Special Announcements

IMPORTANT NOTICE REGARDING YOUR RETIREMENT PLAN

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  Effective September 1, 2017 Changes made to your UPAL core retirement plan investments can no longer be processed via fax.  Investment changes can be requested through Bank of Oklahoma by calling The Participant Service Group at 1-800-876-9557 Monday – Friday from 8:00am to 7:00pm CDT. Changes to your account can also be made online at www.startright.bokf.com.  If you do not remember your password, you can call The Participant Service Group and they can reset it for you.   The UPAL Core Fund/Model Investment Direction Worksheet which contains a list of…

Manager Change to Core Bond Fund

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Effective 8/29/17 IMPORTANT ANNOUNCEMENT – CHANGE TO MANAGER LINE-UP UPAL CORE BOND FUND Upon reviewing the underlying mix of managers within the UPAL Retirement Program, we have decided, upon the advice of the Strategic Investment Advisory Group, the independent investment advisors to the Program, to remove the DFA Intermediate Term Extended Quality, I Fund from the UPAL Core Bond Fund effective 8/29/17. The DFA Intermediate Term Extended Quality, I Fund will be replaced by the Vanguard Intermediate Term Corporate Bond ETF, which has a lower expense ratio than the DFA…

Asset Allocation Changes

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Allocation Changes The BOKF Asset Allocation Committee recently made a few changes to the tactical asset allocation guidance.  International markets have become more attractive based on their valuation and growth trajectory, therefore, the committee members remain modestly constructive on the market and will reduce the allocation to REITs and increase the allocation to international equities. Tactical Allocation Changes UPAL Conservative and Balanced Models The allocations to the UPAL Core Bond Fund and UPAL Global Public Real Estate Fund are being reduced by 1%.  This reduction is being reallocated 2% to…

DOL Fiduciary Rule Disclosure

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A description of UPAL’s business model and any material conflicts of interest associated with the business model; UPAL is a Registered Investment Adviser and the firm employs Registered Investment Adviser Representatives for the purpose of providing retirement program services. Our retirement programs include ERISA qualified, defined contribution, 401(k) profit sharing plans and Individual Retirement Accounts. UPAL and its Adviser Representatives are Fiduciaries according to the Department of Labor Fiduciary Rule, ERISA, and Internal Revenue Code (IRC 4975(e) (3)]. UPAL is a Level Fee Fiduciary in that level fee compensation is…

WealthBuilder Update

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April 2017 The Strategic Investment Advisors team at BOK Financial has implemented several changes to the WealthBuilder program. The changes are summarized below. Please note that the changes were implemented at the strategy level. Actual trades might vary in each account, depending on the account size and cash flows. Overview The Asset Allocation Committee met on April 10th and recommended several tactical changes. The Committee remain modestly constructive on the market and decided to maintain an underweight in fixed income and an overweight in equity. The decision was made, however,…

Join Us For BOK Financial’s Economic & Market Outlook Call

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Please join Jim Huntzinger, BOK Financial’s Chief Investment Officer, for our next Economic & Market Outlook Call. We will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you and your business. Wednesday, April 12, 2017 3:30 p.m – 4:30 p.m. Central Conference Call Number: 1.888.317.6003 Participant Elite Entry Number: 0003499 Featured Topic: Active Versus Passive Investing: While the active versus passive debate continues, we find value in both approaches. Presented by: Clint Dishman, Senior Vice President, Manager of Strategic…

Now Available On Demand: Pre-Retirement Readiness Meeting Recorded

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Couldn’t make it to the Pre-Retirement Readiness Meeting in September? If you weren’t able to join UPAL and BOK for the Pre-Retirement Readiness Meeting on September 27th, now you can listen to the same helpful pre-retirement planning information and tips on your own time. No matter what age or life stage, it’s not too soon or too late to plan for retirement. Listen to the recorded webinar here. Here’s what attendees said about the valuable information presented at the live meeting. “The speaker was very interesting.” “The presentation offered useful…

WealthBuilder Update

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September 2016 The Strategic Investment Advisors team at BOK Financial has implemented several changes to the WealthBuilder program. The changes are summarized below. Please note that the changes were implemented at the strategy level. Actual trades might vary in each account, depending on the account size and cash flows. Overview The Asset Allocation Committee at BOK Financial met last week and recommended several tactical changes. The Committee is modestly constructive on the market and decided to maintain an underweight in fixed income and overweight in equity as well as alternatives….

RSVP for Pre-Retirement Readiness Meeting

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Group Meeting Details Where: TCMS Meeting Room When: Tuesday, September 27th, 2016 Time: Registration begins at 5:30 PM, 1 hour presentation to follow RSVP HERE Light Hors d’oeuvres will be served. This group meeting is brought to you by BOK Financial & UPAL. Click below for meeting details Pre-Retirement Readiness Meeting (124 kB)

Notice: UPAL Retirement Program Change

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August 23, 2016 A few changes will be made this week to 3 of the 4 UPAL Pooled Fund Models in the UPAL Retirement Plan Program as indicated below.  These changes are recommended by the BOKF Asset Allocation Committee: No changes will occur in the Fixed Income Model Allocation. Conservative Model Allocation – Reduce the allocation to the UPAL Alternative Investment Fund by 2%, increase the allocation to the UPAL Core Bond Fund by 1% and increase the allocation to the UPAL International Fund by 1%. Balanced Model Allocation –…