ROANOKE, Virginia-March 15, 2018-Beacon Wealth Consultants today introduced the LightPoint Kingdom(k) Retirement Plan, an innovative new 401(k) solution that provides outsourced plan administration, fiduciary protection from liability, custom plan design, and actively managed Biblically Responsible Investment (BRI) portfolio options.
“We are thrilled to be able to offer wealth advisors a turn-key solution for their Christian business owner clients and their employees,” says Cassandra Laymon, President of Beacon Wealth Consultants. “A solution like this is a great opportunity for advisors to add value and gain assets. Nearly 80% of Christian investors have expressed interest in investing in faith-based funds, but until now there have been essentially no options for advisors to be able to offer BRI within 401(k) plans.”
The Kingdom(k) comes at a time when the number of business owner searching for new advisors to service their 401(k) plans are at a record high. According to a 2017 study from Fidelity, nearly 40% of plan sponsors are actively looking to make a change to their company retirement plan (up from just 9% in 2013).
To read the entire announcement, please visit the Beacon Wealth website HERE