A Self Directed Brokerage Account or SDBA is a niche option buried deep inside many employer-sponsored plans like 401(K), 403(B) or 457 plans. This option gives the employee the ability to potentially minimize losses and maximize gains by using professional money management. Steve Allbritton is a professional in money management and he shares his expertise on SDBA which sidesteps bad stock market days to secure a comfortable retirement. 

2:06 Steve shares what makes Howard Capital Management different from most other professional money managers.

• A demonstration of Returns Matter, Risk Management Matters.
• A proprietary system, investment model called the HCM - Buyline
• The HCM - Buyline is non-emotional.

3:55 Steve explains the importance of being able to sidestep the worst stock market days and its potential impact on the plan’s participants' retirement future.

• Emphasis on avoiding large losses which can significantly impact growth in a long term portfolio.
• A demonstration of simple math used in market volatility over a 40+ year period.

6:21 The easiest way for employees to find out if their plan has the Self Directed Brokerage Account (SDBA) option.

• A phone call into your human resource or plan administration department.
• Howard Capital Management has access to a national database of every 401(K), 403(B), and 457 plans in the country.

7:12 The SDBA option is an individual decision to enact. 

• A professional advisor comes in to help with guidance on what investment is available and best suits the client.

7:52 How easy of a process is it to activate the SDBA into someone’s plan?

• Plan participants can usually open an SDBA in their 401(K) by simple access to their plan’s website.
• If online access is unavailable, their employers can provide the necessary documents to enable the process.
• The documents are completed with the help of their advisor.

8:58 Is it all over if someone’s plan does not currently have the SDBA option?

• Not necessarily.

9:20 Are there any additional costs involved with the plan?

• The plan participant will not receive any sort of external billing for the benefit of having professional management models in their SDBA.

10:12 How did the Howard Capital Management SDBA perform against the traditional accounts during the market crash in March - April 2020 timeframe? 

• Monthly performance reports made available on the fund’s website at www.howardcmfunds.com.
• Mutual funds positioning helped investors avoid a large part of the pandemic related stock market downturn.
•  

11:20 A recap of the valuable information learned on implementing a professionally managed SDBA.

• There is a clear and distinct advantage of utilizing an SDBA in an attempt to minimize losses and maximize gain inside employer-sponsored plans like 401(K), 403(B) or 457 accounts.
• There is no additional cost involved.
• It requires minimal paperwork.
• Your money never transfers or moves from its current location.
• You have 24/7 access to your plan’s online portal which they already have so that they can check the SDBA.
• By having professionally managed 401(K) you can potentially have more peace of mind and confidence in your retirement dollars. 

Michael’s contact info.

• Tel: 727 243 6467