Broker Check

Corporate Retirement Plans

Client Centered

At GWM we strive to improve retirement outcomes for our plan sponsor clients and their employees through careful retirement plan design assistance, strategic and targeted communication and education, as well as continual monitoring of results. Be Well and Build Wealth are major themes we stress with our retirement plan clients. This holistic approach to participant education is customized to meet the needs of our retirement plan clients. We assist plan sponsors in recognizing if their plans are financial fit. Our assessment determines if participants are retirement ready. We believe plan trustees want to deliver cost efficient and practical retirement plans to drive better results. Financial fitness is linked to your physical fitness. Our team has developed a robust competency dealing with Professional Employee Organizations (PEO’s) and Multiple Employer Plans (MEP’s)

Our Client service Philosophy is engrained in the mandate that all participants have the right to retire with dignity.

There are three basic standards of conduct that must be adhered to while educating retirement plan participants:

  • They must act solely in the interest of the plan participants and beneficiaries with the exclusive purpose of providing benefits to them and paying reasonable plan expenses.
  • They must act with the care, skill, prudence, and diligence of a prudent person who is familiar with retirement plan matters i.e. a prudent expert Paul Goodworth – Goodworth Wealth Management Website Evaluation
  • The investment menu must be diversified We offer clients a wide range of services to assist in the design, implementation, employee education and investment monitoring of all types of retirement plans. This process is led by an Accredited Investment Fiduciary, Paul Goodworth.

The Accredited Investment Fiduciary® (AIF®) designation represents a thorough knowledge of and ability to apply the fiduciary Practices. Through fi360's AIF Training programs, AIF designees learn the Practices and the legal and best practice framework they are built upon. AIF designees have a reputation in the industry for the ability to implement a prudent process into their own investment practices as well as being able to assist others in implementing proper policies and procedures.

Our investment research is headed by Kevin Kehres, CFA. Kevin is an industry veteran with over 30 years of experience. A chartered financial analyst (CFA) is a globally-recognized professional designation given by the CFA Institute, (formerly the AIMR (Association for Investment Management and Research)), that measures and certifies the competence and integrity of financial analysts. Candidates are required to pass three levels of exams covering areas, such as accounting, economics, ethics, money management, and security analysis. Our research department updates and monitors over 10,000 mutual funds.

Goodworth Wealth Management employs a Fiduciary Monitoring system (FIRM), this software program is designed to generate ongoing investment analysis and produce fiduciary monitoring reports designed to meet the requirements set forth from the Department of Labor and adhere to ERISA standards.

Our Fiduciary Monitoring report may include six components:

  1. Capital Markets Commentary.
  2. Executive summary, high level review of the investment portfolio
  3. Portfolio Style, overview of the portfolio allocation
  4. Performance Summary 
  5. Fund Criteria Report
  6. Scorecard, based upon 12 data points to make buy, hold and sell recommendations
Retirement Plan Investment Advisory Services

Retirement Plan Investment Advisory Services

  • Investment fiduciary services under ERISA (to the extent the plan is subject to ERISA)
  • Investment Policy Statement. IAR will assist the Plan in the preparation or review of an investment policy statement (“IPS”) for the Plan based upon consultation with Client
  • Ongoing Investment Monitoring. IAR will perform ongoing monitoring of investments options in relation to the criteria provided by the Client to the IAR.
  • Qualified Default Investment Alternative Assistance. IAR may assist client with selecting investment products or managed accounts offered by third parties in connection with the definition of a “Qualified Default Investment Alternative” (QDIA) under ERISA (for plans subject to ERISA).

Consulting Services

  • Service Provider Liaison. IAR shall assist the Plan by acting as a liaison between the Plan and services providers, product sponsors and/or vendors. In such cases, IAR shall act only in accordance with instructions from the Client on investment or Plan administration matters and shall not exercise judgment or discretion