Institutional consulting

Calao Wealth Management Group Joseph B. Calao, Shelly Denise Hall, Samuel James Hodges

Calao Wealth Management Group


phone

254-751-5050
844-296-8405



phone

855-592-4875





address

200 W Highway 6
Suite 400
Waco, TX 76712



We design, implement and monitor the investment programs of public and private companies’ 401(k) and defined benefit plans. Working with our team offers all of the personal attention to detail of an intimate practice without having to give up the strength, security and resources of one of the world’s largest financial services companies.

“ With the global resources and stability of UBS and the hands-on service of our dedicated team, we deliver the responsiveness and customized solutions retirement plan sponsors require.”

— Joe Calao

Our office locations

Waco
200 W Highway 6
Suite 400
Waco, TX 76712

Austin
98 San Jacinto Boulevard
Suite 600
Austin, TX 78701


Fiduciary governance

One team for your fiduciary oversight

Fiduciary liability is a primary concern for many institutional clients. We provide ongoing support for reviewing and evaluating plan expenses and fees as well as helping you manage fiduciary documentation. We acknowledge our responsibility in writing as defined in Section 3(21) of ERISA and will help you develop an investment process to address fiduciary obligations.

Joe Calao has extensive training in applying fiduciary practices and tools to help ensure he is consistently serving his clients’ best interests.

Development/review of Investment Policy Statement. Our team can work closely with you to help you develop a formal policy that reflects your objectives and risk requirements, while setting parameters for investment selection and evaluation.

Independent investment reviews. Our investment review process helps ensure no investments have fallen outside the parameters of the Investment Policy Statement.

Objective investment advice. Our compensation structure is not determined by the investments you select and we are platform-independent.

Manager search and selection. Three critical elements of a successful investment manager search: a disciplined selection process, consistency in applying that process and skilled search professionals to implement the process.

Investment solutions

Tailored strategies for your participants

By accessing the intellectual capital of UBS, as well as its in-depth manager research capabilities, we combine global insights and analyses with an open architecture mix of managers and funds. This allows us to develop investment programs uniquely tailored to the specific goals and objectives of each client.

Asset allocation modeling

  • Asset allocation studies
  • Asset and liability analysis
  • Spending policy evaluation and formulation
  • Strategic rebalancing and tactical positioning

Investment manager and fund searches

  • Due diligence collaboration with UBS Investment Manager Research
  • Identification of appropriate and complementary investment managers and funds
  • Cost analyses

Ongoing consulting and performance measurement

  • Customized reports based on client format preferences
  • Trustee and fiduciary education
  • Philanthropic services
  • Custody and trust services

Plan health

Managing and optimizing your retirement plan

We help you evaluate indicators of plan health, recommend key tactics to optimize your plan and assess the progress of your plan enhancements. In this way, we can help maximize your plan’s effectiveness and model how plan feature changes can impact participants’ retirement income.

Plan benchmarking review. Plan sponsors need to have a clear understanding of what participants are paying, and what they are receiving for those fees.

Model plan feature enhancements. Illustrate the impact of plan enhancements, including automatic enrollment, automatic deferral increase, employer match program, minimum deferral rates, loans and hardships, and others.

Recordkeeper search and selection. If a change to the recordkeeper is required, our team has extensive experi-ence in implementing 401(k) platform transitions.

ERISA 404(c) compliance checklist assistance. Complying with ERISA Section 404(c) may shield sponsors of retirement plans with participant-directed investments from liability for poor investment decisions made by plan participants.

Retirement readiness

Customized plan participant education

We will develop educational programs that are highly personalized and specific to your employees’ concerns and questions. As your employees approach retirement, we understand they have very specific needs and concerns and we’ll help keep them informed about useful trends we are seeing in the industry.

Our comprehensive process is tailored to address all of your employees’ retirement plan consulting needs, including plan transitions:

Assessing the state of plan education:

  • Current participant education strategy
  • Provider education services
  • Plan demographics and participant educational needs

Deliver what participants need most:

  • Customized participant education strategy
  • Education through workplace seminars
  • Ongoing financial education

Providing important resources:

  • Newsletters
  • Brochures and worksheets
  • Educational seminars



Insights

UBS Financial Wellness Center

UBS Financial Wellness Center

UBS Retirement Plan Consulting Services

UBS Retirement Plan Consulting Services