Dunham & Associates Unveils Groundbreaking Approach to Retirement Planning

News provided by

Dunham & Associates Investment Counsel, Inc.

Apr 16, 2024, 09:00 ET

Dunham Retirement Income Program Seamlessly Integrates Comprehensive Planning Tools,
Back-Office Support, and Innovative Investment Strategies That Can Help Advisors Prepare
Clients to Retire

SAN DIEGO, April 16, 2024 /PRNewswire/ -- Dunham & Associates Investment Counsel, Inc. ("Dunham") is pleased to announce the launch of the Dunham Retirement Income Program. As a respected name in the financial industry, Dunham introduces its Retirement Income Program as a comprehensive solution designed to assist financial advisors in guiding clients toward achieving their retirement planning objectives.

Dunham believes the Dunham Retirement Income Program is a pivotal program for financial advisors, integrating back-office support and comprehensive planning tools to create a holistic retirement approach. 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. To discover more about this program, please visit: dunham.com/FA/Pages/DunhamInsights.

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 Dunham's planning tools, investments, and trust services can be customized to each client's income needs and retirement goals.

"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."

Key features of the Dunham Retirement Income Program include:

Comprehensive Retirement Planning: Advisors gain access to a holistic retirement planning tool that addresses income needs, risk management, investing, behavioral finance, and more. The program allows advisors to tailor each plan to align with individual client goals, income needs, and financial circumstances, ensuring ongoing alignment.
Powered by DunhamDC: 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."¹ 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. To learn more about the power of DunhamDC, please visit: dunham.com/FA/Pages/DunhamInsights.
A Variety of Portfolios: 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.
Back-Office Support: Dunham automates the back office for the financial advisor and helps advisors prevent clients from making impulsive decisions during market volatility, striving to enhance their long-term financial stability while giving advisors more time to focus on serving retiree and pre-retiree clients.
Integrates With Client's Insurance & Alternative Investment Products: The program 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.

"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 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."

About Dunham & Associates

Dunham & Associates Investment Counsel, Inc. with its affiliate Dunham Trust Company is an accessible wealth and trust management firm that has been challenging the industry's thinking for nearly four decades. The company's differentiated investment strategies and approaches are designed to strengthen the investment process with the goals of relieving investment stress and striving to secure the best possible outcomes for clients.

Financial advisors can utilize Dunham's client service and asset allocation programs to optimize portfolio management. In addition to concierge back-office support, advisors can work with Dunham to create carefully engineered and well-balanced portfolios using innovative mutual fund strategies. The compensation of Dunham's sub-advisors is tied directly to the success of investments, in accordance with the firm's commitment to accessibility, accountability, and fairness.

To learn more, please visit https://www.dunham.com/.

¹ Warren Buffett, "Buy American. I Am," published in The New York Times on Oct. 16, 2008. https://www.nytimes.com/2008/10/17/opinion/17buffett.html

*DunhamDC is subject to the program fees and expenses in the Custom Asset Allocation Program

Media Contact:

JConnelly for Dunham & Associates
[email protected]

Important Disclosures:

This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional or your own independent financial professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.

The Dunham Retirement Income Program (DRIP) involves investments subject to risks, fees, and expenses. There is no guarantee that any investing strategy will be profitable or provide protection from loss. Asset allocation models are subject to general market risk and risks related to economic conditions. Past performance may not be indicative of future results. There may be economic times where all investments are unfavorable and depreciate in value. Loss of original capital may occur.

DRIP uses several assumptions as determined by the client and advisor, including but not limited to, life expectancy, inflation rate, growth rate of the portfolio, monthly cash flow needs, and total value of investable assets in the program. The plan may use a hypothetical rate of return and inflation assumptions, which are determined with the client's input. Data used to derive hypothetical rates of return is based in part on the historical rates of return and risks associated with the asset classes that are included in the plan. Any changes in assumptions may materially affect the plan and limit its usefulness.

The client and advisor should review and confirm the completeness and accuracy of all data before relying on this plan and compare the information in the plan with the statements, 1099s and confirmations received from the custodian(s) for the clients account(s). Changes in assumptions can have significant impacts on the outcome of the plan. Any inaccuracy in the data provided in the plan may invalidate results provided in the plan.

Data shown in the plan is obtained from sources that Dunham considers reliable but there is no guarantee that such data accurately reflects all of the client holdings or transactions, details about their values, costs or returns.

DRIP is not an insurance product and is not guaranteed. Clients may lose money.

Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy will be profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal. Accordingly, no client or prospective client should assume that the information presented serves as the receipt of, or a substitute for, personalized advice from Dunham & Associates Investment Counsel, Inc. ("Dunham") or from any other investment professional.

DunhamDC ("DunhamDC") is a proprietary algorithm of Dunham that seeks to mitigate sequence risk, which poses a threat to an investor's returns due to the timing of withdrawals. The algorithm employs what Dunham considers to be a pragmatic strategy, generally making incremental increases to the equity allocation when global stock market prices decrease and decreasing it when global stock prices increase. This approach is objective, unemotional, and systematic. Rebalancing is initiated based on the investment criteria set forth in the investors application and is further influenced by the DunhamDC algorithm.

DunhamDC uses an unemotional, objective, systematic approach. The algorithm does not use complex formulas and is designed to create a consistent process with limited assumptions based on historical data. DunhamDC may make frequent purchases and redemptions at times which may result in a taxable event in the account and may cause undesired tax-related consequences.

DunhamDC is NOT A GUARANTEE against market loss or declines in the value of the account or a timing strategy. Investor may lose money.

Dunham makes no representation that the program or strategy will meet its intended objective. Market conditions and factors that influence investment outcomes are subject to change, and no program can fully account for all variables and events. The program requires making investment decisions based on factors and conditions that are beyond the Account Owner's and Dunham's control.

Asset allocation, which is driven by complex mathematical models, should not be confused with the much simpler concept of diversification. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. Rebalancing may be a taxable event. Future returns are not guaranteed, and loss of original capital may occur. Before taking any specific action, be sure to consult with your tax professional.

The Sub-Adviser receives a fulcrum fee, which will vary based on the Sub-Adviser's performance against the benchmark. The SubAdviser is rewarded when performance exceed the benchmark and is penalized when performance is short of the benchmark. Some Sub-Advisers receive minimum compensation regardless of whether or not an established performance benchmark is met or exceeded.

No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.

Investors should consider the investment objectives, risk factors, charges, and expenses of the Dunham Funds carefully before investing. This and other important information is contained in the Dunham Funds' summary prospectus and/or prospectus, which may be obtained by contacting your financial advisor, or by calling toll free (800) 442‐4358. Please read prospectus materials carefully before investing or sending money. Investing involves risk, including possible loss of principal.

Dunham & Associates Investment Counsel, Inc. is a Registered Investment Adviser
and Broker/Dealer. Member FINRA / SIPC. Advisory services and securities offered
through Dunham & Associates Investment Counsel, Inc.

SOURCE Dunham & Associates Investment Counsel, Inc.