Business Services

Improving Health & Wealth

Managing employee benefits and retirement plans — for real impact on your culture, your budget, and the people who rely on you.

Employee Benefits

Better guidance. Healthier outcomes. Smarter spending.
Traditional brokering alone doesn’t lower costs or build a stronger workforce.

We go beyond the status quo with a proactive, analytics-driven strategy — one that supports employee wellbeing while helping you manage expenses responsibly.

What you can expect:

  • Transparent, easy-to-understand plan cost reporting
  • Data-backed recommendations that drive long-term sustainability
  • Benefits communication made simple for your employees
  • Strategies built to attract, engage, and retain top talent
     

The Power of Partnership

We proudly partner with True Network Advisors, a nationally credentialed network of leading independent benefit firms. This collaboration expands our access to benchmarking insights, vendor options, and specialized expertise — delivering world-class support while keeping overhead low and value high.

Our Benefits Strategy

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Retirement Plans

Strategic guidance that strengthens your plan today and supports long-term success.

At Phillips Financial, we build model portfolios that support long-term outcomes while remaining cost-conscious and firmly rooted in fiduciary best practices. Our investment approach intentionally blends index and factor-based funds capturing overall market returns efficiently and transparently. Together, they create diversified, cost-efficient portfolios grounded in decades of academic research and real-world evidence. We believe intentional investment design brings clarity, discipline, and confidence.
As your retirement plan Fiduciary, we provide:
  • Fiduciary investment services as either a 3(21) or 3(38) investment advisor 
  • High-touch service with thoughtful plan design, transparent fees, and seamless coordination among plan service providers
  • Participant education that builds financial confidence 
  • Routine governance and plan health reviews to mitigate fiduciary risk

A strong retirement program helps employees feel secure — and boosts retention by showing your commitment to their future.

Retirement Plan Details

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Careful Conversations

Where thoughtful insight meets strategic action.
Your business is always evolving — your benefits should too. We take a collaborative, holistic approach, helping you evaluate every component in the context of your broader financial strategy.

Through careful conversations, we help you:

  • Align benefits with your culture and long-term goals
  • Eliminate guesswork with clear guidance and transparency
  • Make confident decisions rooted in both data and humanity

Our role isn’t only to advise — it’s to understand.

What We Do

Three pillars of a thriving workforce

Group Health Insurance

We shop the market on your behalf — negotiating coverage that balances robust protection with responsible cost management, for companies of every size. You make the call. We bring the clarity.

  • Medical, dental & vision plan design
  • Carrier comparison & rate negotiation
  • Employee enrollment support
  • Annual plan review & renewal strategy
  • ACA compliance guidance
401 (k) & Retirement Plans

A well-designed retirement plan rewards loyal employees and gives your business a powerful recruiting tool. We reduce your fiduciary risk with transparent, compliant strategies backed by 75 years of expertise.

  • Plan design & investment selection
  • Fiduciary oversight & co-fiduciary services
  • Employee education & enrollment meetings
  • Fee benchmarking & fund analysis
  • IRS & DOL compliance monitoring
Employee Financial Wellness

Financial stress is one of the top drivers of reduced productivity. Our wellness programs give your employees the tools to become confident, informed decision-makers — at every stage of life.

  • 1:1 financial planning sessions for staff
  • Group workshops & lunch-and-learns
  • Debt management & savings guidance
  • Pre-retirement planning support
  • Plain-language resource materials