Our Services
We are a firm that specializes in consulting services, fee-based comprehensive Wealth Management solutions and retirement plan management.
Our consulting services consist of areas of expertise designed to assist business owners, key-employee management, and businesses obtain greater value from their existing relationship, operation, benefits, and years of service.
These include Executive Wealth Management Reviews, Business Financial Insights Advisory Services, Shareholder-Employee Compensation Advisory Services, Retirement Plan Review Advisory Services, and Informal Business Valuation Advisory Services.
Areas of specific interest to our shareholder-employee clients include shareholder-employee compensation advisory services and our informal business valuation advisory services. Both are interrelated due to their use in normalizing shareholder-employee compensation in business valautions and tax compliance.
Our focus is to work with business owners who own businesses with sales revenue up to $100 million & retirement plans with assets up to $50 million and up to 500 employees.
Through key business relationships our services are scalable for those companies that operate in multiple locations across the USA. Our work incorporates services from national recordkeepers, third party administrators, pension specialists and executive benefits providers.
Retirement Plan Services:
At Rasmussen Capital Management Inc., our retirement plan services are designed to align with your goals, needs and vision for your plan. Our service offering includes:
- Employer Services - Service model that champions both personal attention and in-depth knowledge.
- Employee Experience - Designed to educate employees to save more and take advantage of plan features.
- Account Features & Investment Options - Over 13,000 funds from top fund families; allows for investment replication if needed. Plan options can include Self-directed brokerage account, Company stock, QDIA, and Auto enrollment.
- Administrative Work - Automated day-to-day 401(k) administration.
- Compliance Support - Fiduciary training & education to help your plan meet DOL and IRS requirements
- Fiduciary Services Support – Deciding if 3(21) or 3(38) fiduciary services is right for you.
- Competitive Fees – Benchmarking keeps administrative & individual investment costs in check.
- Annual Plan fee analysis – Free benchmarking reports.
- Plan design - Setting up the right 401(k) plan design for your entity & participant base.
- Performance Analysis – Portfolio Comparison Analysis. Review Investment Policy Statement
- Participant Education - Use of modern digital and online communication increases participation and optimizes participant communication to drive employee engagement and retirement success.
- Employee Success Tools - Auto enrollment, Auto deferral increases, and Default investment account.
- Employer Success Tools - Enrollment support, Multilingual services and Personalized communications.
- ERISA Review – Designed to assist employer stay on top of fiduciary requirements.
Investment and Wealth Management:
As a fiduciary for private foundations our goal is to provide your organization with the service and peace of mind that comes from knowing your investment strategy aligns with your organization's mission of granting money to charitable causes.
Our focus on investment management utilizes an integrated approach to gather information and encompass current economic & market conditions, portfolio income generation, modern portfolio statistics, volatility measures, portfolio performance analysis, portfolio risk management and fees & expenses.
Our client's assets are custodied either with Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation or TD Ameritrade Institutional, a division of TD Ameritrade Inc.
With roots as a CPA, Carlos Rasmussen understands that private foundations have different constraints and needs than private operating foundations, public foundations, and endowments. Since 1969, private foundations have been subject to stricter and more extensive federal rules than public charities, including strict prohibitions on self-dealing, and limits on the amount of stock they can hold in any one company. Examples of the various regulated activities include:
- financial transactions between the foundation and its largest contributors, officers, and other insiders
- amounts paid out toward operating costs, grants, and charitable programs
- reasonableness of the types and amounts of expenses incurred to operate the foundation
- compensation of foundation staff and board members
- business holdings of the foundation
- engaging in overly risky investments with charitable assets
- grants or other payments to individuals, other private foundations, certain kinds of charities, and organizations that are not charities
