Retirement investing is not easy. Employees have questions regarding concepts such as risk tolerance, investment horizons, life expectancy, and general investment theories. It can even be overwhelming to those who view themselves as sophisticated investors.
How we deliver.
The Alerus Managed Account Program (MAP) is a personalized retirement strategy. It allows employees to prioritize personal goals around retirement age, replacement income, savings rate, and risk tolerance to help navigate retirement with confidence.
THE POWER OF PERSONALIZATION
The Alerus MAP uses a holistic approach relying on an employee’s specific situation. This flexibility makes the Alerus MAP an account management solution applicable to a broad spectrum of investors. The Alerus MAP will assemble a diversified mix of investments based upon personal needs. In addition, as financial information is added or changed, the Alerus MAP will consider these factors and modify the portfolio selection accordingly.
THE ALERUS MAP ANALYTIC PROCESS
When employees enroll in the Alerus MAP, they provide relevant retirement information through an intuitive digital experience. Using their unique information, the Alerus MAP analyzes various combinations of retirement goals (retirement age and retirement income) and actions (savings rate and investment strategy). For each combination of these four elements, the Alerus MAP determines the statistical likelihood that the strategy will fund an acceptable level of retirement income from the start of retirement through life expectancy. Alerus will monitor the managed account’s performance, periodically rebalance it back to target allocations, and if an employee’s personal or financial circumstances lead to a different suggested strategy, the investment portfolio may be changed to reflect the updated strategy.
INDEPENDENT PORTFOLIO MANAGEMENT
Alerus will act as the employee’s investment manager with full decision-making authority over the investments in their account. The Alerus MAP is backed by our team of professionals who understand and apply sound investment theory. The Alerus MAP does not use proprietary mutual funds to build investment portfolios. Since we are not tied to particular mutual funds, we have enhanced objectivity and the freedom to create the most effective portfolio for each situation.
OUR GOAL: STRIVE FOR SUCCESS IN RETIREMENT
The Alerus MAP provides professional account management using personal circumstances all at a competitive price.
Please contact an Alerus representative for further information.