Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

In this episode short, find out how fees are a crucial consideration when deciding whether to keep your 401(k) or roll it into an IRA.

0:11 “IRA rules are more flexible at your passing than 401(k) rules in regards to stretching out the tax liability”

0:22 “The number one thing to consider is fees and costs, because if you have a smaller plan or a larger plan, you have to take a look at the fees”

0:38 “You want to make sure that you look at the cost, because you could potentially get into that same fund on the retail channel and pay a lot more money for the exact same fund”

0:48 “Fees are a big consideration when you’re looking at keeping it in the plan or moving it out”

0:54 “Certain types of plans, like TSPs for example, tend to be really inexpensive; 403(b)s tend to be much more expensive, so it depends”

1:20 “Then you have to take a look at if you have enough access to create the diversified portfolio that you want”

1:37 “Fees are not the end-all-be-all, because you could have a very low fee investment that is performing very poorly depending on what type of fund that is”

1:48 “You want to make sure that there’s construction of your allocation”