Why MCA?
The MCA Difference
Many prospective participants have asked how the MRIC "Single Source" provider is different than the 5 other providers that were selected to offer investments for your 403(b) plan. Here are 10 points that will help answer that question for you:
1. "SINGLE SOURCE" PROVIDER: Michigan-based Midwest Capital Advisors, LLC (MCA) was selected after an extensive review process from a large number of financial services companies as the only “Single Source” provider of 403(b) plan investment solutions.
2. MULTIPLE OPTIONS: Participants can select from 6 model allocations, from a list of screened, evaluated mutual funds, or from over 25,000 mutual funds of their choosing.
3. ONE-STOP SHOPPING: All of your investment needs can be met in one place.
4. NO “ORPHAN FUNDS“: MCA can accommodate mutual funds from nearly any fund platform and facilitate easy transfer of your current investments to your MCA account.
5. FEE TRANSPARENCY: There are no added account fees, commissions, sales charges or similar fees with your single source provider.
6. PROFESSIONAL MANAGEMENT: Participants get the benefit of an independent, federally registered investment advisor that can help keep your plan on track even in the most challenging of times.
7. LOW FEES: Because we are providing you with investment solutions, not selling you an investment product, we keep your expenses and fees to a minimum.
8. BUYING POWER: Because of the volume of business we do, you enjoy the advantage of many more options at a much lower cost.
9. FIDUCIARY: Unlike many financial services firms, MCA is an investment fiduciary, which means we put your interests ahead of our own.
10. FINANCIAL MANAGEMENT: MCA has the expertise to offer you personalized advice on a wide range of financial and investment issues, giving you the added confidence that you will achieve your investment goals. We take the mystery out of the investment process and help keep you on track, further increasing the likelihood that you will have a positive investment experience.
