Modern law firms differentiate themselves by how they recruit, reward, retain, and prepare for thoughtful leadership succession.

What’s your strategy for the future?

Customization, Sophistication, Personalization.

This is our value proposition for law firms: a financial independence platform of partners, products, and services built specifically for the unique needs of the legal profession. Designed by influential expert Jeff Acheson, the Law Firm Benefits & Planning Platform is the culmination of extensive experience and industry expertise backed by a team of professionals who understand law firms’ and lawyers’ financial independence planning priorities.

To help guide our path, we rely on our advisory council of legal industry experts to provide input and insights on our offerings. In addition, our stable of mission-aligned industry partners are committed to helping us execute our strategy of a customization continuum for select law firm profiles.

Our Law Firm Benefits & Planning Platform

Law firms are complex organizations with intense workplace environments. We understand the need for a robust financial services platform, and that is why the Law Firm Benefits & Planning Platform was developed. Our proprietary, ecosystem-driven platform was designed specifically for law firms, and its eight synergistic components each offer compounding value to your team.

The Law Firm Benefits & Planning Platform was strategically developed for a specific client profile. Use the ASG Discovery Questions to uncover which priorities or pain points are most relevant to your firm and warrant a deeper conversation with our team.

The ASG Open(k) Plan Designsm

Lawyers often have a strained work/life balance, leading to a poverty of time. This insight was the catalyst for creating the ASG Open(K) Plan Designsm – the completely customized 401(k)/Cash Balance Plan that anchors our Law Firm Benefits & Planning Platform.

Instead of settling for an off-the-shelf 401(k) plan that is marketed to every industry, we invested in a customized offering specifically for law firms. After consulting with leading ERISA attorneys and fiduciaries, Jeff Acheson, a trusted authority and leader in the retirement plan industry, used a ten-step process to develop the ASG Open(K) Plan Designsm

Make no mistake – the customized plan is only the basis for our service. We are in the people business, building relationships with each individual in the firm and providing sophisticated investment management strategies within hyper-personalized plans for financial independence by providing access to the ASG Managed Account MAPS to simplify and enhance 401(k) account balance management.

We focus on helping you meet the ERISA fiduciary duties associated with your 401(k) plan. We strive for an optimal balance of satisfaction and effectiveness in a co-fiduciary capacity at both the plan and participant level. What’s more, we make plan administrators’ lives easier by:

  • Saving them time and money
  • Reducing their workloads
  • Reducing firm-level risks, and
  • Improving participant outcomes

How do we do this? By striving to reduce core plan expenses to less than 0.50% and minimizing firm-level fiduciary duties and oversight to less than 90 minutes per year.

Can your plan say the same? Use this 401(k) Benchmarking Tool to evaluate your plan against our ten-step process. Then, use our contact form below to see if your firm matches our select law firm profile, and if so, discuss how your firm might benefit from moving to the ASG Open(k) Plan Design.

Beyond 401(k): Reward Loyalty, Retain Leaders, and Reinforce Your Firm’s Future

While traditional 401(k) and Cash Balance plans are powerful retirement tools, they aren’t always enough to keep your top performers engaged and committed for the long haul.

That’s why ASG offers the Strategic Retention & Rewards Program, a customizable Long-Term Incentive Plan (LTIP) designed specifically for law firms that want to compete like corporate America. Built to attract and retain top-tier legal talent, this plan allows firms to:

  • Reward performance and loyalty with deferred bonus structures;
  • Use flexible vesting schedules to discourage early departures; and
  • Offer funds that can be used for equity buy-ins, student loan payoff, or wealth-building goals.

This ERISA-exempt plan uses institutionally priced Corporate-Owned Incentive Life (COIL) policies to informally fund future obligations, providing firms with high early cash value liquidity, no direct surrender charges, tax-free account growth and death benefits, and more than 80 investment options with participant-directed access.

The Strategic Retention & Rewards Program is a powerful way to reinforce firm culture, reduce turnover risk, and retain key revenue generators, all while aligning individual ambitions with the long-term vision of the firm.