The “Dunham Retirement Income Program” was launched today as a comprehensive solution designed to assist financial advisors in guiding clients toward achieving their retirement planning objectives by San Diego-based wealth and trust management firm Dunham & Associates Investment Counsel Inc.
Dunham believes the Dunham Retirement Income Program (DRIP) is a pivotal program for financial advisors, integrating back-office support and comprehensive planning tools to create a holistic retirement approach. In a press release, the company said what makes this program special is Dunham’s unique investment strategy: DunhamDC. The Dunham Retirement Income Plan offers advisors and their clients a seamless approach to retirement planning.
One of the advantages of the Dunham Retirement Income Program is that it does not conform to only one retirement strategy. Advisors can tailor the program to the individual retirement needs of each client so that all of the company’s planning tools, investments, and trust services can be customized to each client’s income needs and retirement goals.
“Most importantly, we do not charge a fee for the Dunham Retirement Income Program or the DunhamDC investment overlay,” said Ryan Dykmans, CFA, Chief Investment Officer at Dunham. “This is a natural extension of our commitment to help the financial advisors we serve and the clients they have who are in or near retirement.”
The DunhamDC overlay offers an algorithmic, unemotional approach that is inspired by Warren Buffett, who famously advised investors “to be fearful when others are greedy and to be greedy when others are fearful.” This contrarian strategy adjusts equity exposure based on market sentiment—reducing it when markets are trading high and increasing it when markets are trading down—potentially reducing sequence risk and accelerating recovery times.
“As a financial advisor, helping clients plan for retirement can sometimes feel like trying to solve a complex puzzle,”said Salvatore M. Capizzi, Executive Vice President of Dunham. “We created the Dunham Retirement Income Program to simplify this task for advisors and their clients alike, giving them a comprehensive set of tools for the financial advisor to provide their clients clear, straightforward guidance throughout the retirement planning journey.”
“We created the Dunham Retirement Income Program to give advisors the toolset to manage their clients’ resources—plus the flexibility to support their retirement needs”
Dunham’s Czarina Frias
The program offers a range of portfolios tailored to specific needs. The Distribution portfolio strives to secure 12 months of income in a cash account with up to $50 million of FDIC insurance. The Feeder portfolio includes the DunhamDC investment overlay as an option, with additional portfolio options for emergencies, healthcare, and legacy planning.
It also seamlessly integrates with existing insurance and income products, such as annuities and long-term care plans. This allows advisors to optimize all client financial resources within a single, comprehensive retirement income plan.
“The Dunham Retirement Income Program empowers financial advisors with the analytical tools to make well-informed, insightful, and holistic retirement planning decisions—along with the back-office systems and services to give them more time to focus on their relationships with retired clients,” said Czarina Frias, Marketing and Business Development Manager of Dunham. “We understand that one-size-fits-all does not apply to retirement planning. This is why we created the Dunham Retirement Income Program to give advisors the toolset to manage their clients’ resources—plus the flexibility to support their retirement needs—regardless of evolving market conditions and client situations.”
To learn more visit dunham.com/FA/Pages/DunhamInsights.
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