Focusing on IRA

December 29, 2016 Oak Ridge Investments

Retirement is one of the top 3 financial goals clients have on their minds.1

76.4 million baby boomers (born 1946-1964) have begun to retire2 and job changer frequency continues to increase.

IRAs are "sticky" and attract other household assets.3

Existing clients represent a majority of new rollover business to Advisors.4

71% of retirement plan balances greater than $100,000 that rolled into an IRA utilized a face-to-face meeting with a Financial Advisor to process the rollover. 5

 

1 Research from UBS Client Experience Survey and Client Loyalty report.

2 The Baby Boom Cohort in the United States: 2012 to 2060, U.S. Census Bureau, Issued May 2014

3 Cerulli Associates, The Rollover IRA Market, Retirement Markets in Transition (p. 61), 2000

4 Cerulli Report, 2004

5 Cerulli Report – The IRA Rollover Market, 2007

Previous Article
Focus on Emerging Blue Chips
Focus on Emerging Blue Chips

Learn about this major benefit to an All Cap allocation.

Next Article
State of the Consumer
State of the Consumer

Analyst Walter Stackow discusses the current state of the consumer, forward-looking trends and a few surpri...