Westminster Workplace Solutions
Westminster Workplace Solutions is a fiduciary-based service that empowers participants of retirement plans to live their best financial lives by providing
them with personalized guidance and a simple-to-follow, scientific path to financial healing. Westminster developed this program to comply with the newly
enacted “Fiduciary Rule” and in response to clients’ request for independent and unconflicted advice for participants. Mathew Barber, AIF®,
Senior Consultant has been appointed to lead this business unit and promote these fiduciary services.
The solution is designed to improve employees’ financial behavior and outcomes. The Westminster program can be customized to the companies’ and employees’
specific needs. A list of our services that we offer are listed below.
Financial Empowerment Coaching
Our real-person coaching helps people become financially empowered. With our unique Financial Healing model, we treat the root cause of financial stress by
meeting people at their paycheck with personalized guidance.
Group Education Sessions
General information catered specifically to your populations needs.
Topics include but are not limited to: 529 Plans, Retirement reinvention, GenX, Social Security.
Enrollment & Engagement Meetings
Support with enrollment meetings and participant engagement initiatives to help raise awareness of plan benefits and the importance of plan participation.
Wellness Solution that allows Individuals to setup or access their Savings Accounts, Debt Consolidation, Loans, and Insurance without leaving the platform.
Participate in meetings with employees with the goal of educating participants and/ or prospective participants about the benefits available to them within
their retirement plan.
Risk Tolerance Profiling
A personalized assessment of the employees tolerance for risk and volatility based upon the individuals timeframe, investment knowledge and tolerance for
fluctuations in market returns.
Retirement Readiness Assessment and Advice
Employee is advised on where they currently stand based upon a number of variables, where they need to be to reasonably maintain the lifestyle that they
are accustomed to and where they could be if they implement the proper savings and investing disciplines.
Our collaborative approach extends to your data. Explore custom options for delivery and analysis, tailored to fit your business goals.