$300MM AUM | $2.5MM Rev in
NestEggs is a fully bundled fee-only RIA, open-architecture Record Keeper, & Third Party Administrator serving as 3(16) Administrative Fiduciary and 3(38) Investment Manager Fiduciary for DC/DB plans. We do NOT manage private wealth, only qualified plan assets so we do NOT compete with RIA’s that manage private wealth. Our founder authored a textbook on tax-efficient plan design for entrepreneurs used in the CFP curriculum at the American College. We are experts at tax efficient plan design that drive large deferral opportunities for business owners and often utilize cash balance plans to accomplish those goals. We have numerous technology solutions and a business model intentionally designed for large 401k/pension while offering exceptional customer service uncommon in our space.
We offer that entire ecosystem as a white-label offering to RIA’s who want to intentionally prospect and grow their DC/DB AUM but lack the necessary tools and people to manage the complexities of growth inside of that segment. Partnering RIAs grow a new vertical in their business and create a farming system for future personal wealth prospects with minimal effort.
In that arrangement, you serve as 3(38) Fiduciary and manage the relationships with the business owners and highly compensated individuals of the firm while we serve as RK, TPA, and 3(21) Fiduciary and handle every other aspect including enrollments and support and education to the rank and file. We successfully operate this combined model with numerous RIA’s and the combined fees to the plan participants are ALWAYS less than the commodity plans that permeate the industry.