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    Individual Advanced Planning
    Asset Protection and Preservation

    We provide a wide array of quality insurance alternatives for your family and your business. Read More >>

    Longevity Insurance

    When it comes to long-term planning, certain investments let you save on a tax-deferred basis. Read More >>

    Life Insurance

    Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage and your goals. Read More >>

    Long-Term Care Insurance (LTCI)

    The risk of contracting a chronic debilitating illness is considered by many to be one type of risk best passed on to an insurance company through the purchase of a LTCI policy. Read More >>

    Personal Financial Management

    Marcum's Personal Financial Management group is focused on your total financial wellness. Read More >>

    Wealth Management

    Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage and your goals. Read More >>

    Wealth Enhancement

    Estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives. Read More >>

    Corporate Benefits Group
    Employee Benefit Plans

    Marcum Financial Services Corporate Benefits Group offers innovative and comprehensive employee benefit services for mid- and large businesses. Our advantage lies in proactive ideas, accessibility, flexibility and, most of all, personal service.

    Health and Welfare Services

    Marcum Financial Services Corporate Benefits Group offers a range of core services as well as fee-based services. Read More >>

    Individual Retirement Planning
    Retirement Income Planning

    The key to a financially independent retirement is proper planning. Planning for retirement is an ongoing process.   Read More >>

Corporate Benefits Group

Health and Welfare Services

Core Services

Evaluate Products and Funding
The Corporate Benefits Group will look for alternatives with your current carriers and shop with other vendors as needed. For health coverage, The group will also evaluate funding scenarios involving fully insured, high deductible (HRA/HSA) and self-funded. Marcum Financial Services is not captive to any insurer or administrator; we deal with over 50 vendors.

Implement Plan/Product Design
The Corporate Benefits Group will field underwrite your group to ensure all appropriate data and paperwork is provided to your insurance company.

Conduct Annual Open Enrollment Meetings
The Corporate Benefits Group will promote your benefit plan and conduct group meetings to make sure your employees are informed of their open enrollment options. Representatives are available for confidential employee matters.

Complex Employee Claim Intervention
Employee claim issues cost employers in the time necessary for staff to resolve these matters. Also, privacy issues come into play due to HIPAA privacy regulations. The Corporate Benefits Group will act as a HIPAA Business Associate to your plan. We will save your staff time and mitigate your HIPAA privacy exposure. Our professionals will prepare employee appeals to the insurer - we are your advocate.

Review and Adjudicate Insurance Renewal
The Corporate Benefits Group will review your renewal exhibit in detail- claims vs premium, validate future claims cost and expenses; question underwriting on anomalies and propose solutions to problematic renewal actions.

Annual Employee Communications
The Corporate Benefits Group provides customized enrollment materials, including personalized benefit summaries, instructions and enrollment forms.

Perform Government Compliance Audits
The Corporate Benefits Group will field audit your materials and procedures, including Plan Documents, SPDs, Form 5500, Nondiscrimination Testing, COBRA and HIPAA. The group will advise you of any technical issues or potential liabilities with your program and recommend corrective action.

Consulting on Section 125, FSAs, Health and Welfare Plans, Retirement Plans, COBRA, and HIPAA
The Corporate Benefits Group is available to be your technical resource. We retain counsel to ensure your program is compliant with Federal and State laws. The group will also keep you advised of new and pending legislation.

Fee-Based Services

Total Compensation Statements
Employers go to great expense to provide health benefits. Employees many times do not realize the cost of their benefit package relative to pay. The Corporate Benefits Group will provide you with a personalized, accurate and concise communication piece for each of your employees.

COBRA Administration

  • Initial Notice
  • Letter at Qualifying Event
  • Collection of Payment
  • Monthly reporting to Employer

Employer/Employee Web Portal
The Corporate Benefits Group will help you develop the website you and your employees need to streamline administration and the flow of plan information.

Foreign Language Translation
All employees should have a proper understanding of their benefit plan. The Corporate Benefits Group can provide translators with the proper liability insurance to ensure your program gets proper translation.

Benefit Fair
The Corporate Benefits Group can arrange for your vendors and local organizations to conduct health screenings, promote healthy lifestyles, and offer discounted services for alternative medicine, health clubs, and support groups.

Employee Surveys
Employee surveys are a great way to determine what benefits are important in the mind of your employees. We can also evaluate utilization of the programs to calculate the cost to benefit ratio. Utilization reviews also enable us to counsel individual employees, when appropriate, to help them minimize their out-of-pocket costs.

Supplemental Employee Education
The Corporate Benefits Group will arrange informational seminars for your employees ranging from healthcare to financial matters.

Executive Planning
The Corporate Benefits Group will provide your executives with unique financial advice from monthly budgeting to estate planning.

Flexible Spending Account/HRA/HSA Administration

  • Communications Pieces
  • Claim processing
  • Monthly reports
  • Cut Checks or Advice to Pay
  • Debit Card Access

HIPAA Privacy

  • Privacy Notice
  • Authorization to Disclose Health Information
  • Plan Certification
  • Plan Amendment
  • Policy Documentation
  • Business Associate Agreements

Health Newsletters
Employee education about smoking, diabetes, heart disease can help reduce your claim experience and have a positive effect on your insurance costs.

The Corporate Benefits Group will review your claim experience over the past 3-5 years to provide feedback on renewal actions, scrutinize plan design, and give projections on future plan financial liabilities.

Additionally, an audit service (for larger groups) could potentially result in refunds from an insurance vendor, plan administrator, or healthcare providers to your organization.

Outsourcing/Administration/Record Keeping
We can manage your overall program via online or paper-based methods. We offer eligibility, reporting, and fulfillment services for new hires, life events, and terminations.

The Corporate Benefits Group can conduct training sessions for your staff. We can provide customized administration manuals pertinent to your plan. The Corporate Benefits Group can provide training on ERISA, COBRA and HIPAA privacy.

Employee Resource Locator
Employees can call us to locate services such as day care centers and elder care.

Plan Document Preparation
The Corporate Benefits Group can work with your attorney or use a document preparation service to prepare ERISA compliant Plan Documents.

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Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

Marcum Financial Services, An Independent Firm

Securities offered through Raymond James Financial Services, Inc. Member FINRA / SIPC

Investment advisory services at the New Haven, CT office are offered through Raymond James Financial Services Advisors, Inc.

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