Description: The video features an interview with Jamie Linkowski of Prime Solutions Advisors, conducted by John Sullivan from 401k Specialist. They discuss the concept of financial scarcity and its impact on employees.
Key Points:
- Financial Scarcity Quantification:
- Jamie Linkowski explains the process of quantifying the cost associated with financially strapped employees.
- This includes understanding the dollar consequences of employees who are unable to pay their bills, are worried about debt, and concerned about retirement rates.
- Financial Wellness Campaigns:
- They have developed a heatmap or scattergram to identify areas where resources should be focused.
- This targeted approach has resulted in quicker results and more effective financial wellness strategies.
- Team Effort:
- Jamie mentions his associate, Keith Warmbine, who is actively involved in the campaign, conducting sessions across multiple states and locations.
- Additional Information:
- The interview wraps up with a light-hearted question about Jamie being a Steelers fan.
Transcript Highlights:
- “We’ve actually been able to quantify not only the correlation but the actual dollar consequences of a financially strapped employee.”
- “We’ve created what I call a heatmap or scattergram in this regard, which is the basis of our financial wellness campaigns.”
- “We are in 21 states, 28 locations, conducting sessions from now through Thanksgiving.”
This concise summary encapsulates the essence of the discussion, focusing on the quantification of financial scarcity impacts and the targeted financial wellness campaigns led by Jamie Linkowski and his team.
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.
