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Did you know that 46% of workers spend three or more hours during the workweek dealing with or thinking about financial issues? And that 52% of workers are stressed out about their finances? It’s no wonder people struggle to focus around the office these days. Financial insecurity is a growing issue in America’s workplaces as employees grapple with all those things that crop up in their personal lives while trying to maintain a high level of productivity professionally.

That’s why we’ve created a new service for companies that want to help improve their employees’ overall financial well-being and comfort levels, but just don’t know where to start. With PlanWell, businesses can offer an alternative to traditional 401(k) plans, which often require big investments of time and money. PlanWell is designed to be efficient and cost-effective, so that start-ups and small to mid-sized businesses can quickly and easily incorporate financial wellness into their benefits packages.

Here’s how it works: Your employees sign up for the program, and our advisors do the rest. We’ll create an individualized financial plan for each enrolled employee. After that, we’ll continue to guide them with any questions they may have along the way while they’re enrolled with us.

Want to learn more? FAQs!

Is PlanWell easy to implement?

Yes! We’ll be there to help every step of the way. You’ll notify your employees of the program by email and we’ll take it from there. McKay will provide all necessary materials to get your employees going and host an onsite enrollment session. We’ll handle scheduling each employee’s financial planning appointments, too.

What’s included in PlanWell for my employees?

Employees will each receive a Risk Tolerance Assessment, Initial Consultation, and an individually tailored Financial Plan. They’ll also get a monthly e-newsletter subscription and ongoing support from a dedicated McKay financial advisor throughout the financial planning process.

Will McKay Wealth Management Group give me updates on how PlanWell is going?

Of course. As the employer, you’ll receive a list of participating employees each month. We’ll also provide you with quarterly utilization reports detailing your company’s usage of the program.

How do I get my business signed up?

Reach out to us! We’ll send you a Financial Planning Services Agreement to sign that details the ins and outs of PlanWell. Then, we’ll schedule a convenient time to come to your business for an on-site employee information and enrollment session.

How does payment work?

Each month, you’ll receive a list of employees currently participating in PlanWell to review. We’ll make any changes needed. Then your company will be charged per enrolled employee via ACH transfer. It’s that easy!

What if my employee wants to cancel PlanWell?

The employee simply provides written notice to us 30 days prior to when they want to cancel. Depending on where he/she is in the financial planning process, your company may be responsible for a portion of the remaining costs. Please check the Financial Planning Services Agreement for all the cancellation details.

What happens if an employee leaves or is terminated while enrolled in PlanWell?

Your business won’t be responsible for any additional fees for that employee. Losing an employee is hard enough as it is.

My business isn’t quite ready for PlanWell. Do you offer one-time financial education sessions for employees?

Absolutely! Our fee for an on-site financial education session is $250 per hour.


At McKay Wealth Management Group, our philosophy is simple: Planning is the key to success, and the best road to follow is one that is plotted in advance. We want our clients to believe in their financial futures. Working with businesses and their employees is no different. If you’d like to learn more, we’d love to chat. Just reach out!

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