Empower Your Employees to Reach Their Goals and Feel Better About Their Finances All for One, Easily Affordable Fee
Traditional benefits do not adequately address the financial challenges that your employees face. With the challenges presented in the economy, financial wellness is a more valued benefit than ever.
Progress Wealth Management’s Financial Wellness Offering provides:
- A personalized financial plan for each employee
- A simple, clean Financial Wellness platform
- 401k management
- Custom Monthly Webinars based on the needs of your employees
Financial wellness is a win-win for your business.
Through our employer program, you and your employees will realize the following key benefits:
Enhance benefit adoption
Progress Wealth Management incorporates your other benefits so your employees can take full advantage of all that you have to offer.
The average employee misses 3-4 more work days per year when they are financially stressed.
Decrease financial stress
More than 80% of people report feeling better about their finances after just one year of financial planning and coaching.
Traditionally, accounts such as 401(k)s, 403(b)s and 529s weren’t able to be managed by your financial advisor, making your goals harder to accomplish and mistakes more likely. Advisors couldn’t provide the ongoing management and oversight that’s expected and required as a fiduciary due to limitations in technology. Through Progress Wealth Management, your employees can enjoy the benefits of professional management and a personal relationship with a non-commissioned, fiduciary financial planner that their employer has thoroughly vetted on their behalf.
Advisors at Progress Wealth Management are able to view, manage and trade any employer sponsored investment accounts. As a result, they’re able to provide you with the benefits of comprehensive portfolio management through their close partner, Pontera. This allows your advisor to do the job you hired them to do — full, holistic account management and wealth planning — and helps you to rest easy that all of your investable assets are being professionally managed.
Comprehensive Account Management
Consolidate all of your accounts with one trusted advisor.
Have all of your accounts professionally managed.
Asset Location Strategies
Optimize allocation and potentially reduce tax burdens.
A Modern Financial Wellness Benefit.
Progress Wealth Management works with employers to provide a financial wellness benefit that actually makes a difference in their employees’ lives.
With Progress Wealth Management, employees and employers get access to the following:
Holistic financial plan and report card
Provide employees with a personal financial plan and report card that gives insight and direction into their financial future.
Live financial coaches
Received individualized support through live chat or personalized coaching through 1-on-1 calls with our in-house financial coaches.
Literacy courses and tools
Help employees improve their financial literacy and reach their financial goals through our engaging lessons and other effective tools like quizzes and calculators.
Aggregate employee metrics
You will get access to aggregate data and reporting to help you optimize benefits, target your efforts, track progress, and much more.
Pricing – Corporate Financial Wellness
Learn More About How Our Program Can Help Support Your Corporate Initiatives for the year by Clicking Below And Scheduling a Demo.
Let’s chat about financial wellness!
Still have questions? Click here to submit any questions you might have.
If you are interested in learning more about how we can help your employees improve their financial wellness, fill out the form here and someone from our team will be in touch to set up a demo.
Frequently Asked Questions
Financial wellness refers to an individual’s overall financial health, which for us, means managing financial-related stress and having control over financial situations in the short—and long—term. Financial wellness as a benefit refers to an employer providing programs and resources to employees to help improve their overall financial security.
Progress Wealth Management’s Financial Wellness Program is for employers looking to make a positive impact on their employees’ financial lives and are actively seeking to try and decrease their employees financial stress. The reality is that financial-related stress can affect every aspect of our lives, but can be especially harmful to work satisfaction and performance. These negative impacts can lead to employees getting 2nd or even 3rd jobs, not working as hard throughout the day and generally be more likely to try and find new employment that they’d be no happier with but might make an extra few thousand dollars.
Progress Wealth Management’s tailored solution helps reduce employee financial stress and improve overall productivity through a combination of expert financial advice, a one on one relationship with a financial coach, a leading tech platform and employer sponsored investment management.
How is Progress Wealth Management’s Wellness Offering different from other financial wellness offerings?
Progress Wealth Management focuses on holistic financial planning for financial wellness; not just literacy or investment management. We combine financial literacy, actionable recommendations, 401k Management, access to a CFP, monthly webinars and ongoing professional support in a manner that’s accessible and personalized to each employee. In just minutes, employees get a financial plan, holistic report card, personalized action items, financial planning modules, and much more.
Lastly, most financial wellness program include little to no advice and mostly are focused on financial education. The difference can actually be astounding because financial education ends with giving your employees options but not helping them make the right decision for them. Financial advice is clear, specific and simple to follow and as a result, your employees are less likely to choose the suboptimal option.
The easiest way to think about the difference is going on Web MD and putting your symptoms vs. going to a doctor to get advice on what you should do next.
Most employers are able to provide their employees with our customized financial wellness platform in two weeks or less. Our onboarding process requires very little upfront effort. You simply provide basic company and employee data, and then work with our success team to determine a game plan for rollout and communications, and we’ll handle the rest of the setup.
We currently offer three different service tiers to accommodate to each employer’s needs, budgets, and employee financial situations. Our plans give you the flexibility to select the feature set and level of additional support that best fits those needs. Click here if you’d like to view our different options so you can find the one that works best for you.