Mesirow Financial Investment Management (MFIM) and Mid Atlantic Trust Company (MATC) are partnering together to make available MFIM’s 3(21) and 3(38) Fiduciary Partnership services through MATC’s FiduciaryXChange level-compensation platform. Recordkeepers and broker-dealers seeking level compensation solutions for retirement plans will be able to utilize MFIM’s outsourced, integrated fiduciary services.
Client plans, advisors, and broker-dealers will receive fiduciary protection and direct, ongoing communications from MFIM for 3(21) and 3(38) services through this arrangement. Meanwhile, broker-dealers and advisors will receive extensive compliance and reporting deliverables, including the status of fiduciary coverage for all plans within a retirement book of business, in addition to actions being taken to remedy client plans in jeopardy of losing fiduciary coverage.
We are pleased to welcome the Smith Financial Group to the Mid Atlantic family. Located in Dallas, Texas, Smith Financial is a father/son practice consisting of Richard and Chris Smith, along with assistant Mary Ellen Smith. Richard has been in the industry for 36 years, while Chris has been in for 24 years. Smith Financial has built its business providing clients with corporate and municipal bonds.
Mid Atlantic is happy to bring on board its newest business partners:
BlueStar Retirement Services has a singular focus of making retirement plans simple and effective for employers and advisers. The company services a variety of retirement plan types and is a national specialist in Multiple Employer Plans. By utilizing an open architecture platform, BlueStar provides plan access to a nearly limitless menu of investment options. And as an integrated recordkeeper and Third Party Administrator (TPA), BlueStar delivers the most efficient and effective model for servicing them. BlueStar was founded in 1997 and is based in Ponte Vedra Beach, Florida.
Vantage Benefits Administrators is a full-service employee benefits consultant, TPA, and professional fiduciary based in Dallas, Texas. The firm specializes in comprehensive, cutting-edge corporate benefit program administration, offering fiduciary services as needed. Independent of all carriers and investment product providers, Vantage is unbiased in its pursuit of its clients’ best interests. The company emphasizes transparency, integrity, responsiveness, and cost efficiency.
Mid Atlantic is pleased to welcome the following ModelxChange™ managers to its 401(k) ModelxChange™ platform:
Glovista Investments is an advisory firm formed by seasoned finance professionals with decades of market experience spanning many geographic regions and products. The firm seeks to provide investment management services to both institutional and high net worth clients, including state and municipal pension funds, endowments, RIAs, family offices, and high net worth individuals. Glovista’s core values are integrity, independence, innovation, and intellectual commitment and is committed to creating value for its customers, employees, and shareholders.
GeaSphere Advisors in Cranston and Warwick, Rhode Island, is an independent advisory firm that recognizes the importance of its fiduciary responsibility to provide clients with prudent investment management and unbiased advice. The GeaSphere proprietary research study and technical methodology is the first step to its portfolio construction and management of its model portfolios. The firm’s portfolio construction begins with its 60 year empirical research study and investing philosophy rooted in the relationship of free cash flow to the stock price. GeaSphere’s rules-based diversification method alongside the proprietary stock valuation philosophy gives its investors uncompromising value for true piece of mind investing.
Epic Trust Advisors is an independent financial services firm serving clients throughout Washington state. It primarily helps individuals create retirement strategies using a variety of investment and insurance products customized to their personal needs and objectives. The firm has developed its business by reaching out, nurturing, and maintaining close, trusting relationships with each client. Epic’s mission is to simplify the finances of its clients and help them to enjoy the people and causes in their lives that matter more to them than their money.
We are pleased to welcome Gebhardt Financial Group to the Mid Atlantic family. Gebhardt is a wealth management firm based out of Sugarcreek, Ohio. The rep group consists of Phil Gebhardt and junior advisor Brooks Numbers, both of whom are affiliated with Mid Atlantic Capital Corporation and Mid Atlantic Financial Management. Phil was formerly with LPL for 15 years as a financial advisor and an OSJ Branch Manager/Registered Principal.
Gebhardt will be managing its assets through Mid Atlantic via direct business, brokerage, and fee-based accounts. The firm will also be creating models through ModelxChange for its accounts, in addition to conducting general wealth management for individuals and overseeing qualified plans.
Mid Atlantic would like to welcome Kerns Capital Management to our family.
Kerns Capital Management is headquartered in Houston, Texas and was founded in 1996 to provide fiduciary investment services to 401(k) retirement plan sponsors, including oversight, and investment management. The firm’s attention to prudence and its appreciation for the wealth devastation of bear markets has guided its evolution in the development of product designed to help investors grow and protect wealth. Today, KCM provides investment management and advisory services to mutual funds, hedge funds, high-net worth individuals and corporate retirement plans. KCM utilizes “intelligent” Smart Glide retirement target date strategies that are adjusted periodically and managed “To Retirement,” which is a glide path targeting the retirement date as the point where the portfolio risk is at its lowest at the end of a plan participant’s Wealth Accumulation Stage where participants are entering the Distribution Stage.
We are happy to welcome GeaSphere Advisors to the Mid Atlantic family.
Based in Cranston, Rhode Island, GeaSphere Advisors is an independent and privately owned registered investment advisory firm providing comprehensive investment research and analysis, professional money management for financial advisors and individuals, and long term financial and income planning to individuals and corporations. GeaSphere builds investment portfolios using its proprietary research philosophy called the GeaSphere Analysis System. This is a three-part system in which the first two parts are based in the research of a company’s free cash flow (current and historical) and the third part is based on a company’s price action as a gauge of investor sentiment. The GeaSphere system’s main goal is to buy securities priced at a discount to the historical relationship of the company’s Price to Free Cash Flow, which allows for determining the current buy price and future sell price based on the same relationship. All of the firm’s model portfolios use its own exclusive methods and historical data base as the basis for portfolio construction and management.
Vertical Management Systems, Inc. (VMS) announced today that Mid Atlantic Trust Company (MATC) will be added to its list of advisors and third party administrators as a trading destination and custody provider.
This access to MATC’s wide array of funds, ETFs, and advanced tools such as ModelxChange™ offers plan sponsors, advisors, and TPAs who utilize Retirement Revolution a variety of investment options to best service their plans.
Please click here to see the official press release for more information.
MetLife announced today the new addition of Wilmington Trust’s MetLife Stable Value Solutions Fund to Mid Atlantic Trust Company’s ModelxChange® platform. MetLife Stable Value Solutions Fund will be the first stable value option available for ModelxChange®, one of the original platforms of its kind that enables 401(k) professionals to incorporate investment models into a retirement plan through a single interface.
Please click here to read the official press release for additional information.
We are pleased to welcome Gaudreau Wealth New England to the Mid Atlantic family. The firm is a multi-line insurance and financial services agency established in 1921 and based out of Wilbraham, MA. It is now structured as a result of a merger between the Gaudreau Group’s financial division and Wealth New England Insurance & Financial Planning Group.
Gaudreau Wealth New England is currently one of the largest independent insurance offices in the New England region and headed by Jules Gaudreau, President of the National Association of Insurance and Financial Advisors (NAIFA). Jules also acts as a Director for the wealth management firm. Meanwhile, Danny Kates (MACC/MAFM) heads the registered investment advisor team and is joined by colleagues Mark Zacek (MACC) and Alan Stearley (MACC).
Geaudreau Wealth New England primarily focuses on qualified plans and high net worth clients. The firm is looking to increase its wealth management customers through Mid Atlantic Trust Company’s platform in addition to its own customized programs designed to grow, protect, and conserve client wealth.