, the company’s job is to take care of employers and employees. As an ERISA 3(38) Plan Investment Advisor, Wellspring Financial Partners can reduce its clients’ investment choice liability. By choosing to use an ERISA 3(38) plan investment manager, they transfer most investment choice risk to Wellspring, while simultaneously making employees fiscally sound

wellspringfinancialpartners.com

Certified Financial Services

Certified Financial Services

Certified Financial Services is devoted to helping individuals, families and small business owners achieve their financial goals. While the world is constantly changing, it is comforting to know some things stay the same; that we can rely on each other. We understand that each member of this community has important goals - some financial, others personal - and at the core, our goals begin and end with a focus on the people who matter most in our lives. We start by discussing "what's possible" and take you all the way to "it's happening and I know I'm prepared." Protecting our families, planning for the future and having the confidence to know that no matter what life may have in store, we are prepared

FinancialCop

FinancialCop

Fiduciary financial advisors who help police officers, first responders, and public servants build strong financial futures utilizing department-wide financial wellness training, customized financial planning, and life insurance. Our financial wellness training program is specifically designed for first responders. Taught department-wide, Building Financial Strength for First Responder Families is a 4-hour training class led by retired police officers that focuses on 7 core areas of financial wellness. This training will provide your employees with the critical foundation of financial wellness while additionally helping your agency fulfill fiduciary responsibilities to your employees. During these training sessions FinancialCop will not sell and/or push any products, or services which require contracts to your employees, and is strictly for financial wellness training only

Holberg Advisors

Holberg Advisors

Holberg Financial was founded in 2015 with one purpose in mind: to help people become more financially educated and healthy. Our founder, Joe Holberg, experienced his own financial challenges of affording college tuition while racking up student loans and credit card debt. During his career he continued to meet other Americans who were struggling to understand their financial situation, make decisions, and reach their own financial goals, so he decided to create a solution. He knew that there were millions of people who needed and wanted access to high quality and unbiased financial information and guidance, but didn’t know where to turn

intellicents

intellicents

intellicents was founded by rebranding a 42-year-old company and adopting a business plan to create a national independent financial services firm centered on the employee benefit relationship. Unlike most advisory firms who just want to work with the wealthiest 1% of Americans, intellicents’ passion is to also help the 99% that compose the core of the American workforce. They most likely are your next-door neighbors, the parents of your kid’s friends that you sit next to at high school sporting events, your fishing buddy, members of your church, your golf or bowling partners, and your book club

Shepherd Financial

Shepherd Financial

Shepherd Financial believes in making a difference in employees'​ lives by helping them on a path for a successful retirement. Through our advisors, we educate and motivate 401(k) participants with informative and personalized tools that will help them improve their financial behavior while giving them access to quality investments. We value keeping total plan costs as reasonable as possible without sacrificing service

SmartPath

SmartPath

SmartPath is a financial coaching company based in Atlanta, GA. We match Main Street families with certified, unbiased financial coaches for ongoing guidance, a second opinion, a roadmap and an accountability partner. SmartPath clients come from multiple channels including employers, affiliates and partners. Our corporate wellness programs are designed to increase the bottom line for both employers and employees