Until now, employers have taken a narrow view of finances, focusing primarily on retirement. That may be why many employers are not sure about what financial wellness is. In this paper, we look at the advantages of financial wellness programs for both advisors and employers and look at how the two groups are currently working together to implement this benefit. We provide insights to contemplate what may provide a positive impact on a financial wellness program for clients.
This whitepaper has been prepared by SourceMedia Research on behalf of ADP Retirement Services and the surveys, studies and other resource materials cited herein have been prepared by and are the property of the third parties named herein and are accurate as of October 2015. The views expressed in this publication are those of the author, are intended for general information only and are not intended to provide investment, financial, tax or legal advice or a recommendation for any particular situation or plan, nor is this publication the sole authority on any regulation, law or ruling. ADP, LLC and its affiliates (ADP) do not endorse or recommend specific investment companies or products, financial advisors or service providers; engage or compensate any financial advisor or firm for the provision of advice; offer financial, investment, tax or legal advice or management services; or serve in a fiduciary capacity with respect to retirement plans. ADP is not responsible for the content of, nor has it verified the accuracy of, any information obtained or the methodology used by such third parties or published in this whitepaper. Please consult with your own investment, financial, tax and legal advisors to the extent you deem appropriate in light of your own circumstances.